Category Archives: GST

GST Audit Checklist

By | April 21, 2018

GST Audit Checklist we have compiled GST Audit Checklist Carry forward of Cenvat /VAT Credit : TRAN 1 Audit Checklist : Auditor should check :- Whether the person have filed TRANS-1 and the said form has carried forward all the accumulated credits appearing as closing balance in the service tax returns/Excise /VAT returns ? Registration Audit… Read More »

Bihar intra-state e-way Bill Notification w.e.f 20.04.2018

By | April 21, 2018

The 19th April 2018 S.O. 180 dated 19th April 2018— In exercise of the powers conferred by clause (d) of sub rule (14) of Rule 138 of Bihar Goods and Services Tax Rules, 2017 (hereinafter referred to as “said Rules”), the Commissioner, on the recommendation of the council, rescinds the Commercial Taxes Department notification No. S.O. 158,… Read More »

GST refund of inverted duty structure : Formula Changed : Rule 89(5) CGST

By | April 21, 2018

GST refund of inverted duty structure Rule 89 (5) of CGST Rules prescribe formula for refund on account of inverted duty structure, Old formula of GST refund on account of  inverted duty structure Application for refund of tax, interest, penalty, fees or any other amount Rule 89 (5) of CGST Rules : In the case of… Read More »

Default of Rs 41 Crore in GST Payments : Visakhapatnam Central GST Commissionerate

By | April 21, 2018

Visakhapatnam Central GST Commissionerate through a press note intimated that default of Rs.41 Crores in payment of GST and other taxes have been uncovered. The press note read: Visakhapatnam Central GST Commissionerate unearths Rs.41 Crores default in payment of GST and other taxes. Rs.18.09 Crores recovered. The Visakhapatnam Central GST Commissionerate, having jurisdiction over the Revenue districts of East Godavari, Visakhapatnam,… Read More »

GST Final Return : Format and Provisions

By | April 21, 2018

GST Final return Notification No. 21/2018 – Central Tax for GST Final Return. Central Board of Indirect Taxes and Customs on 18th April 2018 vide Notification No. 21/2018 – Central Tax notified the FORM GSTR-10 for furnishing Final return in GST. Who is required to furnish the Final return in GST? As per section 45, of THE CENTRAL GOODS AND SERVICES… Read More »

GSTR4 Offline Tool Version V2.2 : download

By | April 20, 2018

GSTR4 Offline Tool Version V2.2 Download ; Unzip and open the GSTR-4 Offline utility (excel macro) to prepare your GSTR-4 return in offline mode. Download  Your downloaded (GSTR4 Offline Tool) zip file contains: GSTR_4_Offline_Utility (Excel Macro) FAQs and User Manual Returns Offline Tool_GSTR4 Readme ReleaseNotes Important! Before you Unzip and open the GSTR-4 offline tool, ensure… Read More »

State Govt can not make rules for inter state movements under GST, UP TDF form not required : HC

By | April 20, 2018

HIGH COURT OF ALLAHABAD Satyendra Goods Transport Corp. v. State of U.P. PRASHANT KUMAR AND RAJAN ROY, JJ. MISC. BENCH NO. 5536 OF 2018 APRIL  13, 2018 Pradeeo Agrawal for the Petitioner. Dr. Deepti Tripathi, C.S.C., A.S.G. for the Respondent. ORDER   Rajan Roy, J. – Heard Sri Pradeep Agarwal, learned counsel for the petitioner, Sri Rahul Shukla, learned Addl. C.S.C. for… Read More »

10 Recent GST Judgments

By | April 20, 2018

GST Judgments 1 Goods detained under GST could be released on giving bank guarantee : HC HIGH COURT OF KERALA Beena Steel Corpn. v. Assistant Sales Tax Officer, Thrissur A.K. JAYASANKARAN NAMBIAR, J. W.P. (C) NO. 28277 OF 2017 (H) AUGUST  31, 2017 JUDGMENT   1. A consignment of GI Squares, that was being transported at… Read More »

Category: GST

New GST Books in April 2018

By | April 20, 2018

New GST Books in April 2018 Price Rs 1350 Click to buy online Click to View contents of this Book GST Ready Reckoner (6th Edition 2018) revised : VS Datey : April 2018 Book Price Rs 900 Click to buy online Click to view contents of Book Guide to the Goods and Services Tax: New Book 2018… Read More »

Category: GST

Maharashtra Intra state e way bill from 01.05.2018

By | April 19, 2018

Notification No. 15B/2018 -State Tax. No. JC(HQ)-1/GST/2018/Noti/1/E-way Bill/ADM-8. Dated 18 th April, 2018 In exercise of the powers conferred by clause (d) of sub-rule (14) of rule 138 of the Maharashtra Goods and Services Tax Rules, 2017, the Commissioner of State Tax, Maharashtra State, hereby makes the following amendments in the Notification No. JC(HQ)-1/GST/ 2018/Noti/1/E-way… Read More »

