Clarification on GST Annual Return and Reconciliation
The Central Board of Indirect Taxes and Customs (CBIC) has clarified doubts on how to prepare some tables in GST…
Category: GST Article
Gist of GST Articles
GST Annual Return F.Y.2017-18
GSTR-9 pre-filled form is available in www.gst.gov.in after login into the portal. GST-9C which is a reconciliation statement is available…
GST Taxpayers to start with new Invoice Series w.e.f 01.04.2019
Attention of all taxpayers is invited to Rule 46 (b) of the CGST Rules 2017, which specifies that the tax…
GSTR-1 Due date extended by 2 days for March 2019
The due date for furnishing FORM GSTR-1 for taxpayers having aggregate turnover more than Rs. 1.5 crores for the month…
Ineligible Input Tax Credit (ITC) u/s 17(5) of CGST Act, 2017
As per section 17(5) of CGST Act, 2017, the Input Tax Credit (ITC) shall not be available in respect of…
Eligibility and conditions for taking Input Tax Credit in GST
Section 16 of Central Goods and Service Tax (“the Act”) provides for the eligibility and conditions for taking Input Tax…
Precious 20days to ensure all ITC of F.Y.2017-18 is claimed
The time limit to claim input tax credit of the invoices pertaining to financial year 2017-18 is 20th April, 2019.…
Maximum availment of Input Tax Credit (ITC)
Presently, the mechanism of claiming Input Tax Credit (ITC) is a self assessment basis. That is the registered person furnishes…
Due date for filing of GST ITC-04 for July17 to Mar19
As per rule 45(3) of CGST Rules, 2017, “the details of challans in respect of goods dispatched to a job…
Self invoice under GST
As per section 31(3)(f) of CGST Act, 2017, “a registered person who is liable to pay tax under sub-section (3)…