Reverse charge mechanism

Assessee Can Claim Refund of Service Tax Paid Belatedly Under RCM After Implementation of GST: CESTAT [Read Order]

Assessee Can Claim Refund of Service Tax Paid Belatedly Under RCM After Implementation of GST: CESTAT [Read Order]

NSSL (P.) Ltd. vs Commissioner of Central Excise, CGST & CE, Nagpur Briefly stated, the facts of the case are that the appellant herein is engaged inter alia, in the manufacture of Industrial valves, spares parts of valve and components etc., falling under Chapter heading 84, 87 of the First Schedule to the CentralExcise Tariff Act, 1985. …

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gst update

GSTN Update- Ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d) 19/12/2020

The system has started providing auto-populated GSTR-3B on the basis of GSTR-1 & GSTR-2B from the tax period of November 2020 onwards. In this auto-populated GSTR-3B, liability on account of inward supplies attracting reverse charge auto-populated in Table-3.1(d) is also drawn from GSTR-2B of the taxpayer for the said tax period. The values in GSTR …

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Applicability of e-Invoicing under GST on Reverse Charge Mechanism

Applicability of e-Invoicing under GST on Reverse Charge Mechanism

Introduction e-Invoicing has implemented and is applicable to mostly B2B Invoices for large enterprises as of now. However, e-Invoicing & reporting of documents, is not limited to B2B invoices but is also applicable to documents like B2G Invoices, Export invoices, RCM Invoices, Credit Notes & Debit Notes. Soon e-Invoicing will also cover the reporting of …

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