Goods and Services Tax

Draft audit programme for GST Audit

Goods and Services Tax – GST – By: – Rajagopalan TS – Dated:- 18-1-2019 – AUDIT PROGRAM FOR GST AUDIT 1 Preliminary Check GST registration certificate Cross check the name of the entity with PAN or Company incorporation certificate Check for single registration or multiple registration – ask for documentation Name board to contain GST…

Profiteering – benefit of reduction in the GST rate not passed – base price of goods also increased – Respondent has violated the provisions of section 171 in as much as the prices have remained the same inspite of reduction in the tax rate. His

GST – Profiteering – benefit of reduction in the GST rate not passed – base price of goods also increased – Respondent has violated the provisions of section 171 in as much as the prices have remained = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = =…

Valuation – Concept of Pure Agent Defined

Goods and Services Tax – GST – By: – CA Akash Phophalia – Dated:- 17-1-2019 – Introduction Revenue laws are often called as incomplete without valuation. Tax is always charged on some basic value and guiding principles to calculate such value is enumerated in the concerned law itself. In fact come times courts had held…

EDAYAR METALS Versus UNION OF INDIA, THROUGH ITS SECRETARY (REVENUE) , NEW DELHI, THE PRINCIPAL SECRETARY, FINANCE (GST WING) , FINANCE (REV. 1) DEPARTMENT, NEW DELHI, GST COUNCIL, NEW DELHI, GOODS AND SERVICES TAX NETWORK, NEW DELHI, THE COMMIS

EDAYAR METALS Versus UNION OF INDIA, THROUGH ITS SECRETARY (REVENUE) , NEW DELHI, THE PRINCIPAL SECRETARY, FINANCE (GST WING) , FINANCE (REV. 1) DEPARTMENT, NEW DELHI, GST COUNCIL, NEW DELHI, GOODS AND SERVICES TAX NETWORK, NEW DELHI, THE COMMISSIONER, STATE GOODS AND SERVICES TAX DEPARTMENT., THIRUVANANTHAPURAM, THE NODEL OFFICER FOR STATE GST, KERALA, THE NODEL…

PSN AUTOMOBILES PRIVATE LIMITED Versus THE UNION OF INDIA, REPRESENTED BY THE SECRETARY TO GOVERNMENT, DEPARTMENT OF REVENUE, NEW DELHI AND THE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS, DEPARTMENT OF REVENUE, MINISTRY OF FINANCE, GOVERNMENT O

PSN AUTOMOBILES PRIVATE LIMITED Versus THE UNION OF INDIA, REPRESENTED BY THE SECRETARY TO GOVERNMENT, DEPARTMENT OF REVENUE, NEW DELHI AND THE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS, DEPARTMENT OF REVENUE, MINISTRY OF FINANCE, GOVERNMENT OF INDIA, NEW DELHI – 2019 (1) TMI 1022 – KERALA HIGH COURT – TMI – Valuation of supply…

Notified supplies, when the supply of goods shall be treated as deemed export under GST e.g. supplies against Advance Authorisation – Notification amended to submit certificate from CA in certain cases.

GST – Notified supplies, when the supply of goods shall be treated as deemed export under GST e.g. supplies against Advance Authorisation – Notification amended to submit certificate from CA in certain cases. – TMI Updates – Highlights = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source =…

ITC WRONGLY ENTERED IN 3B

ITC WRONGLY ENTERED IN 3B – GST – Started By: – PUNEET NEMA – Dated:- 16-1-2019 Last Replied Date:- 19-1-2019 – ITC WRONGLY ENTERED IN 3B BUT NOT AVAILED ITC SECTION 50 (3) INTEREST NOT CHARGEABLE DUE = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = =…

GST ITC for Jul17 to march 18

GST – Started By: – Madhavan iyengar – Dated:- 16-1-2019 Last Replied Date:- 19-1-2019 – Sirs A company has not availed ITC of some invoices of services of the period July 17 to March 18, by virtue of the order 02/2018 issued by CBIC dated 31/12/2018 can this ITC be availed now in Dec 2018…

RAJESH ACCOUNTANT

GST – Started By: – rajesh subramanian – Dated:- 16-1-2019 Last Replied Date:- 19-1-2019 – Dear sirsWe are pvt ltd, and hiring manpower from an agency, who is un-registered dealer,from the said agency we are receiving service like professional consultancy, house keeping, Security, gardener etc and we are debiting the charges to corresponding a/c heads…