Goods detained under GST could be released on giving bank guarantee : HC

By | April 18, 2018

HIGH COURT OF KERALA Beena Steel Corpn. v. Assistant Sales Tax Officer, Thrissur A.K. JAYASANKARAN NAMBIAR, J. W.P. (C) NO. 28277 OF 2017 (H) AUGUST  31, 2017 JUDGMENT   1. A consignment of GI Squares, that was being transported at the instance of the petitioner, was detained by the respondents. Ext.P3 is the detention notice issued… Read More »

No GST if Goods supplied from one Country to another country : AAR

By | April 18, 2018

AUTHORITY FOR ADVANCE RULINGS KERALA Synthite Industries Ltd., In re SENTHIL NATHAN S. AND N. THULASEEDHARAN PILLAI, MEMBER ORDER NO. CT/2275/18-3 MARCH  26, 2018 ORDER   1. M/s Synthite Industries Ltd, Synthite Valley, Kadayiruppu P 0, Kolenchery, Ernakulam District, Kerala – 682311 (hereinafter called the applicant) is a registered person under GST having GSTN: 32AADCS5616E1ZQ. 2. They are in the… Read More »

Notification No 21/2018  Central Tax : CGST Fourth Amendment Rules 2018

By | April 18, 2018

Notification No 21/2018  Central Tax Notification seeks to make amendments (Fourth Amendment) to the CGST Rules, 2017 vide Notification No 21/2018  Central Tax Dated 18th April  2018 [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect… Read More »

Pay GST on Recovery of Food expenses from Employee for Canteen : AAR

By | April 18, 2018

AUTHORITY FOR ADVANCE RULING – KERALA Tax Tower, Killippalam, Karamana P. 0, Thiruyananthapuram – 695 002 e-mail id: aar.gst@’kerala.gov.jn PROCEEDINGS OF THE AUTHORITY FOR ADVANCE RULING U/s.98 OF THE GOODS AND SERVICES TAX ACT, 2017. Members present are: 1. Senthil Nathan 5, IRS Joint Commissioner, Office of the Commissioner of Central Tax Et Cents! Excise,… Read More »

GST Ready Reckoner (6th Edition 2018) revised : VS Datey : April 2018 Book

By | April 18, 2018

GST Ready Reckoner (6th Edition 2018) Revised and reprint with Amended upto 03.04.2018 Description Incorporating: Charge of Tax Composition Scheme Exemptions Place and Time of Supply of Goods and Services Valuation of Supply Input Tax Credit Registration under GST Tax Invoice,Credit and Debit Notes Transitional Provisions GST Returns Job Work Reverse Charge Taxability of e-Commerce/TDS… Read More »

Tripura Intra State E way Bill from 20.04.2018 from GST Eway bill portal

By | April 17, 2018

Tripura Intra State E way Bill GST Intra-stateE-Waybill will be required from 20.04.2018 for any intra –state movement of taxable goods having value more than Rs 50,000/- and where the place of delivery is beyond 50 kmsfrom place of supply. Intra-stateE-Waybill is required to be generated from the e-way bill portal i.e www.ewaybillgst.gov.in . You… Read More »

Composition Dealer not required to fill Sr. No 4A of Table 4 of GSTR-4

By | April 17, 2018

Ministry of Finance Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4 Posted On: 17 APR 2018 3:07PM by PIB Delhi Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In particular, there is a doubt with respect to the instruction… Read More »

GST applicable on Overseas Education Advisory to students in India : AAR

By | April 17, 2018

In re Global Reach Education Services Pvt Ltd (Advance Rulings)  Case Number 05 of 2018 Date of Judgement/Order : 21/04/2018 In re Global Reach Education Services Pvt Ltd (Advance Rulings) 1. The Applicant states that it provides Overseas Education Advisory whereby it promotes the courses of foreign universities among prospective students and wants a ruling… Read More »

Guide to the Goods and Services Tax: New Book 2018 by CA Farooq Haque

By | April 15, 2018

Guide to the Goods and Services Tax: Providing Guidance on the Goods and Services Tax by Ca Farooq Haque (Author) Guide to the “Goods and Service Tax” provides the reader with an in-depth understanding of the CGST and IGST laws, regulations, circulars, notifications, etc., through comprehensive examples and illustrations. The interpretations given in this book are based… Read More »

