143 ViewsPROVISION u/s 15(2)(b) Section 15 of CGST Act, provides for determination of value of taxable supply on which GST should be charged. Sub-section 2 list downs the expenses which are to be included to arrive at value of taxable supply. As per clause (b) of the said sub-section the following need to be included in the […]
Optional tables for filing GST Annual Return for F.Y.2018-19
132 ViewsA relook into the GST annual return filed for F.Y.2017-18. The last date to file GST annual return for the period from 01.07.2017 to 31.03.2018 was 31.01.2020. The original due date was 31.12.2018. But, due to several reasons the due date got extended time and again. The main reason was that the said return was […]
Credit Note can be issued without charging GST
156 ViewsExtract of provision: Sec.34(1) of CGST Act, “Where one or more tax invoices have been issued for supply of any goods or services or both and the taxable value or tax charged in that tax invoice is found to exceed the taxable value or tax payable in respect of such supply, or where the goods supplied […]