Post by: poonamgandhi in GST GST in India Legal News
Reverse Charge Provisions for Builders Generally, under GST, the service provider is liable to pay the tax. However, the Reverse Charge is a system via which the service receiver is held liable to pay the tax. Notably, section 9(3); section…
Post by: poonamgandhi in GST GST in India Legal News
Recent advisory on HSN vis-à-vis filing of GSTR-1 It is reported that recently the taxpayers are facing various issues in filing Form GSTR-1 concerning the HSN code. Accordingly, an advisory was issued on the same which is taken up and…
Post by: poonamgandhi in GST GST in India
Difference between GSTR-2A and GSTR-2B Recently, under Goods and Services Tax, the following two types of auto-populated returns/ statements are introduced- Form GSTR-2A- Details of auto drafted supplies Form GSTR-2B- Auto drafted ITC statement Interestingly, both the above-referred statement reflects…
Post by: poonamgandhi in GST GST in India Legal News
Invoice Furnishing Facility Filing of quarterly Form GSTR-1 return is available to a small registered person under GST. However, due to quarterly filing of details, there will be a delay in availing of an input tax credit for the recipient…
Post by: Renu Suresh in GST
Form GSTR-3B Due date for the tax periods October 2020 to March 2021 Central Board of Indirect Taxes and Customs (CBIC) released Notification No. 82/2020 – Central Tax, dated 11th November 2020 for specifying the Due date of GSTR-3B for…
Post by: poonamgandhi in GST GST in India
Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 The Central Board of Indirect Taxes and Customs has come up with various crucial amendments by introducing Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020, vide notification no. 82/2020- Central…
Post by: poonamgandhi in GST GST in India
GST PMT-09 Form GST PMT-09 is a GST challan which is used to transfer wrongly paid amount from one head to another head in the Electronic Cash Ledger. The present article briefly explains Form GST PMT-09; steps to be followed…
Post by: poonamgandhi in GST News
Clarification on cumulative applicability of rule 36(4) The present article covers the recent clarification issued by the Central Board of Indirect Taxes and Customs, vide circular no. 142/12/2020- GST dated 9th October 2020, with regard to the applicability of rule…
Post by: poonamgandhi in GST GST in India
GST late fee reduction and time limit extension Recently, on 21st September 2020, the Central Board of Indirect Taxes and Customs issued three notifications. The notifications cover late fee reduction in case of Form GSTR-4 (i.e., return to be filed…
Post by: poonamgandhi in GST GST in India Legal News
Delinking of Credit Note and Debit Note with Original Invoice Till now, while filing the Goods and Services Tax return in Form GSTR-1 or Form GSTR-6, the taxpayer was required to mention the original invoice number and original invoice date…
