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A. GST Council took following decisions relating to changes in GST rates on supply of goods and services. 1. The recommendation of the Fitment Committee is to raise the GST rate on Mobile Phones and specified parts presently attracting 12%…
The Government has notified 01.04.2020 as the date when e-invoicing and new GST return will come into effect. As a first phase the tax payers having turnover more than one hundred crores is covered under the requirement of e-invoicing. Going…
M/s. Gokul Agro Resources Ltd. has filed a writ petition in the Hon’ble Gujarat High Court, requesting, inter-alia, to grant refund of the amount of IGST already paid pursuant to Entry no.10 of Notification no. 10/2017-IT (Rate) i.e. on ocean…
The applicant M/s. M/S. NEVA PLANTATION PRIVATE LIMITED is engaged in supply of exempted goods. The applicant was not aware of the provision that GST registration is not required if the goods supplied are exempted. However the appellant had taken…
Vide Order No.08/2019-Central Tax, dated 14.11.2019, CBIC has extended the due date of filing GST Annual return for the Financial Year 2018-19 up to 31.03.2020. As per Sec.44(1) of CGST Act, 2017 the due date for filing annual return for…
Applicant M/s. LAS PALMAS CO-OPERATIVE HOUSING SOCIETY LIMITED, a registered taxpayer in Mumbai has applied for Advance Ruling u/s 97 of the CGST Act, 2017. The question involved was whether the applicant can claim input tax credit of the tax…
Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117(1A) of the Central Goods and Service Tax Rules, 2017 in certain cases
GST is payable by a registered person supplying the goods or services or both. However, there is a provision under GST which makes the receiver of goods or services or both responsible to pay GST on behalf of the supplier…
The Hon’ble High Court of Jharkhand has ruled on 18.12.2019 in the case of SHREE NANAK FERRO ALLOYS PVT. LTD that the tax paid incorrectly under CGST head will be refunded but the taxpayer has to pay tax under correct…
There is a difference between advance money and deposit amount. The advance is received toward goods or services to be supplied in future. The supplier of goods or services use the advance money for the purpose of supply of goods…