Interest on Un Utilized ITC in a regular/ Tran1

GST – Started By: – Ravikumar Doddi – Dated:- 16-1-2019 Last Replied Date:- 17-1-2019 – Dear sir,Is interest is applicable on the unutilized credit of TRAN1 which was disallowed by department or in a regular returns some times we may claim ITC erroneously – Reply By KASTURI SETHI – The Reply = Answer is NO.…

7-Member Group of Ministers (GoM) constituted for boosting the Real Estate Sector under the GST regime by providing a Composition Scheme for Residential Construction Units among others

Goods and Services Tax – GST – Dated:- 16-1-2019 – In pursuance of decision in the 32nd Meeting of GST Council held on 10th January, 2019 at New Delhi, a Group of Ministers (GoM) for boosting the Real Estate Sector under the GST regime has been constituted. The GoM for boosting Real Estate Sector under…

M/s. P.K CONSTRUCTION COMPANY Versus THE COMMISSIONER KERALA STATE GST DEPARTMENT, THIRUVANANTHAPURAM, THE DEPUTY COMMISSIONER KERALA STATE GST DEPARTMENT, MATTANCHERY, THE STATE TAX OFFICER (WORKS CONTRACT) , ERNAKULAM AND THE GOODS AND SERVICE

M/s. P.K CONSTRUCTION COMPANY Versus THE COMMISSIONER KERALA STATE GST DEPARTMENT, THIRUVANANTHAPURAM, THE DEPUTY COMMISSIONER KERALA STATE GST DEPARTMENT, MATTANCHERY, THE STATE TAX OFFICER (WORKS CONTRACT) , ERNAKULAM AND THE GOODS AND SERVICES TAX NETWORK PVT. LTD. – 2019 (1) TMI 1154 – KERALA HIGH COURT – TMI – Opening the official web portal so…

LEO LOGISTICS Versus UNION OF INDIA, REPRESENTED BY ITS SECRETARY (REVENUE) , MINISTRY OF FINANCE, NEW DELHI, THE PRINCIPAL SECRETARY, FINANCE (GST WING) FINANCE, NEW DELHI, GST COUNCIL, REPRESENTED BY ITS CHAIRPERSON DEPARTMENT OF FINANCE, NEW

LEO LOGISTICS Versus UNION OF INDIA, REPRESENTED BY ITS SECRETARY (REVENUE) , MINISTRY OF FINANCE, NEW DELHI, THE PRINCIPAL SECRETARY, FINANCE (GST WING) FINANCE, NEW DELHI, GST COUNCIL, REPRESENTED BY ITS CHAIRPERSON DEPARTMENT OF FINANCE, NEW DELHI, GOODS AND SERVICE TAX NETWORK, NEW DELHI, THE COMMISSIONER, STATE GOODS AND SERVICE TAX DEPARTMENT, THIRUVANANTHAPURAM AND THE…

HUSKY INJECTION MOLDING SYSTEMS (INDIA) PRIVATE LIMITED Versus THE COMMISSIONER OF STATE TAX KERALA GST DEPARTMENT, THIRUVANANTHAPURAM, ASSISTANT COMMISSIONER (INT) PALAKKAD, KERALA GST DEPARTMENT, PALAKKAD, DEPUTY COMMISSIONER OF STATE TAX, PAL

HUSKY INJECTION MOLDING SYSTEMS (INDIA) PRIVATE LIMITED Versus THE COMMISSIONER OF STATE TAX KERALA GST DEPARTMENT, THIRUVANANTHAPURAM, ASSISTANT COMMISSIONER (INT) PALAKKAD, KERALA GST DEPARTMENT, PALAKKAD, DEPUTY COMMISSIONER OF STATE TAX, PALAKKAD AND ASSISTANT STATE TAX OFFICER SQUAD NO. 1, KERALA GST DEPARTMENT, PALAKKAD – 2019 (1) TMI 1152 – KERALA HIGH COURT – TMI –…

Detention order – non-compliance of the mandate under the provisions of Section 129(4) of the Act – The Proper Officer realizing the lacuna, has proceeded to pass the rectification order after taking into consideration the objections – Hence, no

GST – Detention order – non-compliance of the mandate under the provisions of Section 129(4) of the Act – The Proper Officer realizing the lacuna, has proceeded to pass the rectification order after t = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

RECENT AMENDMENTS IN GOODS AND SERVICES TAX RULES, 2017

Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 15-1-2019 – Vide Notification No. 74/2018-Central Tax, dated 31.12.2018 the Central Government made the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2018 further to amend the Central Goods and Services Tax Rules, 2017. These rules, unless otherwise stipulated, came into effect…