Category Archives: GST

GSTP Exam Registration (GST Practitioner)

By | September 24, 2018

GSTP Exam Registration GSTP Exam Registration started Registration Portal will be w.e.f on 25th September, 2018 and will remain open up to 10th Oct 2018. GSTP Exam Registration Click here Related Post GST Exam MCQ GST Practitioner : Free Study Material

Category: GST

GST Exam MCQ Part 5

By | September 24, 2018

GST Exam MCQ Part 5 (Multiple Choice Questions) Q: Time of supply of goods under CGST Act 2017 is  A)  Last date on which supplier is required to issue  invoice B) Date of issue of invoice C) Date on which the supplier receives the payment D) Earlier of (A), (B) and (C) Answer :  D) Earlier of (A),… Read More »

Last date to claim Input Tax Credit for FY 2017-18 under GST

By | September 24, 2018

Q What is the last date to claim Input Tax Credit under GST for FY 2017-18 ? I have forgotten to take Input tax Credit of Rs 1000 on Invoice Dated 13.03.2018. Till which date I can Claim Input Tax credit on Invoice of FY 2017-18. Video Tutorial by CA Satbir Singh (Voice in Hindi… Read More »

When you Can not Claim ITC under GST

By | September 24, 2018

When 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 input tax credit… Read More »

Category: GST

GST Video Tutorials

By | September 24, 2018

GST Video Tutorials Videos on GST Portal  CBIC online Helpdesk for GST issues, Excise & Service tax issues : GST News 379 New Functions on GST Portal Part 3 : Explained by GSTN  How to file GST Ledger related Complaints on GST Portal in PMT 4 : GST News 344 Videos on GST TDS /TCS… Read More »

Category: GST

New GST News 23.09.2018

By | September 23, 2018

New GST News 23.09.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Taxmann GST – How to Meet Your Obligations : 6th Edition 2018 Book 10 Video Lectures on GST TDS / TCS Provisions Cancellation of GST Registration in case of Death of Sole Proprietor by Legal Heir Revocation of… Read More »

Category: GST

Revocation of Cancelled GST Registration : FAQs and User Manual

By | September 22, 2018

Revocation of Cancelled GST Registration FAQs > Revocation of Cancelled Registration 1. When can I apply for revocation of cancelled registration? A taxpayer can apply for revocation of cancelled registration, whose registration has been suo moto cancelled by Tax Official, within 30 days from the date of order of cancellation of registration. 2. From where… Read More »

Category: GST

Taxmann GST on Bulders & Real Estate Transactions : 2nd Edition;September 2018

By | September 22, 2018

GST on Bulders & Real Estate Transactions As Amended by CGST (Amdt.) Act 2018/IGST (Amdt.) Act 2018/UTGST (Amdt.) Act 2018/GST (Compensation to States) Amdt. Act 2018 (2nd Edition;September 2018) Price Rs 795 click here to buy online Paperback: 376 pages Publisher: Taxmann; 2nd Edition;September 2018 edition (2018) Language: English A Complete Guide to GST on Builders & Real… Read More »

Taxmann GST Audit & Annual Return 2018 Edition Book by Aditya Singhania  

By | September 22, 2018

Taxmann GST Audit & Annual Return Description GST Audit Report  Clause-wise detailed analysis How to do various reconciliations in GSTR 9C Explanation using practical examples Action to be taken for each clause Checkpoints while doing GST audit Interlinks with Audited Annual Financial Statements GST Annual Returns Table-wise detailed discussion Practical Scenarios in tabular presentation Interlinks… Read More »

Category: GST

ICAI’s FAQs & MCQs on GST (Updated Sept. 2018) : Download

By | September 22, 2018

ICAI’s FAQs & MCQs on GST (Updated Sept. 2018) The ICAI has released a booklet containing FAQs and MCQs on GST (Revised/ Updated Edition: Sept. 2018). This novel publication of ICAI provides a comprehensive coverage of GST in easy to understand question answer format and written in lucid language which would facilitate the reader to easily comprehend the emerging… Read More »

How to apply for extension of GST Registration of Casual / Non Resident Taxable Person  : GSTN User Manual

By | September 22, 2018

Application for Extension of Registration Period for Casual / Non Resident Taxable Person What are the steps involved in applying for Registration for extension of registration period for Casual / Non Resident Taxpayer on the GST Portal? For applying for Registration for extension of registration period for Casual / Non Resident Taxpayer on the GST… Read More »

