GST Articles

GST Notifications issued on 13.12.2019

CA Urvashi Joshi 17 December 2019 at 09:39

Get an overview of all the GST Notifications issued on the 13/12/2019

HC: Directs revenue to allow the petitioner to file GST TRAN-1

Bimal Jain 16 December 2019 at 10:11

The Hon'ble HC, Calcutta in the matter of Mrinal Ghosh v. Union of India & Others [W.P. No. 9821 (W) of 2018 decided on November 21, 2019] directed the Revenue to allow the Petitioner to file GST TRAN-1 to enable him to obtain credit accrued in his favour prior to the transition.

Summary of GST Notifications, Circulars & Orders of November 2019

Vamshi Krishna Javvaji 13 December 2019 at 13:00

The objective of this article is to summarize all the updates of GST (Notifications, Circulars, other amendments, and updates) in one place. 11 Central tax notifications, One Central tax rate notification and 6 Circulars were issued during the month Nov�19. The same is being summarized below.

TDS under Goods and Service Tax (GST)

Khushboo Dave 13 December 2019 at 12:59

Tax Deduction at source is a way by which leakage of revenue to Government is ensured to some extent. Like direct Tax, TDS is also implemented for Indirect Tax...

Detailed analysis of new GST returns

Sandip Agarwal 13 December 2019 at 11:22

Under the new GST return, there will be 1 main form viz. GST RET-1 (Normal), / GST RET-2 (Sahaj)/ GST RET-3 (Sugam) (i.e. the taxpayer will have to file any of the above forms) and two Annexures namely GST Anx-1 & GST Anx-2.

ITC restriction on invoices or debit notes not uploaded in GSTR-1

Lalit Kumar Gupta 11 December 2019 at 11:01

Input Tax Credit restriction - Rule 36(4) of CGST Rules, 2017 inserted vide Notification No. 49/2019 dated 09th Oct, 2019 was made applicable w.e.f. 09th Oct, 2019. This article explains the ITC restrictions imposed through this rule with valid examples.

1 E-way bill, 2 GST returns, 3 victims- blocking of e-way bill

CA Umesh Sharma 11 December 2019 at 10:36

In today's conversation between Arjuna and Krishna. Krishna is addressing all the questions that Arjuna has about the FAQs on blocking of e-way bill on non-filing of the returns.

Top 7 Queries on New GST return ANX-1

Estartupindia 10 December 2019 at 11:11

The new GST return filing has now been made effective and is applicable to every one of the taxpayers.In the new returns, the taxpayer is required to file GST returns together with annexures. Here we shall try to be aware of some essential guidelines of filing the FORM GST ANX-1 with the help of Frequently Asked Questions (FAQs).

Implications of GST on Stock Lending Scheme

CA. Heet Shah 09 December 2019 at 10:20

Under GST "services" means anything other than goods, money and securities.The lending of securities is not a transaction in securities as does not involves disposal of securities and hence it gets covered under the definition of service mentioned above. The lending of securities is classifiable under heading 9977119 and is leviable to GST @18%.

Sponsorship service by charitable institute under GST

CA. Heet Shah 09 December 2019 at 10:20

The CBIC has clarified the applicability of GST on gift donations received by the charitable organizations involved in the advancement of religion, spirituality or yoga which is acknowledged by them by placing nameplates in the name of the individual donor. Know what the clarification says.