Daily Archives: November 17, 2018

Key Problems in GST Audit

By | November 17, 2018

KEY 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 under indirect tax… Read More »

Category: GST

Annual GST return require additional details from taxpayers 

By | November 17, 2018

Annual 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 : GST News 470… Read More »

Bail conditions relaxed by HC for petitioners involved in passing vague ITC under GST :

By | November 17, 2018

Issue in Earlier Order  : The accused be released on bail on furnishing bond of the sum of Rs.50 lakhs and on condition to deposit Rs.39 crore to the Government Exchequer through the competent authority Held Now The petitioners be enlarged on bail by furnishing personal recognition bond of Rs.10 lakhs each and on further… Read More »

Common GST investigations of units can not be carried on : HC

By | November 17, 2018

HIGH COURT OF DELHI Lemon Tree Hotels Ltd. v. Union of India S. RAVINDRA BHAT AND A.K. CHAWLA, JJ. W.P. (C) NO. 1728 OF 2018 C.M. APPL. NO. 7172 OF 2018 AUGUST  10, 2018 Sanjeev Anand, Varun K. Bala and Ankit Singh, Adv. for the Appellant. Ms. Sangita Rai, Adv., UOI for the Respondent. ORDER 1. The petitioner had approached this Court claiming directions that… Read More »

GST paid in wrong head should be adjusted by GST Officer with correct head : HC

By | November 17, 2018

I find no difficulty for the respondent officials to allow the petitioner’s request and get the amount transferred from the head ‘SGST’ to ‘IGST’. It may, as the Government Pleader has contended, take some time, but it is inequitable for the authorities to let the petitioner suffer on that count. 11. So I hold that the… Read More »

Checklist for GST Annual return and reconciliation statement

By | November 17, 2018

Checklist for GST Annual return and reconciliation statement , Government has notified the formats for Annual Return (GSTR-9) and Reconciliation (GSTR-9C). Annual return is divided into 6 parts with 19 tables, which requires taxpayers to report summary of outward supplies, inward supplies, tax paid, particulars of demands and refunds, HSN summary etc Identify Turnover It… Read More »

Category: GST

Maternity Leave Incentive Scheme : 7 weeks’ wages reimbursement to employer

By | November 17, 2018

Ministry of Labour & Employment Clarification regarding Maternity Leave Incentive Scheme Posted On: 16 NOV 2018 In a section of media, there have been some reports about Maternity Leave Incentive Scheme. In this regard, the Ministry of Labour & Employment has clarified the following – Background- (i) The Maternity Benefit Act, 1961 applies to establishments employing… Read More »