GST Articles

GST Audit Check list for Composition Taxpayer

Posted by Bimal Jain 11 January 2020 18240 Views

The CBIC has issued GST audit Manual 2019 after approval by the Board. The Board vide its letter F. No. 221/03/2013 � CX-6 dated August 30, 2018 requested

12 Important things for taxpayers under GST for 2020

Posted by Bimal Jain 10 January 2020 34785 Views

New Year 2020 also ushers in certain new changes under the GST, which are important to be considered by the taxpayers. This article summarises 12 such changes like the restriction on the claim of ITC, blocking of the e-way bill, new GST Return system, RCM on motor vehicles, etc.

Summary of GST Notifications, Circulars & Orders of December 2019

Posted by Vamshi Krishna Javvaji 09 January 2020 28679 Views

The objective of this article is to summarize all the updates of GST (Notifications, Circulars, other amendments and updates) released in the month of December 2019.

Issues on inward supply in GSTR 9

Posted by Shrikant Toshniwal 08 January 2020 13919 Views

Particulars FY 17-18 FY 18-19 Reporting in GSTR 9 GSTR 3B GSTR 3B FY 17-18 Table 6/7 FY 18-19 Table 8/12/13 ITC of inward ...

Reversal not required by Restaurants and Outdoor Caterers under Rule 6(3) of Cenvat Credit Rules, 2004

Posted by CA. Rajeev K. Sharma 08 January 2020 7875 Views

In the past, numerous show cause notices have been issued all over India by Service Tax Authorities to Restaurant Owners and Outdoor Caterers alleging non-rever...

Employer obligatory services eligible for GST ITC

Posted by Mahadev 08 January 2020 11776 Views

Effective from 1st February 2019, most of the changes proposed by CGST (Amendment) Act 2018 were given effect in CGST Act 2017. Important changes were, providin...

Credit Note accounted in the Audited annual financial statement but not in GST

Posted by CA Ruchika Tulsyan 08 January 2020 13138 Views

Credit Note accounted in the Audited annual financial statement but are not permitted under GST (5J of GSTR-9C) (+)

Discount given after supply has been made under GST

Posted by Priyanshi Desai 08 January 2020 8378 Views

Crux of this article � Action plan for drafting clause relating to post-supply discount in agreement entered into at or before the time of supplyIntroduct

Refund of unutilized input tax credit under GST under inverted duty structure

Posted by CA Gaurav K. Mittal 06 January 2020 34028 Views

Refund refers to an amount that is due or refundable to the payer from the tax administration or department. Like any other taxation law, under GST regime also,...