Articles by Bimal Jain

HC: Directs revenue to allow the petitioner to file GST TRAN-1

Bimal Jain 16 December 2019 at 10:11

The Hon'ble HC, Calcutta in the matter of Mrinal Ghosh v. Union of India & Others [W.P. No. 9821 (W) of 2018 decided on November 21, 2019] directed the Revenue to allow the Petitioner to file GST TRAN-1 to enable him to obtain credit accrued in his favour prior to the transition.

Madras HC allows credit transition of cesses viz. EC, SHEC and KKC into GST

Bimal Jain 18 November 2019 at 11:04

The Hon'ble HC, Madras in the matter of M/s Sutherland Global Services Private Limited v. Assistant Commissioner CGST and Central Excise, has allowed the writ petition challenging the denial of transitional credit of Education Cess ("EC"), Secondary and Higher Education Cess ("SHEC") and Krishi Kalyan Cess ("KKC") into GST regime through the TRAN-1 declaration.

Supply of repair services along with spare parts/ accessories is taxable at separate rates of GST: AAR

Bimal Jain 09 November 2019 at 13:27

Supply of repair services along with spare parts/ accessories is taxable at separate rates of GST: AAR

GST not payable on volume discount where no GST adjustment is made: AAR

Bimal Jain 04 November 2019 at 10:55

Synopsis: The Hon'ble AAR, Karnataka in the case of M/s Kwality Mobikes (P) Ltd. inAdvance Ruling No. KAR ADRG 7/2019 decided on September 24, 2019 has held tha..

GST Compliance calendar for the month of Nov 2019

Bimal Jain 01 November 2019 at 13:54

Compliance Calendar for the month of November 2019

Seats for railway coaches taxable @18% GST: AAR

Bimal Jain 31 October 2019 at 10:50

The Hon'ble AAR, Punjab in the matter of M/s. Sutlej Coach Products Pvt Ltd. held that 'Seats for Railway Coaches' supplied to Rail Coach Factory falls under Heading 9401, liable to GST at 18%, and cannot be classified at 5% under HSN 8607 as parts of Railway.

ITC credit limited to 20% if not reflected in GSTR 2A says new notification

Bimal Jain 11 October 2019 at 10:16

Capping of 20% ITC w.r.t invoices/debit-notes not uploaded by supplier in GSTR-1

GSTR-3B is now a return u/s 39: Retrospective amendment from 1st July 2017

Bimal Jain 10 October 2019 at 15:28

One of the important amendments is made in Rule 61(5) of the CGST Rules which deals with the "Form and manner of submission of monthly return" and states that where the time limit for furnishing FORM GSTR-1 and FORM GSTR-2 has been extended, then the Commissioner may, by notification, specify the manner and conditions subject to which the return shall be furnished in FORM GSTR- 3B.

Tax Relief curtailed for amount in arrears in SVLDRS - Circular issued adding ambiguity

Bimal Jain 09 October 2019 at 10:48

The Government announced the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 ("SVLDRS, 2019" or "the Scheme") as a part of the recent Union Budget on..