GST Practitioners : [Video Tutorials ]

By | November 22, 2018

Share this on WhatsApp Goods and Service Tax Practitioners [Video Tutorials ] Audit by Tax Authorities under GST : Video Tutorial by CA Satbir Singh Join and Watch Free GST Course by CA Satbir Singh Related Post Free GST Online Course [ Videos ] by CA Satbir Singh Share this on WhatsApp

GST Audit Limit

By | November 22, 2018

Share this on WhatsAppGST Audit Limit Q : Whether GST Audit is required for Turnover Exceeding One crore or Two crores under GST Act? GST Audit Limit :  Every registered person whose aggregate turnover during a financial year exceeds two crore rupees he has to get his account audited under GST as per Section 35 of CGST Act 2017… Read More »

How to reply notice for mismatch in GST RETURN ?

By | November 22, 2018

Share this on WhatsAppNotice for mismatch in GST RETURN GST officers have started issuing notice for mismatch in GST returns and discrepancy in GST returns Mismatch in GST RETURN Taxable persons  would have started getting notices from GST department officer seeking explanation for the discrepancies observed in GST returns after making scrutiny of returns. Normally… Read More »

Auditor Responsibility for GST Audit

By | November 22, 2018

Share this on WhatsAppWhat is the Responsibility of Auditor under GST ? Section 2(13) of CGST Act 2017 : “audit” means the examination of records, returns and other documents maintained or furnished by the registered person under this Act or the rules made thereunder or under any other law for the time being in force to… Read More »

Father’s name Not mandatory in PAN Application : CBDT Notification No 82/2018

By | November 21, 2018

Share this on WhatsApp  Father’s name non-mandatory in PAN application form; CBDT issues final notification The CBDT has issued final notification proposing amendments in Rule 14 of Income-tax Rules, 1962 and PAN application Forms, i.e., 49A & 49AA. Now, the Father’s name shall not be mandatory in PAN application forms where mother is single parent.… Read More »

Guidelines for GST Practitioner Exam under Rule 83A(9) issued by NACIN, Faridabad

By | November 21, 2018

Share this on WhatsAppGuidelines for GST Practitioner Exam under Rule 83A(9) issued by NACIN, Faridabad Examination for confirmation of enrolment of GST Practitioners GUIDELINES FOR THE CANDIDATES (Please refer sub-rule (9) of rule 83A of the Central Goods and Services Tax Rules, 2017) [Refer Also GST Practitioners Exam Postponed to 17.12.2018 ] A. Guidelines for filling up… Read More »

Pay GST on ancillary services relating to lease of Industrial Plots : AAR

By | November 21, 2018

Share this on WhatsAppAPPELLATE AUTHORITY FOR ADVANCE RULING, CHANDIGARH Punjab Small Industries & Export Corporation Ltd., In re KUMAR GAURAV DHAWAN AND RAKESH KUMAR POPLI, MEMBER ADVANCE RULING NO. CT/01/AR/CHD./2018/8042 NOVEMBER  8, 2018 RULING   1. Present application has been filed u/s 97 of the Central Goods & Services Tax Act, 2017 & similar provisions under Union Territory Goods… Read More »

How to calculate Turnover for GST Audit

By | November 21, 2018

Share this on WhatsAppHow to take Turnover for GST Audit Video Tutorial by CA Satbir Singh in Hindi Turnover of my business from 01.04.2017 to 30.06.201 7 is Rs 30 Lakh and from 01.07.2017 to 31.03.2018 Rs 1 core 80 Lakh . Am I liable for GST Audit ? As per Section 35(5) of CGST… Read More »

ICAI online Survey on “State of the Internal Audit Profession in India”

By | November 21, 2018

Share this on WhatsAppSurvey on the “State of the Internal Audit Profession in India” by Internal Audit Standards Board, ICAI – Seeking Member’s Inputs – (20-11-2018) SURVEY ON THE STATE OF THE INTERNAL AUDIT PROFESSION IN INDIA BY INTERNAL AUDIT STANDARDS BOARD, ICAI Dear Member, Internal Audit Standards Board (IASB) of The Institute of Chartered… Read More »

