GST Articles

GSTR-9 and Due Date to file GSTR-9

Posted by Aishna Kukreja 21 October 2021 32905 Views

GSTR-9 is an annual return, to be filled by registered dealers, which contains a consolidated summary of all monthly returns, i.e. GSTR-1, 2A, and 3B under CGST, SGST and IGST during the entire year, along with turnover and audit details for the same.

GST Return Filing

Posted by Taxblock 19 October 2021 8611 Views

GST Return Filing is a compulsory process for every person who has a business and is registered under the GST Act. It is a very critical activity and a link between the government and the person who is paying the tax.

Notices and appeal under GST

Posted by Taxblock 19 October 2021 7904 Views

A notice can be named as a show cause notice, scrutiny notice or demand notice. This depends on the objective of the notice and the gravity of default or any action which is required from a taxpayer.

What is GSTIN?

Posted by Taxblock 19 October 2021 4189 Views

Every business that operates in a state or union territory is assigned with a unique Goods and Services Tax Identification Number, which is generally known as GSTIN.

Who Needs A GST Registration & Mandatory Documents For Online GST Registration

Posted by Taxblock 19 October 2021 7899 Views

Any person who is engaged in inter or intra state supply of goods or services and whose aggregate annual turnover is more than Rs 20 Lakh is binding to obtain a GST registration.

Legality Status of ITC Block by GST Department

Posted by CA PIYUSH KAPOOR 13 October 2021 10412 Views

As per Rule 86A, a commissioner or any officer authorized by them can block the ITC available in the electronic credit ledger of the taxpayer if they have reasons to believe that he has fraudulently availed ITC.

No auto cancellation of Registration of Recipient for fraud by the Supplier - Orissa High Court

Posted by Lekhraj sood 13 October 2021 4445 Views

Section 16 of the OGST Act with Rule 21 of the OGST Rules provides that there is no provision that enables the cancellation of the registration of the purchaser for fraud committed by the seller.

GST on Sale of Land

Posted by Deepak Bapat 13 October 2021 31113 Views

GST on the sale of land is not payable as per Para 5 of Schedule III of the CGST Act which provides that a transaction of sale of land shall be treated neither as a supply of goods nor a supply of services.

10 Important Points to Consider before Filing September 2021 GST Return

Posted by CA Umesh Sharma 13 October 2021 15956 Views

Once the return of September 2021 is filed, no changes or rectifications can be made further. Thus, taxpayers must reconcile their books and returns & make the final adjustments.

Basic overview of CGST, SGST, IGST and UTGST

Posted by Taxblock 08 October 2021 4715 Views

There were multiple taxes before GST such as Central Excise, Service Tax and State VAT etc. whereas under GST there is only one tax with three different components i.e., CGST, SGST and IGST.