GST Articles

Blocking of GST Credit and Restriction of ITC to 10% of GSTR 2A

Posted by Rohit Kumar Singh 15 March 2021 10807 Views

The GST Council in its 38th Meeting held on 18th December, 2019 at New Delhi decided to take certain measures to curb the issue of ITC being availed on fake invoices as well as fall in monthly GST revenue collection.

Problems in GST that needs to be solved

Posted by CA Sudhir Halakhandi 15 March 2021 7957 Views

RESPECTED GST LAW MAKERS- PLEASE LISTEN AND SOLVE

Solution to the Dilemma faced by the Recipient of Deemed exports for claiming refund !!!

Posted by CA. Heet Shah 15 March 2021 6833 Views

Discussing whether, as per Rule 89(1) of CGST Rules, 2017, the recipient of deemed supply applying for refund has to claim ITC or not, in order to claim a refund?

GST Audits: Checks for supply to exporters at concessional rates @0.1%

Posted by CA. Heet Shah 15 March 2021 11307 Views

Discussing conditions that need to be satisfied in case one is supplying to a merchant wherein export is in excess of @0.1% (IGST) or 0.5% (CGST & SGST each).

Consolidated debit/credit note enabled on GST Portal

Posted by Lekhraj sood 15 March 2021 10815 Views

Consequent to amendment to section 34 of CGST Act,2017 through CGST (Amendment) Act, 2018 which was made effective from February 1, 2019 , one credit note can be issued against one or more relevant tax invoices.

No GST payable on recoveries from employees towards transport facility

Posted by Lekhraj sood 14 March 2021 6185 Views

AAR Maharashtra vide its order GST-ARA-23/2019-20/B-46 dated AUGUST 25, 2020 in the case of Tata Motors Limited rules that no GST is payable by the applicant on the nominal amounts recovered from its employees for availing transportation service for commuting to office in view of the fact that this transaction is not a supply as being covered under Schedule III of the CGST Act.

ITC on Lift available or not under GST?

Posted by ca.sanjeev kumar 14 March 2021 8661 Views

The applicant in the instant case shall not be entitled to avail input tax credit of tax paid on procuring the lift to be installed in the hotel building which in turn is intended to be used for providing taxable service, in terms of section 17(5)(d) of the CGST Act 2017.

How To Cancel GST Registration?

Posted by Praveen Singh 14 March 2021 4608 Views

Taxpayers who have already registered under the GST Act can apply for cancellation of GST registration any time if they think they should close their business or in case any situation arises. Once the registration is cancelled it is no longer required to pay tax or collect tax from ordinary people.

This September - Tarikh pe Tarikh!

Posted by CA Umesh Sharma 14 March 2021 3138 Views

Krishna, half-year of 2020-21 is about to end. Along with the same, there are many due dates to be complied with in the same month. Please tell me which are those due dates? asks Arjuna

Credit & Debit Notes: Section 34 of CGST Act 2017

Posted by CA Santhosh Gupta Kethepalli 14 March 2021 32735 Views

Any registered person who issues a credit note in relation to a supply of goods or services or both shall declare the details of such credit note in the return for the month during which such credit note has been issued