GST Articles

How to report ITC in Form GSTR 3B as per latest circular

Posted by Ajay Kumar Maggidi 11 July 2022 6135 Views

In order to bring uniformity in reporting of ineligible and reversal of credits, CBIC has issued a circular (No. 170/02/2022- GST) regarding furnishing of information regarding ITC availed, reversal and ineligible ITC in Table 4 of GSTR-3B.

Format of GSTR 3B - Table 4

Posted by Yash Bhadiyadra 09 July 2022 23344 Views

Circular 170/08/2022 - GST - Tabular Format - In a simple manner and easy to understand

GST in RCM in case of ocean freights

Posted by CA Pradeep Sharma 09 July 2022 5050 Views

The idea of introducing 'composite supply' was to ensure that various elements of a transaction are not dissected and the levy is imposed on the bundle of supplies altogether.

Reporting of ITC in GSTR 3B and other details in GSTR 1 and GSTR 3B

Posted by Rohit Kumar Singh 08 July 2022 10169 Views

The GST Council in their 47th meeting at Chandigarh proposed changes in Form GSTR 3B as well as suggested new disclosure requirements for GSTR 1 and GSTR 3B. We have summarised the Circular No 170/02/2022-GST dated 6th July 2022 as well as presented the changed Form GSTR 3B for better understanding and clarity.

Notifications pursuant to 47th GST Council Meeting

Posted by Rohit Kumar Singh 08 July 2022 6288 Views

CBIC has issued Non-Rate Notifications giving effect to the recommendations of the GST Council meeting

How to handle litigation under GST

Posted by CS Advocate Abhishek Goyal 07 July 2022 5225 Views

Post 5 years of GST implementation, it is seen that GST still remains an evolving law, leave alone a settled law so to speak. While some of the issues are ironed out, there are still plenty of issues that need consideration in terms of ground-level reality check.

All about Form GSTR-9C

Posted by Neethi V. Kannanth 07 July 2022 6212 Views

Earlier, every registered person whose aggregate turnover during a financial exceeds Rs. 2 crore was required to get his accounts audited as specified under section 35 (5) of the CGST Act and was required to furnish a copy of audited annual accounts and a reconciliation statement, duly certified from GSTR-9C.