GST Articles

Restriction of Input Tax Credit to 20% - Breakdown

CA GAUTHAM RAJ 02 November 2019 at 13:54

MOF vide notification no. 49/2019 - Central Tax dated 09th October, 2019 vide powers conferred on central government under section 164 of Central Goods and Services Tax Act, 2017, through CGST (Sixth Amendment) Rules, 2019, has inserted sub-rule (4) in rule 36 on Documentary requirements and conditions for claiming Input Tax Credit.

Renting of Motor Vehicles - RCM

Rinky Senger 02 November 2019 at 13:54

Among the other decisions taken in 37th GST Council Meetings held on 20th September 2019, liability to pay tax on reverse charge basis on service of renting of motor vehicles is also decided and made effective through notification no 22/2019 Central Tax (Rate) dated 30th September 2019 w.e.f. 1st October 2019

GST Compliance calendar for the month of Nov 2019

Bimal Jain 01 November 2019 at 13:54

Compliance Calendar for the month of November 2019

Refund under Inverted Duty Structure and Verdicts

Neha Sethi 31 October 2019 at 10:51

The article discusses on the Refund under Inverted Duty Structure and Verdicts

Seats for railway coaches taxable @18% GST: AAR

Bimal Jain 31 October 2019 at 10:50

The Hon'ble AAR, Punjab in the matter of M/s. Sutlej Coach Products Pvt Ltd. held that 'Seats for Railway Coaches' supplied to Rail Coach Factory falls under Heading 9401, liable to GST at 18%, and cannot be classified at 5% under HSN 8607 as parts of Railway.

FAQ on view notices/orders and file reply to the issued notice in GST

Guest 30 October 2019 at 11:10

FAQ on view notices/orders and file reply to the issued notice in GST

How GST E-invoice will work!

CA Rakesh Sharma 29 October 2019 at 11:03

The GST Council approved the standard of e-invoice in its 37th meeting held on 20th Sept 2019

Advance Ruling for ITC on inward supplies of goods & services given as gifts

Kusum Gandhi 26 October 2019 at 13:01

Case Law Details Legal Name of Applicant Surfa Coats (India) Pvt. Ltd Details of Application GST-ARA, Application No. KAR AD..

20% Formula for Input Credit - Is History repeating itself?

Seetharaman K C 23 October 2019 at 11:54

The Central Board of Indirect Taxes and Customs issued notification no 49/2019 dated 09-10-2019, amending the rules for claiming Input Tax Credit wherein the government has capped the ITC that a registered person can claim.

Steps to generate e-invoice under GST

CA Ruchika Tulsyan 22 October 2019 at 11:02

Background: GST Council in its 37th Council meeting held on 20 September 2019 approved the standard of E-Invoice and it has been publish on GST portal.