GST Articles

Clarity On Table Wise Applicability Of GSTR-9 For FY 2019-20

CA Sapna Ghelani 23 January 2021 at 13:00

Form GSTR-9 is an annual return to be filed once, for each financial year, by the registered taxpayers. The taxpayers are required to furnish details of purchases, sales, input tax credit or refund claimed or demand created etc in this return.

Filing Of GSTR-9/9C For FY 2019-20

CA Sachin Agarwal 23 January 2021 at 10:17

Discussing the applicability of FORM GSTR-9 and 9C, along with recent amendments that the taxpayers have to take into consideration before filing these forms for the FY 2019-20.

New functionalities made available for Taxpayers on the GST Portal (Oct - Dec 20)

Suhasini 22 January 2021 at 15:36

New functionalities pertaining to Registration, Returns, E-Way Bill, Advance Ruling, Taxpayer Dash Board and Search Taxpayer Functionality made available for Taxpayers on the GST Portal (Oct-Dec 20)

Taxpayers! Furnish GSTR-1 in time, or pay late fees

CA Umesh Sharma 19 January 2021 at 09:53

Importance of filing GSTR-1 on time,the due date of filing GSTR-1 and the consequences of non-furnishing of GSTR-1 within the due date

No Bank Account Attachment Order Under Section 83 Of CGST Act

MOHAN ARYA 18 January 2021 at 15:18

Section 83 read with section 159(2), and the form GST DRC-22 show that a proceeding has to be initiated against a specific taxable person, an opinion has to be ..

It is time to look back at - Why GST and what exactly is it?

CMA Mrudula M 18 January 2021 at 09:58

This article explains how GST is the need of the hour. A comparison between the old tax system and GST has been madeon the basis of rates, levy & collection, cascading effect and ease of business.

Rule 36(4) amended to reduce ITC entitlement for invoices not furnished by supplier from 10% to 5%

Bimal Jain 14 January 2021 at 10:28

CBIC, vide Notification No. 94/2020-Central Tax, dated December 22, 2020, has issued CGST (Fourteenth Amendment) Rules, 2020, inter alia, amending Rule 36(4) of the CGST Rules, 2017 w.e.f. January 1, 2021

Shock Causing Notices (SCNs) of Service tax by GST department

CA Umesh Sharma 12 January 2021 at 10:00

The Central GST department has been issuing Show Cause Notices for differences in receipts as per Service tax returns & ITRs for FY’s 14-15, 15-16 and so on. This is a critical topic to discuss.

Restricting use of ITC amount for discharging output tax liability in GST

Bimal Jain 12 January 2021 at 09:53

The CBIC vide Notification No. 94/2020-Central Tax, dated December 22, 2020, has introduced a new Rule 86B in the Central Goods and Services Rules, 2017 ("CGST Rules"). Let us understand the same.

All about Registration under GST

CA. Ankit Chandrakar 11 January 2021 at 09:46

In this article, we discuss all about GST Registration, including persons liable to get a GST registration, important points to be noted, calculation of threshold limit, and exceptions, etc.