CSR provisions of Companies Amendment Act 2017 w.e.f 19.09.2018

By | September 22, 2018

The Ministry of Corporate Affairs (MCA) has appointed the 19th September, 2018 as  the date on which the provision of Corporate Social responsibility of the Companies Amendment Act, 2017 shall into force. To be published in the Gazette of ‘India, Extraordinary, Part II, Section 3, Sub-section (ii)] Government of India Ministry of Corporate Affairs Notification… Read More »

New GST News 22.09.2018

By | September 22, 2018

New GST News 22.09.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Taxmann GST – How to Meet Your Obligations : 6th Edition 2018 Book GST TDS FAQs : GST News 513 Gujarat Eway Bill Rules Changed w.e.f 01.10.2018 : Notification GST Exam MCQ Part -4 GST Disaster Cess may… Read More »

Category: GST

Gujarat Eway Bill Rules Changed w.e.f 01.10.2018 : Notification

By | September 21, 2018

Gujarat Eway Bill Rules Changed w.e.f 01.10.2018 The E-way bill is not required for intra-city movement of goods in State of Gujarat w.e.f 01.10.2018 . Further, for intra-State movement in State of Gujarat, the e-way bill is not required for transportation of Hank, Yarn, Fabric and Garments for the purpose of job work. Video Explanation… Read More »

GST Exam MCQ Part -4

By | September 21, 2018

GST Exam MCQ Part -4 ( Multiple Choice Questions ) Video on GST Exam MCQ part 4 explained in Hindi by CA Satbir Singh Q: Services provided by senior doctors/ consultants/ technicians hired by the hospitals, whether employees or not, A) are healthcare services which are exempt under GST B) is treated as non GST Supply… Read More »

New GST Notifications and News 21.09.2018

By | September 21, 2018

New GST News 21.09.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Taxmann GST – How to Meet Your Obligations : 6th Edition 2018 Book GST TCS Rate notified for E commerce operator to collect TCS under GST Notification No 52/2018 Central Tax : E commerce operator to collect TCS… Read More »

Category: GST

Notification No 52/2018 Central Tax : E commerce operator to collect TCS for intra state Supplies

By | September 21, 2018

Notification No 52/2018 Central Tax Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for intra-State taxable supplies Read Notification No 52/2018 Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department… Read More »

Cost Accountants allowed to Certify IGST Refund Claim : Circular No 33/2018 Customs

By | September 20, 2018

Circular No. 33/2018-Customs Sanction of pending IGST refund claims where the records have not been transmitted from GSTN to DG (System) Pending IGST refund claims can be certified by cost accountants also where records not transmitted from GSTN to DG Systems Video Explanation by CA Satbir Singh in Hindi Read Circular No. 33/2018-Customs F. No.… Read More »

Notification No 02/2018 Integrated Tax : E commerce operator to collect 1% TCS under GST

By | September 20, 2018

Notification No 02/2018 Integrated Tax Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for inter-State taxable supplies Read Notification No 02/2018 Integrated Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department… Read More »

Notification No 23/2018 Central Tax (Rate) : Exemption to One time upfront amount

By | September 20, 2018

Notification No 23/2018 Central Tax (Rate) Seeks to insert explanation in an entry in notification No. 12/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017. Exemption to One time upfront amount by State Government Industrial Development Corporations or Undertakings to industrial units-Explanation The CBIC vide Notification No. 12/2017- Central… Read More »

GST Fraud of Rs 79.21 crore by issuing ITC Invoice without Supply

By | September 20, 2018

Ministry of Finance Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) arrests two businessmenin a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods, involving evasion of approximately Rs. 79.21 crore on the taxable value of concocted supplies of Rs.450 crore. Gurugram Zonal Unit of the… Read More »

Category: GST

Notification No 24/2018 Integrated Tax (Rate) : Exemption to One time upfront amount

By | September 20, 2018

Notification No 24/2018 Integrated Tax (Rate) Summary of Notification No 24/2018 Integrated Tax (Rate) Seeks to insert explanation in an entry in notification No. 9/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017. Exemption to One time upfront amount by State Government Industrial Development Corporations or Undertakings to… Read More »

Notification No 23/2018 Union Territory Tax (Rate): Exemption to One time upfront amount

By | September 20, 2018

Notification No 23/2018 Union Territory Tax (Rate) Seeks to insert explanation in an entry in notification No. 12/2017 – Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017. Exemption to One time upfront amount by State Government Industrial Development Corporations or Undertakings to industrial units-Explanation The CBIC vide Notification No.12/2017-… Read More »

