As per section 103 of the CGST Act, 2017, the orders of AAR and AAAR are binding on the applicant, unless there is a change in the law, facts or circumstances based on which original advance ruling has been pronounced.
In this article we will discuss the GST Implication on Bad Debts. Bad debts are not allowed for the reduction in GST liability.
'Profit is fine, profiteering is not. Don't let someone profiteer at your expense.'
Under the current Service Tax Law tax on Reverse Charge basis is leviable under various services but the concept of Reverse Charge on goods
The facility to file GSTR-4(Annual) using offline utility has now been made available on the GST Portal. The due date to file the form for FY 19-20 is the 31st of August 2020.
A few suggestions on GST Simplification procedure has been mentioned below in this article.
Email from GSTN on Aggregate Turnover - How to Respond?
Pure Agency (The different dimensions of application of GST Provisions on transportation services provided by a Pure Agent)
TCS and TDS have some similar and dissimilar features. TDS refers to tax that is deducted when recipient makes some payments under a contract etc.
Given below is an update for you, on new functionalities, which were made available on GST Portal, recently:A) Assessment and Adjudication
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English