|
|
|
|
|
This website contains information about recent changes mainly in GST laws. It also contains Articles on various topic in GST. Please visit the website and read.
|
|
|
|
Hi Reader,
|
Please find tax updates in Newsletter 35 dated 04.02.2022 as below:
|
|
|
|
Index
|
2. Budget Analysis by Experts
|
|
4. CGST Act, 2017 in block form
|
|
5. GST Notes by CMA Anil Sharma
|
|
|
|
|
|
Union Budget 2022
|
1) 01.02.2022: The Union Budget speech was delivered on 01.02.2022 in the Parliament by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman. Pls. find the following:
|
|
b) Memorandum explaining Finance Bill, 2022
|
|
d) Summary of Union Budget 2022-Press Release
|
|
|
|
Budget Analysis by Experts
1) Budget Analysis by Expert M/s. Nitin Bhuta & Co., Chartered Accountants, Mumbai - Read more
|
2) Budget Analysis by Expert M/s. Paksh Legal, Delhi - Read more
|
3) Budget Analysis by Expert M/s. M G S G and Associates, Chartered Accountants, Chandigarh - Read more
|
|
|
|
GST in Media
1) 02.02.2022 : Kerala govt to implement rating score for tax paying traders - The Kerala government is gearing up to implement an exclusive ‘rating score’ for state’s traders who submit their annual returns accurately on time and remit income tax without fail. Titled as “Tax Payer Card”, the Kerala State Goods and Services Tax department is implementing the initiative for those traders who are registered under the GST Act. According to official sources, State Finance Minister K N Balagopal will launch the ambitious initiative via online on February - Read more
|
2) 31.01.2022: GST collection crossed Rs 1.30 lakh crore mark for the 4th time - Source : Press Release -Posted On: 31 JAN 2022 7:51PM by PIB Delhi The gross GST revenue collected in the month of January 2022 till 3PM on 31.01.2022 is Rs 1,38,394 crore of which CGST is Rs 24,674 crore, SGST is Rs 32,016 crore, IGST is Rs 72,030 crore (including Rs 35,181 crore collected on import of goods). Read more
|
|
|
|
CGST Act, 2017 in block form
1) The Central Goods and Service Tax, 2017 updated as on 01.01.2022 as published by Central Board of Indirect Taxes and Customs – CBIC is reproduced in block form for your easy reference and reading. Read more
|
|
|
|
GST Notes
1) CGST Act in Slides form: Respected Shri CMA Anil Sharma, Shri CMA Gurdev Singh Saini and Respected Smt. CMA Bhawna Sharma presenting CGST Act / IGST Act in simple language in PPTs to make dealers, professionals, academicians, students etc. understand the basics of GST laws. Each Chapter in CGST Act, 2017 is explained in the form of Slides as given below for easy understanding of the Act:
|
|
|
|
|
|
|
GST Article
1) 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.
|
Authored by Shri Kasturi Sethi Sir, PANCHKULA, (HARYANA).
|
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. Read more
|
-------------------------------------------------------------------------
|
2) 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 -
|
Authored by SHRI SHAILESH P. SHETH SIR.
|
Given below is the gist of a recent judicial ruling on the various issues arising under the GST Laws: 1. Arcelor Mittal Nippon Steel Ltd. vs. Asstt. Commissioner -2021-TIOL-2259-HC-AHM-GST [Date of Decision: 24.11.2021] Issue involved: Whether the rejection of refund claim is legal and valid when the […] Read more
|
----------------------------------------------------------------------
|
3) 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 -
|
|
Authored by Shri B. S. Seethapathi Rao , Tax Consultant, Kakinada. Read more
|
|
|
|
|
Hope the above updates is of use to you. Please share your feedback at [email protected]
|
|
|
|
|
|
You wish to publish your Article?
|
If you wish to publish your article with OTU and share your knowledge to maximum readers then please send your article to us at [email protected]. We shall publish it with all due credit to you.
|
|
|
|
Ask GST Query
|
Ask your query on GST in Discuss Query Forum and we shall try to solve them. You may also join the Forum as an Expert and help tax querist in their GST Query.
|
|
|
|
|
|
 
|
Subscribe and support us -
|
Access Ad-Free website + Newsletter for just Rs.99/- for 12 months.
|
|
|
|
|
(Note - the charges is only to mitigate our website maintenance cost)
|
|
OTU provides you
|
- Articles on various topics
|
|
- Media - GST, Income Tax & Press R.
|
|
- Notes / Newsletter etc.
|
|
Visit our website
|
|
|
|
|
|