Exchange Rate of Foreign Currency w.e.f 21.09.2018

By | September 20, 2018

Ministry of Finance Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.77/2018-CUSTOMS (N.T.), dated  6th September, 2018 except as respects things… Read More »

Category: GST

No GST on Service of maintenance of Parks by society to Govt or local authority : AAR

By | September 20, 2018

AUTHORITY FOR ADVANCE RULINGS, KARNATAKA Nursery Men Co-oprative Society, In re HARISH DHARNIA AND DR. RAVI PRASAD, MEMBER ADVANCE RULING NO. KAR ADRG 18 OF 2018 AUGUST  6, 2018 RULING 1. M/s The Nurserymen Co-operative Society Ltd, (called as the ‘Applicant’ hereinafter), Lalbagh, Bengaluru 560004, having GSTIN number 29AABAT4416F1ZK, has filed an application for Advance Ruling under Section 97… Read More »

GST Exam MCQ Part 3

By | September 20, 2018

GST Exam MCQ- Part 3 (Multiple Choice Questions) Q Capital goods under CGST Act 2017 include- (a) Goods, the value of which is capitalized in the books of accounts (b) Goods which are used or intended to be used in the course or furtherance of business (c) Both (a) and (b) (d) Immovable Property only… Read More »

Filing GSTR-3B is now made more User friendly

By | September 20, 2018

Filing GSTR-3B is now made more User friendly GSTR 3B filing on GST Portal ( www.gst.gov.in) is made more user friendly… Fill either CGST or SGST/UGST amount, other tax will get auto filled. You can now save the Form on confirming details filled in the Table. You can fill balance details later. Preview Form or… Read More »

Category: GST

GSTR 9A : Download : Annual Return for composition taxpayers

By | September 20, 2018

GSTR 9A : Download The Govt. has notified Central GST (Eighth Amendment) Rules, 2018 by  Notification No 39/2018 Central Tax Dated  4th September 2018 wherein it has notified Form GSTR 9A of Annual Return for composition taxpayers. Who is required to file GSTR 9A ? As per Rule 80 of CGST Rules 2017  A person… Read More »

Should GST TDS be deducted if supplier is under exemption / Composition

By | September 20, 2018

Q.28 Please clarify ITC Credit status for the following condition: if Commission received Without Deducting GST in cases where distributor under Exemption or composition Scheme? Ans The section concerning GST deduction (Section 51 of CGST Act, 2017) has been operationalized w.e.f 01.10.2018. [ Refer Notification No 50/2018 Central Tax : TDS provision of Section 51 of CGST act… Read More »

Category: GST

Top 5 Best Book on GST in India 2018 / Latest GST Books

By | September 20, 2018

Best Book on GST in India 2018 / Latest GST Books [ Final GST Act ] we have compiled the top 5 Best Book on GST in India as per- CGST Act 2017, IGST Act 2017 , UTGST Act 2017  .These are the latest Books on GST in India in 2017. These Taxmann GST Books will… Read More »

Applicability of GST TDS on Inter State Supply ?

By | September 19, 2018

 GST TDS on Inter State Supply ? Whether TDS provisions under GST will apply in case of Inter State Supply ? GST TDS Provision under IGST Act As per Section 20 of IGST Act 2017  :Application of provisions of Central Goods and Services Tax Act. 20. Subject to the provisions of this Act and the rules made… Read More »

Category: GST

How to Amend GST Registration Core and Non-Core Fields

By | September 19, 2018

Core and Non-Core Fields : Amendment of GST Registration 1. Can amendments be made to the information submitted in the Registration Application? Once the applicant is registered under GST, the need for amendments in registration may arise due to several factors such as a change in address, change in contact number, change in business details… Read More »

Category: GST

No GST even if toll charges collected by sub contractor : AAR

By | September 19, 2018

In case of providing access to a Road or Bridge on payment of toll charge, the exemption is totally based on service of providing access to a road or a bridge on payment of toll charges. There is no restriction regarding the supplier or the recipient of the supply. In the instant case, therefore, even… Read More »

GST Exam MCQ

By | September 19, 2018

GST Exam MCQ GST Exam MCQ : Part 5 GST Exam MCQ : Part 4 GST Exam MCQ : Part 3 GST Exam MCQ : Part 2 GST Exam MCQ ; Part 1

Category: GST