Tag: ITC CREDIT
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 …
Extraordinary high transitional credit claim of CGST under scanner. Taxpayers advised to revise Form TRAN-1 by 27-12-2017 for wrongly claimed ITC. Press Information Bureau Government of India Ministry of Finance 12-December-2017 15:41 IST Filing of Form TRAN-I to avail Input Tax Credit Transition to GST provided for trust …
Exporters advised to file Table 6A and GSTR 3B for processing of IGST and unutilised ITC Refund Press Information Bureau Government of India Ministry of Finance 29-November-2017 12:07 IST Exporters advised to file Table 6A and GSTR 3B for processing of IGST Refund and for Refund of the …
Refund of unutilized ITC of GST paid on inputs for fabric export-clarification Circular No. 18/18 /2017-GST F. No. 354/320/2017-TRU -Pt.1 Government of India Ministry of finance Department of Revenue Tax research Unit **** North Block, New Delhi 16th November 2017 The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioner of …
GSTR-2 ITC Credit-Look at count and amount of ITC at invoices uploaded from suppliers. Difference between GSTR-2A & GSTR-2 can be for this reason Invoices under GSTR-2 will start showing up on summary screen as well as inside GSTR-2 only after an action is taken on the invoice …
GST Form ITC-01 due date extension to 30th Nov-2017 for making declaration to avail input tax credi Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 52/2017 – Central Tax New Delhi, the 28th October, 2017 G.S.R. …..(E). In pursuance …
ITC under DVAT can not be denied to a bona fide purchaser who enters into a purchase with a registered selling dealer who issued a tax invoice reflecting TIN number-High Court ABCAUS Case Law Citation:ABCAUS 2107 (2017) (10) HC The Challenge/Grievance:A bunch of writ petitions had been filed …
