Category Archives: GST

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 »

GST Summon

By | November 17, 2018

GST Summon Q: What to do if GST  department officer call me to check my stock and for survey? They dont have right to check  my books without taking approve of commissioner ? Here we have compiled the Power of GST officer to Issue Summon under GST Video lecture on Summon under GST Who Can… 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

GST Annual Return : Complete Guide : GSTR 9, 9A, 9B ,9C

By | November 17, 2018

GST Annual Return : Complete Guide Here is the detailed Analysis of GST Annual Return .GSTR 9, GSTR 9A, GSTR 9B ,GSTR 9C Video Tutorial by CA Satbir Singh explaining GST Annual Return Note : Now the Govt has Notified the Format of GSTR 9 , 9A and GSTR 9C GSTR 9 of Annual Return… Read More »

E-Way Bill System New FAQs

By | November 16, 2018

E-Way Bill System Dated: 01/10/2018 P a g e | 1 New FAQs (Dated: 01-10-2018) What should I do if I don’t have ‘Transporter Id’ but want to enter and generate ‘Part-A slip’? This is not possible as per rule 138(3). If the tax payer is not having the details of ‘Transporter Id’ but he… Read More »

Category: GST

GST Exemption to Indian Institute of Management : AAR

By | November 16, 2018

The Applicant is an ‘educational institution’ within the meaning of sub-clause (ii) of clause 2(y) of Notification No. 12/2017-Central Tax (Rate) dated 28/06/2017 . The Applicant is eligible for benefit for exemption under Entry No. 66(a) of Notification No. 12/2017-CT(Rate) dated 28/06/2017, being an educational institution in terms of clause 2(y) of the said notification.… Read More »

No GST Exemption to Food Supply Services to employees of SEZ : AAR

By | November 16, 2018

The Appellate Authority for Advance Ruling held that the services of supplying food by the appellant to the employees of the unit located in the Special Economic Zone is not covered under the zero rated supplies in terms of Section 16(1)(b) of the IGST Act, 2017 and the services of the appellant are also not… Read More »

Pay GST on Supply of Hotel Services to guests & employees of SEZ units, outside SEZ : AAR

By | November 16, 2018

The Hotel Accommodation & Restaurant services being provided by the Applicant, within the premises of the Hotel, to the employees & guests of SEZ units, can not be treated as supply of goods & services to SEZ units in Karnataka & hence the intra state supply and are taxable accordingly. AUTHORITY FOR ADVANCE RULINGS KARNATAKA… Read More »

No GST Exemption on renting of godown for storage of agricultural produce : GUJARAT AAR

By | November 16, 2018

AUTHORITY FOR ADVANCE RULINGS, GUJARAT Rishi Shipping., In re R.B. MANKODI AND G.C. JAIN, MEMBER ADVANCE RULING NO. GUJ/GAAR/R/2018/4 MARCH  20, 2018 Haresh Vaishnav for the Applicant. RULING 1. The applicant M/s. Rishi Shipping has submitted that the company is a Cargo Handling company operating at Kandla Port Trust under stevedoring license issued by Kandla Port and provide Cargo Handling… Read More »

No GST on e procurement transaction fee collected on behalf of ITE&C : AAR

By | November 16, 2018

Whether the e procurement transaction fee collected on behalf of ITE&C department results in supply of goods or services or both, within the meaning of supply as defined law. Whether the tax liability arises on e procurement transaction fee collected on behalf of ITE&C department. Held It is supply as defined in SGST Act 2017… Read More »

6% Growth in Pharma Sector after GST

By | November 16, 2018

Ministry of Chemicals and Fertilizers Impact of GST has largely been positive and constructive on Pharma Sector: Shri Mansukh Mandaviya Figures show significant positive impact on Annual Turnover, Exports of Pharma Sector and Drug Approvals post implementation of GST Posted On: 15 NOV 2018 Impact of Goods and Services Tax (GST) on Pharma sector has… Read More »

Category: GST

Result of GST Practioners Exam held on 31.10.2018

By | November 15, 2018

RESULT OF EXAMINATION OF GST PRACTITIONERS HELD ON 31.10.2018 National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has conducted examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of second proviso to sub-rule (3) of rule 83 of the Central Goods and Services Tax Rules, 2017. The examination was… Read More »

Category: GST

Provisional Assessment under GST [Video Tutorials ]

By | November 15, 2018

Provisional Assessment 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 What Assessment under CGST Act? “assessment” means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary… Read More »

GST on Long duration post graduate diploma programmes by IIM : AAR Clarify

By | November 14, 2018

Whether the long duration post graduate diploma/degree granting programmes offered by the Indian Institute of Management, Bengaluru other than specifically mentioned in Sl.No.67 of Notification No.12/2017 – Central Tax (Rate) dated 28th June 2017 as amended by Notification No.2/2018 dated 25th January 2018 are exempted from the GST output liability on education as a part… Read More »

