UNION BUDGET 2022-23 – CHANGES PROPOSED IN GOODS AND SERVICES TAX
The Finance Bill, 2022, has proposed various changes in CGST Act, 2017. The gist of proposed change are incorporated from…
Category: Goods and Services Tax GST
GSTR-9 and GSTR-9C for FY 2020-21
The government has issued the notifications providing the details for filing of annual return in Form GSTR-9 and reconciliation statement…
An in-depth Analysis of GSTR-9 and GSTR 9C
Authored by Mr. Sudeep. K, Article Assistant, HIREGANGE & ASSOCIATES, Chartered Accountants, Bengaluru Introduction It has been 4.5 years since…
NON-MANUFACTURING SERVICES CANNOT BE COVERED UNDER HSN HEADING NO.9988 (SAC) OF NOTIFICATION NO.11/17-CT(R) WHICH IS SPECIFICALLY MEANT FOR MANUFACTURING SERVICES.
This article is in the interest of those job workers who are engaged in the job-work for those activities/ processes/services which do not amount to manufacture. It is crystal clear that HSN 9988 & 9989 cover only manufacturing services and for non manufacturing services there is no specific HSN heading in rate notification. Read the know the viewpoint of the author.
Analysis of Hon’ble Gujarat High Court decision in the case of Arcelor Mittal Nippon Steel Ltd. vs. Asstt. Commissioner-2021-TIOL-2259-HC-AHM-GST
Dear Readers, Given below is the gist of a recent judicial ruling on the various issues arising under the GST…
Guidance Notes on – GST Audit under Sec.65 read with Rule 101 and Sec.66 Read with 102 of Goods and Services Tax Act, 2017 Part-1
By, B. S. Seethapathi Rao , Tax Consultant, Kakinada. Dated.12.01.2022. Dear Colleagues, Good day to you. I have received suggestions…
E-Invoice & E-Way Bill in Retail Trade
Authored by CA Akshay Hiregange Introduction Any large retail trader (goods) falling within the turnover range of Rs. 50-500 crore…
MANDATORY PRE-DEPOSIT FOR FILING AN APPEAL UNDER GST LAWS
By Ramesh Chandra Jena, B.A. (Hons.), M.A. (Eco.), D.M.M., LL.B., ADVOCATE & TAX CONSULTANT The pre-deposit means certain amount of…
Power Of Search, Seizure And Arrest Under GST Should Not Be Used To Harass Taxpayers
Source : BW Business World – dated 04.01.2022 Authored by Sri Bimal Jain Sir In any tax administration, the provisions…
Guidelines for recovery proceedings under the provisions of section 79 of the CGST Act,2017 in cases covered under explanation to sub-section (12) of section 75 of the CGST Act, 2017-Reg.
Sub-section (12) of section 75 of the CGST Act, 2017 (hereinafter referred to as “the Act”) provides that notwithstanding anything…