GST Articles
Analysis of risk parameters of scrutiny of GST Returns as per SOP issued by CBIC
The Indicative list of Parameters introduced by CBIC vide Instruction No. 02/2022-GST dated 22.3.2022 in Standard Operating Procedure (SOP) for Scrutiny of returns u/s 61 of CGST Act read with Rule 99 of CGST Rules for F.Y. 2017-18 and F.Y. 2018-19 are enumerated hereunder:
ITC reversal for Credit Notes in GSTR-3B - What if Net ITC is reported directly in GSTR-3B?
In this article, the author has provided draft contentions that can be used to defend this query of the department.
E-way bill is redundant - Why not abolish?
In a dispute concerning e-waybill, recently Hon'ble Gujarat High Court ruled in favor of taxpayer in the case of Dhabriya Polywood Limited Vs Union of India. In this case, everything was correct like invoice, e-waybill etc. except a small mistake of selecting wrong ODC type of vehicle in the e-waybill.
Gujarat High Court Delivers Two in One Reliefs for Real Estate Industry in India
On 6th May, 2022, The Hon'ble Gujarat HC delivered a 'soothing to the sight' of developers and builders judgement in case of MUNJAAL MANISHBHAI BHATT VERSUS UNION OF INDIA 2022 (5) TMI 397 wherein it has in principal addressed to two issues of GST on Real Estate.
Is Registration Under GST Mandatory?
The Tax Identification Number, now known as the GSTIN is a 15 digit unique code that is assigned to every business that registers itself under the GST. You can apply for a GSTIN by registering for GST which is a cost-free process facilitated by the Government of India.
Important Updates and Due Date Compliances under GST for November 2021
Important clarifications/ amendments issued by the Government on GST in October 2021 along with compliance timelines in November 2021
Use of excessive UPI may invite notice from Income Tax & GST Department
USE OF EXCESSIVE UPI -MAY INVITE NOTICE FROM INCOME TAX/GST DEPARTMENT Dear Friends,We are living in a modern world, where we are using various types of gadget...
Important Updates and Due Date Compliances under GST for May 2022
Important clarifications/ amendments issued by the Government on GST in April 2022 along with compliance timelines in May 2022
Due Date Compliance Calendar - November 2021
Due dates for Compliances under GST, Income Tax, ESI, PF Acts have been mentioned in this article by the author.
Scrutiny of Returns in GST
Section 61 of the CGST Act, 2017, empowers the proper officer to scrutinize a return and related particulars furnished by the registered person to verify the correctness of the return and inform him of the discrepancies noticed, if any, and seek his explanation thereto.
Popular Articles
- Individual Income Tax Return Filing Due Dates for FY 2025-26 (AY 2026-27)
- Due Date Extended: Check Which Return Filing Gets More Time?
- New Column in ITR For AY 2026-27: "Receipts Not in Nature of Income" - What Is It?
- PNB FD Interest Rates 2026 for 444 days: Maximize Your Returns Without a Long Lock-In
- AIS Income Tax Transactions: What to Report and What to Skip in AY 2026-27?
- Pensioner ITR for AY 2026-27: Guide to Reporting Pension Income and Claiming Your Tax Refund
- ITR Processing Time 2026: Know How Long Will It Take and What Each Status Message Means
- Income Tax Update: How to Transfer TDS From Wife to Husband's ITR?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
