Improvements in GSTR-1
A revamped & enhanced version of GSTR-1/IFF is being made available on the GST Portal to improve the taxpayer experience.…
Month: November 2021
DETAILED ANALYSIS ON DEMAND, RECOVERY, SCN PROCEDURES UNDER GST
By, M.S.VIJAYAKUMAR, ASSISTANT COMMISSIONER GST (RETD.) Introduction Goods and Services Tax (GST) is a system where one person determines the tax and…
Provisions Relating to Summons in GST Laws
By, Abhishek Raja Ram, CA in Practice, Abhishek Raja and Associates Section 70 of Central Goods and Services Act 2017…
NGOs & Taxability
By, CA. S S Quadri, B. COM (H), FCA, DIRM (ICA), ISA (ICA), MDBA, LLB, S S Quadri & Co.,…
MSME Supplier and Input Tax Credit under GST – A Conundrum
By, Mr. Sudeep Manek, Chartered Accountant working in MNC & Mr. Yogesh Gaba, Practising Chartered Accountant Confusion, when embraced, is…
DEFERRED PAYMENT OF CUSTOMS DUTY – A TRADE FACILITY MEASURES
By, Ramesh Chandra Jena, B.A. (Hons.), M.A. (Eco.), D.M.M., LL.B, ADVOCATE & TAX CONSULTANT The deferred payment of Customs duty…
Summons at the drop of a hat
By Mr. Vijay Kumar, Editor-in-Chief of Tax India Online (TIOL) Note : This article was first published in Tax India Online…
Can the post-supply reduction in price impact the ITC claim?
By, SHRI SHAILESH P. SHETH, ADVOCATE , M/S. SPS LEGAL Input Tax Credit’ (‘ITC’) is the ‘soul’ of the ‘Goods and Services…
IMPLICATION OF GST ON FMCG SECCTOR IN INDIA
By, M.S.VIJAYAKUMAR, ASSISTANT COMMISSIONER GST (RETD.) INTRODUCTION Fast moving consumer goods (FMCG) is the 4th largest sector in the Indian economy. There…
SCN alleging Inadmissibility of CESS as Transitional Credit set aside issued on the basis of Explanation 3 of Section 140 of CGST Act, 2017 inserted vide Section 28 of CGST Amendment Act, 2018
By, Mr.Rachit Agarwal, CA Kolkata, Email- ca.rachitagarwal@yahoo.com 2021 (11) TMI 157 – Bombay High Court in Godrej & Boyce Mfg.…