Some recent amendments
1) Notification No. 18/2021-Central Tax (Rate) dated 28.12.2021 is issued to amend the Notification No. 1/2017-Central Tax (Rate) dated 28.06.2017…
Month: December 2021
Why GST On Renting Of Immovable Property – Issue Pending Before Larger Bench Of Supreme Court
By, S.V.S. RAGHAVENDRA RAO, Advocate & Tax Consultant Every Commercial property owner in India are in quagmire due to contradictory…
AMENDMENTS: GST CHANGES EFFECTIVE FROM 01ST JANUARY 2022
By, Mr. Parth Nagda The Central Government vide Notification No. 39/2021 – Central Tax dated 21.12.2021 seeks to bring into…
Due date of filing GST Annual Return has been extended to 28.02.2022
Due date of filing GST Annual Return in Form GSTR-9 and 9C has been extended from 31.12.2021 to 28.02.2022 vide…
Table 5 of GSTR-9C – Reconciliation of Gross Turnover
Table 5 requires the reconciliation of gross turnover as per audited financial statements for the State/UT with the turnover declared…
Table 7 of GSTR-9 – Detail of ITC Reversed and Ineligible ITC for the financial year 2020-21
Table 7 of GSTR-9 requires the information of reversal of eligible Input Tax Credit (ITC) and details of ineligible ITC…
Table 14 of GSTR-9C – Reconciliation of ITC declared in Annual Return with ITC availed on expenses (F.Y. 2002-21)
Table 14 of GSTR-9C requires the taxpayer to furnish the reconciliation of ITC declared in Annual Return in Form GSTR-9…
HSN Summary in Table 17 and 18 in GSTR-9 is optional for F.Y. 2002-21
Table 17 of GSTR-9 requires the taxpayer to furnish the information of HSN summary of outward supplies. Table 18 requires…
WORKING FOR GST ANNUAL RETURN
By, Abhishek Raja Ram, CA in Practice, Abhishek Raja and Associates GST Laws makes provisions for Annual Return and Reconciliation…
ESI/PF liability in Contract Labor of Contractor vis a vis Factory under GST
By, K. Srinivasan (IRS) Is there any GST liability on a Labor contract, on the consideration received inclusive of ESI…