GST Articles

GST rate on royalty paid to obtain license for mining services

Posted by Pradeep Jain 24 April 2020 5464 Views

GST Update on applicable rate of GST on royalty paid to obtain license for mining service. The AAR recently held that the applicable rate of GST on the royalty paid under a mining lease agreement with the government attracted a GST rate of 18% under the reverse charge mechanism.

Concept of Missing Invoice under New GST Returns

Posted by Member (Account Deleted) 24 April 2020 13599 Views

Can recipient take credit of invoice not uploaded by supplier in his GST Return. The answer to the said question is given in this article.

All about Form GST PMT-09

Posted by CA MD ZAHID AKHTER 24 April 2020 5227 Views

Now form GST PMT-09 is available on the Common Portal, which enables a registered person to transfer any amount of tax, interest, penalty, fee, etc. available in electronic cash ledger, to the appropriate tax or cess head.

GST PMT - 09 and filing GSTR-3B

Posted by Rohit Kumar Singh 23 April 2020 4492 Views

Recently GSTN portal has rolled out certain changes on GSTN portal for taxpayers. Important changes being Facility for filing GST PMT - 09 and Facility for filing GSTR 3B Return

GST Update on PMT-09 facility

Posted by Pradeep Jain 23 April 2020 5224 Views

If a taxpayer has wrongly paid IGST instead of CGST, he can now rectify the same using Form PMT-09 by reallocating the amount from the IGST head to the CGST head.

IGST refunds on exports: Extension to correct SB005 error

Posted by DEEPAK SETH 22 April 2020 2790 Views

Many Circulars had been issued by Ministries for trade facilitation and as interim measures to help trade adapt and acclimatize to changing requirements in the GST era.

How to file PMT-09 on GST Portal

Posted by Shashank kothiyal 22 April 2020 18909 Views

Form PMT-09 allows the transfer of an amount from one head to another head. PMT-09 enables a registered taxpayer to transfer any amount of tax, interest, penalty, etc. that is available in the electronic cash ledger, to the appropriate tax or cess head under IGST, CGST and SGST in the electronic cash ledger.

Summary of recent GST notifications

Posted by Ajay Kumar Mundada 22 April 2020 4718 Views

GST Recent Notifications (released on 03-04-2020) Analysis with respect relaxations provided in view of Novel Corona Virus (COVID 19)

GST on Online Information Data Base Access and Retrieval Service (OIDAR)

Posted by CA Amit Harkhani 21 April 2020 11240 Views

Online Information Database Access and Retrieval services (hereinafter referred to as OIDAR) is a category of services provided through the medium of internet and received by the recipient online without having any physical interface with the supplier of such services.

Will GST be exempt on face masks, PPE Kits, and Sanitisers amidst COVID-19?

Posted by Sanchit Aggarwal 21 April 2020 12843 Views

GST on face masks, PPE Kit, santisiers, and ventilators is 5%, 12%, 18%, and 12%. The government has exempted basic custom duty on these products. But GST continues to be levied.