Articles by Rohit Kumar Singh

Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19

Rohit Kumar Singh 24 March 2022 at 09:01

We bring to you a summary of the instruction along with indicative list of parameters for scrutiny (though the list is indicative and proper officer may include additional parameters).

Posted in GST | 1 comments | 8268 Views

GST Proposals in Union Budget 2022

Rohit Kumar Singh 02 February 2022 at 13:00

The Union Finance Minister while presenting the Union Budget 2022 on 1st of February 2022, made few important changes in the GST Laws

Posted in GST | 1 comments | 5364 Views

Interest Calculator introduced in GSTR 3B

Rohit Kumar Singh 17 January 2022 at 16:02

As a facilitation measure for taxpayers and for assisting the taxpayers in doing a correct self-assessment, a new functionality of interest calculator is being released in GSTR-3B.

Posted in GST | 2 comments | 8427 Views

Guidelines for recovery for self-assessed tax (GSTR 1 vs GSTR 3B)

Rohit Kumar Singh 11 January 2022 at 08:53

Central Government introduced amendment to Section 75 (12) of the CGST Rules, 2017 by inserting an explanation thereby paving way for recovery of self-assessed tax without having to resort to proceedings u/s 73 or Sec 74 of the Act.

Posted in GST | 1 comments | 8391 Views

Blocking of filing of GSTR 1 if GSTR 3B is pending

Rohit Kumar Singh 04 January 2022 at 12:07

GSTN portal has implemented Rule-59(6) of the CGST Rules, 2017 with immediate effect. As per Notification No. 35/2021 - Central Tax dated 24th September 2021, clause (a) of the sub-rule (6) of Rule 59 of CGST Rules, 2017 was amended.

Posted in GST | 1 comments | 4596 Views

Important changes in GST w.e.f 1st January 2022

Rohit Kumar Singh 04 January 2022 at 08:53

Central Government has brought into effect the provisions of Finance Act, 2021 effective from 1st January, 2022. In the Budget of 2021-22, changes in Finance Bill,2021 were proposed to make changes in CGST Act, 2017.

Posted in GST | 1 comments | 13755 Views

GST Update - Outcome of the 45th GST Council Meet

Rohit Kumar Singh 21 September 2021 at 09:57

Outcome of 45th GST Council Meeting held on 17th September 2021

Posted in GST | 1 comments | 3120 Views

Key Actionable Items for FY 2020-21 before September 2021 returns

Rohit Kumar Singh 31 August 2021 at 09:26

We have prepared various scenarios wherein taxpayers may have erred in furnishing details in returns for 2020-21 and methodology to rectify the same in GSTR 1 or GSTR 3B of September 2021 Returns.

Posted in GST | 1 comments | 10623 Views

Restriction in filing of GSTR 1 for non filing of GSTR 3B

Rohit Kumar Singh 30 August 2021 at 09:28

Rule-59(6) of CGST Rules, 2017, inserted vide Notification No. 1/2021, provides for restriction in the filing of GSTR-1 in certain cases. It is being made operational on the GST Portal from 1st September 2021.

Posted in GST | 837 Views

Blocking of E-Way Bill (EWB) generation facility to resume after 15th August 2021

Rohit Kumar Singh 06 August 2021 at 09:26

GSTN had issued an advisory that non filing of GST Returns may lead to blocking of the E-Way Bill facility. This was kept on hold due to the ongoing pandemic and the same is set to return from 15th August 2021.

Posted in GST | 1113 Views