Category: GST
Recommendations of 45th GST Council Meeting. Decisions taken by GST Council The GST Council’s 45th meeting was held today in Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister. The GST Council has inter-alia made several recommendations relating to changes in GST rates on supply of …
Formula for Refund of ITC u/s 89(5) is not ultra vires. Supreme Court urges GST Council to reconsider formula and take a policy decision ABCAUS Case Law CitationABCAUS 3550 (2021) (09) SC Important case law relied referred:VKC Footsteps India Pvt. LtdTvl. Transtonnelstroy Afcons Joint Venture Section 54 of …
Clarification on extension of time limit to apply for revocation of cancellation of GST registration CBIC has issued Circular No. 158/14/2021-GST dated 06.09.2021 giving clarification on extension of time limit to apply for revocation of cancellation of GST registration in view of Notification No. 34/2021-Central Tax …
Extension of timelines for filing of application for revocation of cancellation of registration to 30.09.2021, where due date for filing such application falls between 01.03.2020 to 31.08.2021 where registration canceled under clause (b) or clause (c) of section 29(2) of the CGST Act. New Delhi, the 29th August, …
Extension of FORM GSTR-3B late fee Amnesty Scheme from 31.08.2021 upto 30.11.2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 33/2021 –Central Tax New Delhi, the 29th August, 2021 G.S.R.599(E).—In exercise of the powers conferred by section 128 of the Central Goods …
Central Goods and Services Tax (Seventh Amendment) Rules 2021. Extension of requirement of filing applications/replies with DSC/e-signature & relaxations from restriction on furnishing of information in PART A of FORM GST EWB-01 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 32/2021 –Central Tax …
HSN and GSTR-1 Filing errors and their resolution- GSTN Advisory In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers have to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from …
Implementation of Rule-59(6) on GST Portal from 01.09.2021 for blocking of furnishing of FORM GSTR-1 Rule-59(6) of CGST Rules, 2017 was inserted vide Notification No. 1/2021 dated 1st January 2021, provides for blocking of furnishing of FORM GSTR-1 and invoice facility if GSTR-3B not filed as under: (a) …
Module wise new functionalities deployed on the GST Portal for taxpayers Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are …
GSTN Advisory for Taxpayers regarding Blocking of E-Way Bill (EWB) generation facility resume after 15th August, 2021. Blocking of E-Way Bill (EWB) generation facility resume after 15th August, 2021 1. As you might be aware that the facility of blocking E way bill generation had been temporarily suspended …
