Tag Archives: GST FAQ

Eway Bill Penalty Provision under GST Act

By | March 19, 2019

Eway Bill penalty Provision under GST Act Eway bill is an electronically generated document mandatory, to be carried for movement of goods across India. It is necessary for the movement of goods worth more than Rs. 50,000 with some exceptions [ Read Rule 138 of CGST Rules ]. Eway bill penalty can be imposed by the GST officer… Read More »

GST on Notice Pay

By | November 30, 2018

Is there any GST on Notice Pay recovery from employees ? Employees who resign from their job are expected to serve notice period as mentioned in the employment contract. If the employee does not serve such notice period, the salary of the unserved portion of notice period is. retained by the employer Example : if… Read More »

GST Penalty if the Tax collected not Paid

By | September 8, 2018

Whether any penalty is payable, if the self-assessed tax or any amount collected as tax is not remitted? Yes. Penalty shall be leviable under section 73(11) , where the self-assessed tax or any amount collected as tax is not paid within 30 days from the due date of payment of such tax. Quantum of penalty… Read More »

Who Can Sign GST Tax Invoices

By | August 24, 2018

Who Can Sign GST Tax Invoices Can a Regular employee signed the Tax Invoice. If the same person not authorized under GST Registration form ? Thus if regular Employee details not added in GST registration form as authorized representative….he can not issue invoices If invoices are signed by the employees of assessee who is not… Read More »

E way Bill : Important Points

By | January 23, 2018

E way Bill : Important Points One Consignment : One Document : One E-waybill Multiple documents can not be clubbed to generate one e-way bill One Invoice  : Multiple Consignments with Multiple challans : Multiple E-way bills In case of SKD(semi  Knocked Down) /CKD (Completely knocked down) /Ship consignments, one invoice will result in making  … Read More »