GST Articles

GST Registration: Eligibility and Procedure

CA Santhosh Gupta Kethepalli 03 July 2020 at 10:55

Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both.

Waiver of Late Fees of GSTR 3B: Recent Notifications

CA Rahul Mittal 02 July 2020 at 10:32

CBIC has issued Notification No. 57/2020 on 30.06.2020 to prescribe maximum amount of penalty if GSTR3B is filed up to 30.09.2020. The said relief is for both class of taxpayers i.e. taxpayers having turnover up to Rs. 5 crores or more than 5 crores.

Form GSTR 3B : Waiver or reduction of Late fees

Rohit Kumar Singh 02 July 2020 at 10:32

CBIC has issued Notification No - 57/2020-Central Tax dated 30-06-2020 waiving/reducing late fees on filing of GSTR 3B for the months of May 20 to July 20 by 30th September 20.

GST Due dates Effects is like

CA Umesh Sharma 29 June 2020 at 16:31

Some major recommendations were put forth by the GST Council in the 40th GST Council meeting. What further step has CBIC taken to give effect to the recommendations

GST Compliance relaxations related to Refund, E-way Bills and Orders

Rohit Kumar Singh 29 June 2020 at 14:28

GST Compliance relaxations related to Refund, E-way Bills and Orders

GST Return Due Dates: Updated Compliance Chart

CA Nikhil Jhanwar 29 June 2020 at 09:30

To amend the existing relief provided by the Government amid COVID-19 in terms of waiver of late fees, interest and reduced rate of Interest @9% p.a. for the period of February, March and April 2020 and similar relief has been provided for the period May, June & July 2020 and extension of due date for August 2020

GST Changes in Finance Act 2020 effective from 30th June 2020

CA Arun Chhajer 27 June 2020 at 17:10

Certain section of Finance Act 2020 has been made effective from 30th June 2020 vide Notification No 49/2020 - Central Tax dated 24th June 2020.

RCM: Time Of Supply With Practical Points

Sandeep Rawat 27 June 2020 at 10:32

Reverse charge means the liability to pay tax is on the recipient of supply of goods or services instead of the supplier of such goods or services in respect of notified categories of supply.

Compliance Chart showing Due Date of GSTR 3B and GSTR 1

CA Arun Chhajer 27 June 2020 at 10:32

Due to multiple notifications issued for providing the relaxation in the Interest / Late fees / Due date / Conditional date in filing of GST Returns. Recent Notification has removed certain condition which is attached earlier especially with Interest Rate.

Input Tax Availability on Transportation of employees

Pradeep Jain 26 June 2020 at 17:57

The issue regarding allowing of availability of input tax credit relating to the facilities provided to the employees by the companies has been a point of dispute between the taxpayers and department since inception of GST regime. AAR has always given a regressive ruling i.e. not in favour of taxpayers