5 Key Points about GST Recovery process

By | November 20, 2018

Share this on WhatsApp5 Key Points about GST Recovery Process Key Point -1 The proper officer shall initiate recovery proceedings if GST demand is not paid by the taxable person within a period of 3 months from the date of service of the order. This period can be reduced by the proper officer. Key Point… Read More »

ISA AT December 2018 Application Form by ICAI : Download

By | November 20, 2018

Share this on WhatsAppAPPLICATION FORM THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Information Systems Audit Course Assessment Test, December, 2018 (Timings of Examination : From 9.00 A.M. to 1.00 P.M. (IST) (Please fill in the form carefully as per instructions enclosed.) Download ISA AT December 2018 Application Form :Click here Share this on WhatsApp

GST Practitioners Exam Postponed to 17.12.2018

By | November 20, 2018

Share this on WhatsAppMinistry of Finance Examination for Confirmation of Enrollment of GST Practitioners Postponed to 17.12.2018 Posted On: 19 NOV 2018 Reference is invited to Press Release dated 1.11.2018 regarding exam for GST Practitioners scheduled on 7.12.2018. On account of Assembly Elections in some of the states on 7.12.2018, the date of the examination… Read More »

Amendment to Chartered Accountants (procedure of investigations of Professional and other misconduct of Cases) Rules, 2006

By | November 20, 2018

Share this on WhatsAppAmendment to the Chartered Accountants (procedure of investigations of Professional and other misconduct of Cases) Rules, 2006 – (19-11-2018) MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 29th October, 2018 (v.4.R. 1072(E).-In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 20A read with sub-section (4)… Read More »

When you Can not Claim ITC under GST

By | November 20, 2018

Share this on WhatsAppWhen a person Can not Claim ITC under GST Here is the list of cases under which you can not claim Input Tax Credit under GST 1 Person not registered : If a person is not registered under GST , he can not claim Input Tax Credit. Eligibility and conditions for taking… Read More »

Hosting of Draft Bank Branch Auditors’ Panel for the year 2018-19

By | November 20, 2018

Share this on WhatsAppHosting of Draft Bank Branch Auditors’ Panel for the year 2018-19 The Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2018-19 has been hosted at www.meficai.org for indicating the category of the applicants of Multipurpose Empanelment Form for the year 2018-19. The applicants would be able to view the reasons, (wherever… Read More »

How to Claim Prepaid expenses ITC under GST

By | November 20, 2018

Share this on WhatsAppHow to Claim Prepaid expenses ITC under GST Q:  Insurance premium paid annually Rs 12000. 9 month falls in 2017-18 and 3 month falls in 2018-19. Thus 3 month insurance pre-paid. we have availed full ITC in tax invoice in 2017-18 year.Do we have to reverse ITC for 3 months treating as service not… Read More »

New GST News 19.11.2018

By | November 19, 2018

Share this on WhatsAppNew GST News 19.11.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Free GST Online Course [ Videos ] by CA Satbir Singh Pay GST on receipt of penal charges for delayed EMI Payment : AAR GST Dues recovery process (part 5) : Video Tutorial GST dues… Read More »

Pay IGST on sale of lottery tickets of Mizoram by distributor in Maharashtra : AAR

By | November 19, 2018

Share this on WhatsAppWhere applicant is acting as distributor or marketing agents of lottery schemes organized by State Government of Mizoram (organizing state) and procures online tickets from organizing state for distribution across Maharashtra and tickets are sold through a chain of dealers /sales terminals of applicant spread across Maharashtra. Supplier of lottery is State… Read More »

Pay GST on Sale and Purchase of Duty Free Import Authorization (DFIA) licences : AAR

