192 ViewsThe Hon’ble Madras HIgh Court in the case of Revenue Bar Association versus Union of India, The Goods and Services Tax Council, The State of Tamil Nadu has : struck down Section 110(1)(b)(iii) of the CGST Act which states that a Member of the Indian Legal Services, who has held a post not less […]
GST completed two years since implementation
169 ViewsGST completed two years since its implementation from 01.07.2017. Initially the GST was proposed to be implemented from 01.04.2010. However, due to lack of political consensus the GST could not be implemented by 2010. Brief History as available in www.gst.gov.in is reproduced herewith for knowledge purpose:On 19th December, 2014, TheConstitution (122nd Amendment) Bill 2014 […]
Services covered under Reverse Charge Mechanism (RCM) under GST
193 ViewsSection 9(3) of CGST Act, 2017 provides that “The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both and all the provisions […]
Some sources from where one can get tax updates on GST
236 ViewsNeedless to mention that there are number of Notifications, Circular, Advance ruling, High Court judgments, Supreme Court Cases etc. These are published so as to bring changes to the GST Act and Rules. In case of ambiguity in the interpretation of law, the High Court and Supreme Court cases are also referred. There is […]
Submission of correct return under GST: Maharashtra GST
183 ViewsMaharashtra GST department has issued a Trade Circular No.47 T of 2019 dated 26.08.2019 instructing tax payers to file GST return with correct information. The State Tax department urge the tax payer to show complete information in the GSTR-3B return. It is observed by the GST department that tax payers are furnished net Input […]
Some points regarding Sabka Vishwas (Legacy Dispute Resolution)
161 ViewsThe Central Government has introduced as scheme called SABKA VISHWAS (LEGACY DISPUTE RESOLUTION) SCHEME, 2019. This scheme came into effect from 01.09.2019 as is available till 31.12.2019. The Central Government has also made the rule called Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules, 2019 vide Notification No. 05/2019 Central Excise-NT dated 21st August, 2019. […]
GST: Filing of Form ITC-04 for July 2017 to March 2019 is waived
164 ViewsOn the basis of recommendations of GST Council CBIC vide Notification no. 38/2019-Central tax dated 31.08.2019 has waived of the requirement of furnishing the details of challans in FORM ITC-04 for the period from July 2017 to March 2019. However, the taxpayer has to furnish the details of all the challans in respect of […]
