Tag: <span>GST</span>

GST

Big relief to businessmen! Now CA audit is not required for GST returns, you will be able to self-certify

TaxtimesAugust 2, 2021August 2, 2021

Goods and Services Tax (GST) taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return. Now Goods and Services Tax taxpayers with...

GSTN

GST Update: How to add bank account in GST registration details

TaxtimesJuly 30, 2021July 30, 2021

Functionality to check and update bank account details A functionality to check status of bank account details update for the taxpayers who have taken new registration at GST Portal but...

GST

Where writ petition filed on ground that sections 65(30a), 65(105)(zzq), 66 and 67 of Chapter V of Finance Act, 1994 is not entertainable on the ground that the writ petitioners/Associations cannot be construed as aggrieved person

CA Rajender AroraJuly 25, 2021July 25, 2021

(HIGH COURT OF MADRAS - ONGC Civil Contractors Association Nagapattinam v. Union of India) (24-06-2021) ONGC Civil Contractors Association filed a writ petition on ground that sections 65(30a), 65(105)(zzq), 66...

GST

Negative Liability in GSTR-4

CS LALIT RAJPUTJuly 24, 2021July 24, 2021

q Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4 Instances have come to notice where taxpayers are reporting negative liability appearing in their GSTR-4Background: Since FY 2019-20, composition...

GSTN PORTAL

Tracking Refund status on GST Portal

CA Rajender AroraJuly 23, 2021July 23, 2021

Generation of ARN: - ARN is Application Reference Number. Once the application of refund is submitted successfully, ARN is generated. Refund Status is tracked by ARN.How to check the status...

GST

Instructions by CBIC on Payment of GST by real estate promoter /developer supplying construction of residential apartment etc, on the shortfall value of inward supplies from registered supplier at the end of the Financial Year

BhavneetJuly 22, 2021July 23, 2021

A revised GST rate has been prescribed, w.e.f. the 1st April, 2019 on the supply of service by way of construction of residential apartment. Under this, construction of affordable residential...

GST TC VIP Content

GST Important Advisory: Filing of Annual returns by composition taxpayers – Negative Liability in GSTR-4

taxconceptJuly 22, 2021July 22, 2021

Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4 Instances have come to notice where taxpayers are reporting negative liability appearing in their GSTR-4Background: Since FY 2019-20, composition taxpayers...

GSTN PORTAL

Webinars on recent functionalities of GST Portal

BhavneetJuly 22, 2021

GSTN has recently implemented certain new functionalities on the GST Portal related to Registration, Returns, Ledgers and Refunds. For creating awareness amongst all the stakeholders, GSTN is holding webinar in...

GST

Do you know how to change bank account details on the GST Portal?

taxconceptJuly 21, 2021July 21, 2021

Do you know how to change bank account details on the GST Portal? Login to the GST PortalGo to "Services"Click on the tab 'Amendment of Registration Non-Core Fields'Select tab 'Bank...

GST

GST on Housing Societies

taxconceptJuly 19, 2021July 19, 2021

GOODS AND SERVICES TAX GST on Housing Societies Directorate General of Taxpayer ServicesCENTRAL BOARD OF INDIRECT TAXES & CUSTOMS [pdfjs-viewer viewer_width=0 viewer_height=800 url=https://taxconcept.net/wp-content/uploads/2021/07/GST_ON_Co-operative_housing_Societies0509.pdf download=true print=true fullscreen=true fullscreen_target=true fullscreen_text="on" zoom=0 search_term=""...

ICAI

Relaxations from Regulatory Compliances due to Outbreak of COVID-19 pandemic-Part II by CL&CGC ICAI

taxconceptJuly 19, 2021July 19, 2021

[embeddoc url="https://taxconcept.net/wp-content/uploads/2021/07/65529clcgc52858.pdf" download="all"]

GST judgement

Update- GST on Gold

gmJuly 19, 2021July 19, 2021

Goods and Services Tax (GST) will have to be paid only for profit on resale of old or second hand gold jewellery. This arrangement has been given by the Authority...

GST TC VIP Content

Important GST Weekly Update

VIPUL KHANDHARJuly 19, 2021July 19, 2021

GSTN portal has recently added an option to pre-fill an application form for the tax refund of the tax filed for the taxpayers: The portal has included the columns for the information...

GST

GST on Govt. Tenders – Maharashtra AAR

CS LALIT RAJPUTJuly 17, 2021July 17, 2021

GST on Govt. Tenders – Maharashtra AAR Government tenders to attract GST, deemed a service Maharashtra Authority for Advance Ruling (AAR): any tendering should attract GST on the processing fee...

GST

Ministry of Finance has released ₹75,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu of GST Compensation

PIBJuly 16, 2021July 16, 2021

Ministry of Finance has released today ₹75,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu of GST Compensation. This release is in addition to...

