GST Articles
Recent changes for GSTR 9 & 9C dated Nov14, 2019
The CBIC, vide Notification No. 56/2019 - Central Tax dated November 14, 2019, has made certain amendments to simplify the Form GST GSTR 9 & GSTR 9C to ensure easier return filing by taxpayers.
Simplification of Form GSTR-9 & 9C
CBIC has issued Notification no. 56/2019 - Central Tax dated: 14th November 2019 on simplification on GSTR-9 & 9C for FY 2017-18 and 2018-19.
Delhi HC allows rectification of GSTR-3B in the month to which the mistake relates
The Delhi HC in the matter of Bharti Airtel Ltd vs UOI, allowed the rectification of mistakes in GSTR 3B in the same month to which the mistake pertains reading down para 4 of Circular No. 26/26/2017-GST which restricted it to the month of actual finding of mistake.
Works contract under GST- A critical analysis
As per Para 6 (a) of Schedule II to the CGST Act, 2017, works contracts as defined in section 2(119) of the CGST Act, 2017 shall be treated as a supply of services. Thus, there is a clear demarcation of a works contract as a supply of service under GST.
Have complications of works contract resolved under GST?
One of the most disputed or major areas of concern for both taxpayers and authorities in the earlier regime was "works contract".Earlier this was the tricky area because it was taxed under both VAT and service tax as a good and service respectively and also a works contract tax used to be levied.
Rule 36(4) Cannot Restrict Or Disallow The ITC Claimed By Assessee
Input Tax Credit To Be Availed By A Registered Person In Respect Of Invoices Or Debit Notes, The Details Of Which Have Not Been Uploaded By The Suppliers Under Sub-Section (1) Of Section 37, Shall Not Exceed 20 Per Cent
GSTR-9 and GSTR-9C Simplified
The Government on the 14th of November decided to extend the due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 to 31st December 2019 and for Financial Year 2018-19 to 31st March 2020. The Government also decided to simplify these forms by making various fields of these forms as optional.
Is Denial of refund of ITC not reflected in GSTR-2A valid?
The Rule 36(4) prescribed that ITC shall be entitled to the extent of the invoices uploaded by the suppliers and gives another 10% of the matched ITC in addition to the matched ITC.
Precautions to be taken while responding to a notice under GST
On receipt of Notice, before responding to any notice or any other communication, the taxpayer must ensure whether the notice is issued the jurisdictional proper officer?
GST Audit Report 2017-18, lots of load to upload
GST Audit Report 2017-18, lots of load to upload
Popular Articles
- EPFO 3.0 Introduces Faster Claim Settlements and UPI Withdrawals: Latest Update For July 2026
- Kisan Vikas Patra Scheme 2026: Latest Interest, Eligibility, Maturity, Taxability and Investment Benefits
- Senior Citizen After Retirement Must Report These 5 Incomes While Filing ITR for AY 2026-27
- TDS on Cash Withdrawals 2026: Excess vs. Entire Amount
- GST Updates: Last Chance for Taxpayers to Complete FY 2025-26 Process
- Section 44ADA of the Income Tax Act: Latest Rules and Questions Every Professional Asks
- PNB FD Interest Rates 2026 for 444 days: Maximize Your Returns Without a Long Lock-In
- Income Tax Demand Notice 143(1): Know Why You Received It and What to Do Next?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