By | November 19, 2018

Share this on WhatsAppDuty Free Import Authorization (DFIA) licences, issued to allow duty free import of inputs that go into manufacture of products that are exported, is covered under HSN code 4907 and shall attract applicable GST. DFIA cannot be considered as ‘Duty Credit scrip’ as envisaged under Sr. No. 122A of Notification No. 1/2017-Central… Read More »

How Input Tax Credit is to be blocked/unblocked from Electronic credit ledger

By | November 19, 2018

Share this on WhatsAppInput Tax Credit blocking from Electronic credit ledger Video tutorial by CA Satbir Singh From, Excise & Taxation Commissioner, Haryana To, All Dy. Excise & Taxation Commissioners, In the State of Haryana Memo No. 3555 /GST-2, Panchkula, dated the 30.10.2018 Subject: – Guidelines regarding circumstances in which Input Tax Credit has to be… Read More »

Who can do GST Audit?

By | November 19, 2018

Share this on WhatsAppWho can do GST Audit?  Video Tutorial on Who can do GST Audit Section 35 (5) of CGST Act 2017 Every registered person whose turnover during a financial year exceeds the prescribed limit shall get his accounts audited by a chartered accountant or a cost accountant and shall submit a copy of… Read More »

GST Dues recovery process (part 5) : Video Tutorial

By | November 18, 2018

Share this on WhatsApp GST Dues recovery process (part 5) Join and Watch Free GST Course by CA Satbir Singh GST Dues recovery Process (Part-1) : Video Tutorials GST dues recovery process (part-2) [Video Tutorial] GST Dues Recovery Process (part-3) Video Tutorials GST dues recovery process (part-4) -Video Tutorials   Related Post Free GST Online… Read More »

ICAI GST E-Newsletter September 2018

By | November 18, 2018

Share this on WhatsAppDear Professional Colleagues Greetings from Indirect Taxes Committee! We are glad to inform you that Indirect Taxes Committee of ICAI has come up with the Twenty first edition of E-Newsletter on GST Click here. This Newsletter is a compilation of latest updates on GST and Customs, relevant articles on important issues under GST, forthcoming… Read More »

GST dues recovery process (part-4) -Video Tutorials

By | November 18, 2018

Share this on WhatsAppGST dues recovery process (part-4) -Video Tutorials Join and Watch Free GST Course by CA Satbir Singh GST Dues recovery Process (Part-1) : Video Tutorials GST dues recovery process (part-2) [Video Tutorial] GST Dues Recovery Process (part-3) Video Tutorials GST dues recovery process (part-4) -Video Tutorials Related Post Free GST Online Course… Read More »

GST Dues Recovery Process (part-3) Video Tutorials

By | November 17, 2018

Share this on WhatsAppGST Dues Recovery Process (part-3) Video Tutorial by CA Satbir Singh  . Join and Watch Free GST Course by CA Satbir Singh GST Dues recovery Process (Part-1) : Video Tutorials GST dues recovery process (part-2) [Video Tutorial] Related Post Free GST Online Course [ Videos ] by CA Satbir Singh   How… Read More »

Key Problems in GST Audit

By | November 17, 2018

Share this on WhatsAppKEY PROBLEMS & ISSUE WHILE CARRRING OUT GST AUDIT Also Refer GST Audit : Free Reference Material Major problem faced while carrying out GST audit for the financial year 2017-18 HSN of inward supplies is required in the annual return GSTR 9 which was not needed while filing monthly GSTR 3B. Multiple audits… Read More »

Annual GST return require additional details from taxpayers 

By | November 17, 2018

Share this on WhatsAppAnnual GST return require additional details from taxpayers The Government, on September 4, 2018, notified the format for filing annual return for both regular dealers (GSTR-9) and composition dealers (GSTR-9A). Refer GSTR 9 of Annual Return Notified : Download /Print [Video] GST Annual Return GSTR 9 Notified : जीएसटी वार्षिक रिटर्न :… Read More »