Can the buyer be denied the ITC on account of the fraud or malpractices committed by the supplier?
By, SHRI SHAILESH P. SHETH, ADVOCATE , M/S. SPS LEGAL The Goods and Services Tax (GST) cannot be expected to be completely…
Month: October 2021
GST on Clubs, Societies, etc. – A critical look…!
By, SHRI SHAILESH P. SHETH, ADVOCATE , M/S. SPS LEGAL The issue whether Members‟ Clubs, Housing Societies or Trade and Industry Chambers…
Jharkhand High Court’s significant ruling on the rampant issue of GST demands
By, SHRI SHAILESH P. SHETH, ADVOCATE , M/S. SPS LEGAL Hardly 4 (four) years have passed since the introduction of the…
AN ANALYSIS OF INPUT TAX CREDIT CONCEPT UNDER GST
By, M.S.VIJAYAKUMAR, ASSISTANT COMMISSIONER GST (RETD.) One of the main objective of GST was to eradicate cascading effect of taxes which existed…
GST COUNCIL MEETINTG 01-45th AN OVER VIEW AND OUTCOME OF THE MEETING (IN DECENDING ORDER)
By, M.S.VIJAYAKUMAR, ASSISTANT COMMISSIONER GST (RETD.) 45th GST council meeting Two major food delivery apps namely Zomato and Swiggy are…
Challenge Validity of Section 16(4) of CGST Act, When Time Extend to Claim ITC on Inward Supply Is in Force
By, Mr. S. Kannan B. Com., LL.B When the GST Commissioner, extend time limit, to furnish details of inward supply,…
Advisory for taxpayers on Form GSTR-2B
Source : GSTN / News and Updates / 18.10.2021 1. Form GSTR-2B is an auto-drafted ITC statement which is generated…
Article on “audit” conducted by the GST department under Section 65 of CGST Act, 2017.
From the Desk of B.S.S.Rao B.S. Seethapathi Rao, Tax Consultant, Kakinada. Dated.16.10.2021. Article on “audit” conducted by the GST department…
Doctrine of Impossibility – A Tool of Defense in Taxation Matters
By, Mr. MANOJ NAHATA, FCA, DISA (ICAI) The doctrine of “Lex non Cogit Ad impossibilia” is an age-old maxim used…
FY20-21: What is due Date for Amending GSTR-1 & Availing ITC?
By CA RAJENDER ARORA, CA in Practice, Delhi The GSTR-1 and GSTR-3B for the Month of September that are to…