GST

Quarterly GST Updates- April 2021 to June 2021 (Including Covid-19 relaxations / updates)

CS LALIT RAJPUTJuly 14, 2021July 14, 2021

Quarterly GSTUpdates (April 2021 – June 2021) Including Covid-19 relaxations / updates Goods and Services Tax is an indirect tax used in India on the supply of goods and services....

GST

Communicate with your supplier and track unreported invoices

taxconceptJuly 14, 2021July 14, 2021

Communicate with your supplier and track unreported invoices. TRACK UNREPORTED INVOICES FOR ITC "Communication Between Taxpayers" facility Taxpayers can communicate with supplierUpload details of missing invoicesDetails get reflected in supplier's...

MCA/ROC TC VIP Content

MCA / ROC Updates / Circulars- Quarterly E-Newsletter [April 2021 – June 2021]

CS LALIT RAJPUTJuly 13, 2021July 13, 2021

MCA / ROC Updates / Circulars Quarterly E-Newsletter April 2021 – June 2021 (Including Covid-19 News) [embeddoc url="https://taxconcept.net/wp-content/uploads/2021/07/MCA-Quarterly-Updates-_-April-to-June-2021_-CS-Lalit-Rajput.pdf" download="all"] अपने पसंद की भाषा में नोटिफिकेशन/सर्कुलर पढ़े।CLICK HERE TO DOWNLOAD APP

GST

About 8000 cases involving fake ITC of over Rs. 35000 crore in FY 2020-21booked by CGST Zones and Directorate General of GST Intelligence

CS SURBHI SAXENAJuly 13, 2021

Misuse of the beneficial provision of Input Tax Credit (ITC) under GST regime is the most common modus of evasion under the GST Law. The field formations of the Central...

GST

Gross GST revenue collection in June’ 2021 is of ₹ 92,849 crore

CS SURBHI SAXENAJuly 6, 2021

The gross GST revenue collected in the month of June’ 2021 is₹92,849 crore of which CGST is ₹16,424 crore, SGST is ₹20,397, IGST is ₹49,079 crore (including ₹25,762 crore collected...

GST

Small Taxpayers- Quarterly Return Filing and Monthly Payment of Taxes (QRMP) Scheme

GOURAV MahiwalJuly 3, 2021July 3, 2021

Returns to be filed reduced from 24 to just 8 in a year for small taxpayers (turnover upto 5 Cr). Opt-in for QRMP Scheme for compliance - once in a...

GST INCOME TAX MCA/ROC RBI TC VIP Content

Weekly Taxation Newsletter _ Vol. 37

CS LALIT RAJPUTJune 28, 2021June 28, 2021

We thought it would help to give you a sense of what's available to you by subscribing to this 37 Weekly Taxation Newsletter. · Income Tax Updates· GST Updates· Custom/Excise Updates· ...

GST

GST Webinars on recent functionalities related to Refunds deployed on GST Portal

taxconceptJune 22, 2021June 27, 2021

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...

judgement TC VIP Content

Ruling by AAR Gujarat on Grinding of Plastic Material [Read Judgement]

Dhanraj SharmaJune 19, 2021June 19, 2021

Case: Manishbhai Champakbhai Mehta. Dated: 30.07.2020 Query: What is the HSN code of grinding of plastic material and what is the tax rate of said goods? Ruling by AAR: HSN...

GST

Total 7 clarifications issued in GST: Dated the 17th June, 2021

CA Jayprakash PandeyJune 18, 2021June 18, 2021

List of SEVEN GST Circulars issued providing clarity on the following issues: Sr No Circular No. SubjectLink1Circular No. 149/05/2021-GSTClarification regarding applicability of GST on supply of food in Anganwadis and Schoolshttps://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_149.pdf;jsessionid=1F334EF88A4D4E5E89D2F201081BF5FD2Circular No.150/06/2021-GSTClarification...

GST

GSTN is Organising Webinar on Recent Functionalities Related to Refunds Deployed on GST Portal

Dhanraj SharmaJune 18, 2021June 18, 2021

GST

DID YOU KNOW ALL ABOUT E-WAY BILL CONCEPT AND RELATED PROVISION UNDER GST?

CA Jayprakash PandeyJune 16, 2021June 17, 2021

Why E way bill is required? What is an E Way Bill? When should E-Way bill be generated? What If supply is Intrastate? Who has to generate E-Way Bill? Does...

TC VIP Content

Special Webinar on Recent Issues and Developments in GST

Dhanraj SharmaJune 16, 2021June 16, 2021

Tax Bar Association, Jodhpur is inviting you to a scheduled Zoom meeting. Topic: GST- Recent Issues And Developments (01.01.2021 to 15.06.2021) Time: Jun 16, 2021 05:00 PM Speaker: CA Rajesh...

GST

44th GST Council Meeting Updates & Decision as per Press Briefing By Union Finance Minister

taxconceptJune 12, 2021June 12, 2021

Finance Minister Nirmala Sitharaman chaired the 44th meeting of the GST Council through video conferencing. giving information about the decisions taken in this- GST on electric furnaces and temperature checking...

Tag: GST