How to Accept GST TDS deducted by Deductee

By | November 14, 2018

Steps for Acceptance of TDS Credit by Deductee under GST w.e.f 01.10.2018 any eligible payment received from the Specified persons where contract price exceeding RS 2.50 Lakhs , [1% CGST & 1% SGST/UTGST ( In case of Intra State Supply of Goods / Services)] or [2% IGST ( In case of Inter State Supply of… Read More »

Category: GST

UP GST Deptt to do e-hearing assessment of corporate dealers

By | November 14, 2018

Uttar Pradesh GST Department to conduct e-hearing assessment of corporate dealers for transparency and minimum interface with trader.   Uttar Pradesh GST Department has decided to make assessment of corporate dealers through e-hearing by letter No 94/1819062 Dated 02.11.2018 Earlier a corporate circle was formed with the objective that in each zone jurisdiction for top… Read More »

How to file Appeal against GST Demand Order :FAQ and User Manual

By | November 14, 2018

Filing an Appeal against GST Demand Order :FAQ and User Manual Video Tutorial by CA Satbir Singh (Voice in Hindi , Slides in English)  explaining how to file Appeal against GST Demand Order FAQs > Filing an Appeal against Demand Order 1. Who can file an appeal to the Appellate Authority? Any taxpayer or an… Read More »

Multiple Vehicle Option for e-Way bill on Eway Bill Portal

By | November 14, 2018

Multi Vehicle Option for e-Way bill Video Explanation on Multi Vehicle Option for e-Way bill Video Tutorial by CA Satbir Singh (Voice in Hindi , Slides in English) The new option has been introduced on Eway Bill System (https://ewaybillgst.gov.in) wherein the consignment of one e-way bill has to be moved in multiple vehicles, after moving to transshipment… Read More »

How to get GST TDS Refund

By | November 14, 2018

How to get GST TDS Refund GST Law also mandates Tax Deduction at Source (TDS) vide Section 51 of the CGST/SGST Act 2017, Section 20 of the IGST Act, 2017 and Section 21 of the UTGST Act, 2017. GST Council in its 28th meeting held on 21.07.2018 recommended the introduction of TDS from 01.10.2018. [ Refer Notification… Read More »

GST Summary Assessment [ Video Tutorial ]

By | November 14, 2018

Summary Assessment 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 What Assessment under CGST Act? “assessment” means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary… Read More »

6 New E-way Bill Changes from 16.11.2018

By | November 14, 2018

National Informatics Centre E-way Bill Project Proposed improvements in e-way bill generation, being released on 16.11.2018 1. Checking of duplicate generation of e-way bills based on same invoice number The e-way bill system is enabled not to allow the consignor/supplier to generate the duplicate e-way bills based on his one document. Here, the system checks… Read More »

GST rates on job work activity of custom milling of paddy : Chhattisgarh AAR Clarify

By | November 14, 2018

Tax liability in the business of job work activity of custom milling of paddy involving milling activity, transportation of rice and usage charges of gunny bags. Held It is Composite Supply and principal Supply is  custom milling of paddy . Therefore GST Rates is 5% Chhattisgarh Authority of Advance Ruling Taranjeet Singh Tuteja & Brothers… Read More »

GST Interest Rates : When and How Much : Notifications wise

By | November 13, 2018

GST Interest Rates : Free Study Material Here is the Free study Material on GST interest Rates Video Tutorial by CA Satbir Singh (Voice in Hindi , Slides in English)  explaining GST Interest Rates   [Join GST Online Course by CA Satbir Singh ] GST Interest Rates : General Points Comment GST Interest has to be paid… Read More »

Corrigendum to Notification No 60/2018-Central Tax, dated the 30th October, 2018

By | November 12, 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 Excise and Customs Corrigendum New Delhi, the 12th November, 2018 G.S.R. (E).:- In the notification of the Government of India, in the Ministry of Finance, Department of Revenue,… Read More »

5 Key Points about GST Summary Assessment

By | November 12, 2018

GST Summary Assessment Key Points of GST Summary Assessment Explained by CA Satbir Singh Key Point 1 The proper officer can not do suo-moto  summary Assessment He has to obtain prior permission of Additional/Joint Commissioner to proceed to assess the tax liability. Key Point 2 summary assessment can not be initiated mere change in opinion… Read More »

Govt should issue order for correction of error in TRAN-1 : HC

By | November 12, 2018

HIGH COURT OF BOMBAY O/E/N India Ltd. v. Union of India M.S. SANKLECHA AND RIYAZ I. CHAGLA, JJ. WRIT PETITION NO. 2086 OF 2018 SEPTEMBER  26, 2018 Dr. Abhinav Chandrachud for the Petitioner. Pradeep S. Jetly, J.B. Mishra and Ms. Jyoti Chavan, AGP for the Respondent. ORDER 1. This Petition under Article 226 of the Constitution of India seeks a direction to the Respondent No.… Read More »

New GST News 12.11.2018

By | November 12, 2018

New GST News 12.11.2018 [ Join online GST Course by CA Satbir Singh ] New GST News Free GST Online Course [ Videos ] by CA Satbir Singh 5 Key Points for GST Registration Cancellation 5 Important Points about Casual Taxable Person under GST How to Cancel GST Registration [Part 1 Video Tutorial] How to… Read More »

Category: GST