Since we are moving towards online business and transactions, therefore Government need to fix time limit for refund cases as defined above to save interest paid by the department in delay payment of Refund and concern GST Officer should be answerable to GST Department and Ministry of Ministry for such delay.
Clarifications were issued by the department in respect of issues under GST Law for companies under IBC Code, 2016. Here is the analysis of clarifications.
The Goods and Service Tax Portal is full of several technical glitches. Here are 57 major technical glitches ob the GST Portal.
Know the provisions of GST on advances/security deposit et, and how advances and considerations are treated under GST.
The e-invoicing system was introduced in Jan 2020. The system of e-invoicing helps generate B2B invoices on a voluntary basis. E-Invoice is a standard format of the invoice recommended by the GSTN.
Provisions related to ITC in respect of Motor Vehicles, other Conveyance, and repairs and maintenance thereof. The article contains the newly amended provisions regarding ITC on Motor Vehicles.
Since the GST Act has been implemented, we have seen that various changes are made in the CGST Rules. Here is the summary of the latest changes that have been made in the CGST Rules.
Clarifications issued by the CBIC on filing of refund application where NIL return has already been filed and favorable order received in appeal or any other forum. Following is the key point related to such circulars issued on 3rd October 2019.
The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications and Circular under GST Laws to implement the recommendation of the 37th GST Council held on 20th September, 2019.
CBIC issued a clarification on GST Refund related issues on 31.03.2020. The clarification covers bunching of refund claims across various years, guidelines for a refund of ITC, etc.
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