In this article, we will discuss only Section-95, 96, 98 & 99 of Finance (No.2) Act, 2019. Earlier we have discussed Section-93 & 94 of Finance (No. 2) Act, 2019.
GST on supply of service by way of renting of any motor vehicle designed to carry passengers(cost of fuel included in the consideration charged from the service recipient) is paid if certian conditions are satisfied. Read the full article to know all the conditions.
The GST council should consider that taxpayers are the real nation builders. If they will be burdened with such haste compliances and bureaucracy, there will be an adverse impact on trade as in general. The law should punish the evaders but shall not cause harassment to everyone in general who pay their taxes honestly, due to some minor non-compliances.
An advance ruling helps the applicant in planning his activities which are liable for payment of GST, well in advance. It also brings certainty in determining the tax liability, as the ruling given by the Authority for Advance Ruling is binding on the applicant as well as Government authorities.
CBIC issued the Notification No. 01/2020 - Central Tax on dt. 01 Jan 2020 regarding the implementation of provisions of Finance (No. 2) Act, 2019 to amend the CGST Act, 2017.
CBIC notifies certain sections in the Finance (No.2) Act, 2019 pertaining to CGST & IGST Act, effective from 1st January 2020
This article talks about the extension of the due date for furnishing the annual return for the year 2017-18 by CBIC and the clarification on RCM on renting motor vehicles.
Download of GST ANX-2 JSON file1. Why do I need to download the GST ANX 2 JSON file from the GST Portal?The data in GST ANX-2 is majorly auto-populated from th..
As a GST practitioner, you must be aware of late fees for delayed filing of GSTR-1. So, file all your pending GSTR-1 by 10th January 2020, in order to save your hard-earn money and from today itself be punctual in filing GSTR-1 as well.
Read this beautiful conversation between Arjuna and Krishna. Where Krishna tells Arjuna about all the recent changes in the GSTR-9C offline utility forms updated on the 24th of December, 2019.
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards