Tag: ITC CREDIT
Question of ITC in Building Construction Material such as Angle, Cement, H.R. Sheets, Channel, Cylinder etc. under UPVAT – High Court admits Petition ABCAUS Case Law Citation:ABCAUS 2788 (2019) (02) HC The respondent company had claimed Input Tax Credit (I.T.C.) in regard to the Building Construction Material such …
DGGI arrested Managing Director of a company in fake invoices racket for availed input tax credit (ITC) with tax evasion of the tune of 22.79 Crores The officers of the Visakhapatnam Zonal Unit of the Directorate General of GST Intelligence (DGGI) has arrested the managing Director of a …
Guidelines regarding circumstances in which Input Tax Credit has to be blocked /unblocked from Electronic credit ledger On the subject captioned above, it is intimated that GSTN has recently released API for application of the functionality for blocking and unblocking of Input Tax Credit by the statutory authorities …
GST CLarification-Casual taxable person and recovery of excess ITC istributed by an Input Service distributor – FAQ Circular No. 71/45/2018-GST F. No. 349/94/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 26th October, …
Extension of due date for GSTR-3B return to 25.10.2018 for Sep 2018 month. Last date for availing ITC for Jul 2017 to Mar 2018 also extended to 25.10.2018 21 OCT 2018 Press Release by Ministry of Finance Extension of due date to 25th October, 2018 for furnishing return …
Last date to avail Input Tax Credit in respect of invoices or Debit Notes relating to such invoices pertaining to period from July, 2017 to March, 2018 – Clarification by Finance Ministry There appears to be misgiving about the last date for taking Input Tax Credit (ITC) in …
Minimum documents/information required to avail input tax credit by registered person. CGST (Eighth Amendment) Rules 2018 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 39/2018 – Central Tax New Delhi, the 4th September, 2018 G.S.R……(E).- In exercise of the …
FAQs – Receiving Intimation of ITC Blocked by Tax Official 1. I have received an email message as well as a SMS stating – “Please visit your Credit Ledger to see the amount of credit blocked for utilization by the jurisdictional tax officer.” What does this message indicate? …
Extension of time limit for filing Form GST ITC-01 becoming eligible during the months of July to Nov 2017 to avail ITC credit till 31-01-2018. Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 67/2017 – Central Tax New Delhi, …
Last date for filing Form TRAN-1 to avail ITC is 27-12-2017. Incorrect claims to attract audit and enforcement action against identified units-CBEC Advisory Attention: Taxpayers Last date for filing Form TRAN-1 to avail Input Tax Credit is 27th December, 2017 Don’t wait for the last date, file now …
