GST Articles

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

Posted by CA Sachin Agarwal 23 January 2021 15872 Views

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)

Posted by Suhasini

22 January 2021 11280 Views

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

Posted by CA Umesh Sharma 19 January 2021 4863 Views

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

Posted by MOHAN ARYA 18 January 2021 4576 Views

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?

Posted by CMA Mrudula M 18 January 2021 2376 Views

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%

Posted by Bimal Jain 14 January 2021 16236 Views

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

Posted by CA Umesh Sharma 12 January 2021 17963 Views

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

Posted by Bimal Jain 12 January 2021 8603 Views

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

Posted by CA. Ankit Chandrakar 11 January 2021 3395 Views

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.

Time limit increased for grant of GST registration from 3 to 7 working days

Posted by Bimal Jain 09 January 2021 16517 Views

In this article, we discuss the CGST (Fourteenth Amendment) Rules 2020, wherein the Time limit was increased for grant of GST registration from 3 to 7 working days.