Compendium of Judicial Pronouncements (Relevant under GST Regime) Book 2018

By | April 15, 2018

Compendium of Judicial Pronouncements (Relevant under GST Regime) Paperback – 2018 by Sanjiv Agarwal (Author) Price Rs 1559 Click to buy online Published: 08-02-2018 Format: Paperback Edition: 1st About Compendium of Judicial Pronouncements (Relevant under GST) About the Book A comprehensive digest of judicial pronouncements on indirect taxes relevant to Goods and Services Tax (GST) covering important and landmark… Read More »

Practitioner’s Guide on Input Tax Credit under GST : Book 2018 by Boomsbury India

By | April 15, 2018

A Practitioner’s Guide on Input Tax Credit under GST by Alok Pareek  Price Rs 655 Click to buy online Published: 26-02-2018 Format: Paperback Edition: 1st Extent: 236 About Practitioner’s Guide to Input Tax Credit under GST ABOUT THE BOOK This book decodes the provisions on ITC under the GST law by providing a comprehensive analysis of sections… Read More »

Guide to GST on Services (HSN Code wise taxability of all services) 2018 Book : Bloomsbury India

By | April 15, 2018

Guide to GST on Services (HSN Code wise taxability of all services) by Rakesh Garg (Author), Sandeep Garg  Price Rs 1999 Click to buy online Published: 27-03-2018 Format: Paperback Edition: 1st Extent: 1416 ISBN: 9789387146204 Imprint: Bloomsbury India Dimensions: 244 x 172 mm About Guide to GST on Services (HSN Code wise taxability of all services) About the book… Read More »

ICAI GST E-Newsletter –March 2018

By | April 14, 2018

Dear Professional Colleagues  Greetings from Indirect Taxes Committee!  We are glad to inform you that Indirect Taxes Committee of ICAI has come up with the fifteenth edition of GST E-Newsletter on GSTand with this, we have completed one year of this publication.The comprehensive publication contains latest GST updates, relevant articles on important issues under GST, initiatives… Read More »

Free Book : Compliances of Service Tax/ GST in Banking Sector

By | April 14, 2018

Dear Professional Colleagues, Banking and other Financial Services were brought under the scope of Service Tax net from 16.07.2001. During the financial year 2017-18 the provisions of service tax applied till June 2017 and thereafter for 9 months provisions for GST law has been made applicable since July, 2017.Post GST regime the services provided by… Read More »

Circular No 43/17/2018 GST : Processing of refund applications for UIN agencies

By | April 13, 2018

Circular No 43/17/2018 GST clarifying the issues arising in refund to UIN vide Circular No 43/17/2018 GST dated 13th April, 2018 F. No. 349/48/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 13th April, 2018 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/… Read More »

Circular No 42/16/2018 GST : CBIC clarify recovery of arrears under existing law & reversal of inadmissible input tax credit

By | April 13, 2018

Circular No 42/16/2018 GST clarifying the procedure for recovery of arrears under the existing law and reversal of inadmissible input tax credit vide Circular No 42/16/2018 GST Dated 13th April, 2018 CBEC-20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 13th April,… Read More »

Circular No 41/15/2018 GST : CBIC clarify interception of conveyances for inspection of goods in movement

By | April 13, 2018

Circular No 41/15/2018 GST clarifying the procedure for interception of conveyances for inspection of goods in movement, and detention, release and confiscation of such goods and conveyances. vide Circular No 41/15/2018 GST dated New Delhi, Dated the 13th April, 2018 CBEC-20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs… Read More »

Free Book on E-way bill under GST : Download

By | April 13, 2018

Dear Professional Colleague, ICAI have been continuously undertaking various initiatives to support the Governmentas well as the stakeholders for smooth implementation of GST, among which one of the initiative is knowledge dissemination. Indirect Taxes Committee of ICAI, has recently revised the publication on “ E- publication on E-way bill under GST” [ Click here ]  for the… Read More »

GST rate 18% for rubber trees or rubber wood : AAR

By | April 13, 2018

AUTHORITY FOR ADVANCE RULINGS KERALA N.C. Varghese, In Re SENTHIL NATHAN S. AND N. THULASEEDHARAN PILLAI, MEMBER ORDER NO. CT/3270/18-C3 MARCH  26, 2018 ORDER   1. Sri.N.C. Varghese, Thrissur, a small scale contractor (hereinafter called the applicant), has preferred an application for Advance Ruling on the rate of tax of standing rubber trees. The applicant is engaged in the… Read More »

Register on E way bill Portal even if already registered on GST Portal

By | April 13, 2018

E-WAY BILL REGISTRATION I HAVE REGISTERED IN GST PORTAL. WHETHER I NEED TO REGISTER AGAIN ON THE E-WAY PORTAL? Yes. All the registered persons under GST need to register on: www.ewaybillgst.gov.in using GSTIN. GSTIN is entered, the system sends an OTP to registered mobile number, registered with GST Portal. After authentication, the system generates username and After… Read More »