To partner your journey of GST learning in the areas of exports, imports, deemed exports, merchant exports, inverted duty structure (including refunds), A2Z Academy (through Mr. Bimal Jain, nationally renowned GST expert) is going live again from November 21, 2020.
The CBIC vide Notification No. 79/2020 notified CGST (Twelfth Amendment) Rules, 2020 amending CGST Rules, 2017 vide various following amendments have been made in GST Forms. Let us understand those.
Recovery of Transportation charges by employer from employees not taxable, ITC to extent of transportation cost borne eligible
The Gujarat High Court has given laudable Judgment in the case of Linde Engineering India Pvt. Ltd. & Ors. V Union of India holding that Indian Subsidiary Company providing Consulting Engineer Services to Foreign Parent Company is Export of Services
Important Dates for filing GSTR-3B and GSTR-1 for availing benefit of Interest & Late Fees
The FM announced changes in GST Rules due to the outbreak of COVID-19. Due dates to file GST Returns were extended and relaxation was given from late fees on late filing.
AAAR: Breakwater is not 'plant and machinery' but a 'civil structure', not eligible for ITC
Madras HC Rules Interest Liability Arises Only on Cash Remitted for Discharge of Tax Liability
Section wise Analyses of Union Budget 2020 containing changes under GST, Customs and Central Excise Duty
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.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools