Goods and Services Tax

Seizure order – E-way bill not accompanied – neither it can be said that Petitioners have deliberately committed any fault or disobeyed law intentionally or fraudulently, particularly when respondent-authorities themselves were not very clear –

Goods and Services Tax – Seizure order – E-way bill not accompanied – neither it can be said that Petitioners have deliberately committed any fault or disobeyed law intentionally or fraudulently, part = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = = =…

Jurisdiction of state authorities to detain and seize the goods under inter-state movement under IGST Act – Officers of State are also competent for search, seizure and imposition of penalty in respect of violation of Central Enactments. Moreove

Goods and Services Tax – Jurisdiction of state authorities to detain and seize the goods under inter-state movement under IGST Act – Officers of State are also competent for search, seizure and imposi = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = =…

Levy of GST – The service by the Commission Agents as per the submissions of the applicant to the agriculturists of turmeric is service under the Heading 9986 and is taxed to 'NIL' rate of CGST & SGST

Goods and Services Tax – Levy of GST – The service by the Commission Agents as per the submissions of the applicant to the agriculturists of turmeric is service under the Heading 9986 and is taxed to = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = =…

Levy of GST on – applicability of Ocean freight Charges and System of double taxation with respect to import of raw materials – The applicant is liable to pay IGST on transportation of goods by vessel under Reverse Charge Mechanism (RCM)

Goods and Services Tax – Levy of GST on – applicability of Ocean freight Charges and System of double taxation with respect to import of raw materials – The applicant is liable to pay IGST on transpor = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = =…

Classification of goods – Concessional rate of GST – supply of Copper XLPE insulated armoured low tension cables – Whether the power cables supplied by the Applicant would be covered under the scope of SI. No. 1 of Notification No. 03/2017-CT? –

Goods and Services Tax – Classification of goods – Concessional rate of GST – supply of Copper XLPE insulated armoured low tension cables – Whether the power cables supplied by the Applicant would be = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

GST Adjustments in Returns

Goods and Services Tax – Started By: – akhil revuri – Dated:- 21-9-2018 Last Replied Date:- 21-9-2018 – Dear Expert,Please tell ,e how to solve the following issues?1) Forgot to show nil rated purchases in the FY 17-18 in 3B return. can we show that nil rated purchases in the current FY i.e., in 18-19?…

GST on Schooel fees charges by Schools

Goods and Services Tax – Started By: – alok saxena – Dated:- 21-9-2018 Last Replied Date:- 21-9-2018 – pl clear if any pvt School or coaching centre charges GST on Fees which Status of Refund and who will entitle to claim without GST noAlok Saxena8003398895 – Reply By SHIVKUMAR SHARMA – The Reply = No.You…

COLLECTION OF TAX AT SOURCE UNDER ‘GST’

Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 21-9-2018 – Date of effect The provisions of GST came into effect from 01.07.2017. Section 3 of the Central Goods and Services Tax Act, 2017 ( Act for short) provides that different dates may be appointed for different provisions of this Act…

Interest related

Goods and Services Tax – Started By: – Ramesh Prajapati – Dated:- 21-9-2018 Last Replied Date:- 21-9-2018 – Sir, A dealer has submitted gstr 3b of July 17 with following detalis.Output gst 100000Itc 80000Net gst paid 20000Later he rectified above data in December 17 gstr 3b as underOutput tax 250000Itc 150000 (Net gst 100000(itc adjusted…

Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) arrests two businessmenin a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods, involving evasion of approximately ₹ 79.21

Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) arrests two businessmenin a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods, involving evasion of approximately ₹ 79.21 crore on the taxable value of concocted supplies of ₹ 450 crore – Goods and Services Tax – GST…

Non GST Supply

Goods and Services Tax – Started By: – Archna Gupta – Dated:- 20-9-2018 Last Replied Date:- 21-9-2018 – Dear Sir/ MadamPlease clarify that is there any difference between Non-Taxable supply and Non-GST supply with examples.RegardsArchna Gupta – Reply By SHIVKUMAR SHARMA – The Reply = 1.Supply of Goods & Services That have Nil GST is…

TDS under GST on Import Transactions

Goods and Services Tax – Started By: – Ashok Swain – Dated:- 20-9-2018 Last Replied Date:- 21-9-2018 – Dear Experts, Kindly clarify whether TDS under GST has to be deducted from the payments made to foreign supplier on a/c of import of goods. The location of foreign supplier is outside India but the place of…

Levy of GST – liquidated damages for delay in erection, testing and commissioning – independent supply or not? – The appellant could have opted for harsh measures like termination of contract but instead it chooses to tolerate the delay in retur

Goods and Services Tax – Levy of GST – liquidated damages for delay in erection, testing and commissioning – independent supply or not? – The appellant could have opted for harsh measures like termina = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = =…

Rate of tax – supply and setting up of ‘solar power generating system’ – Supply of the said turnkey EPC contract is a ‘composite supply’ u/s.2(30) of the CGST Act, 2017. The said composite supply falls within the definition of works contract u/s

Goods and Services Tax – Rate of tax – supply and setting up of ‘solar power generating system’ – Supply of the said turnkey EPC contract is a ‘composite supply’ u/s.2(30) of the CGST Act, 2017. The s = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source =…

IMPORT OF MEIS LICENSE UNDER GST

IMPORT OF MEIS LICENSE UNDER GST – Goods and Services Tax – Started By: – Kusalava InternationalLimited – Dated:- 20-9-2018 Last Replied Date:- 21-9-2018 – We imported meis license from Taiwan.In GSTR = = = = = = = = Plain text (Extract) onlyFor full text:-Visit the Source = = = = = = =…

GST B2B AMENDMENT

Goods and Services Tax – Started By: – sachin poojary – Dated:- 20-9-2018 Last Replied Date:- 21-9-2018 – WHAT IS THE TIME PERIOD REQUIRED TO UPDATE IN CUSTOMERS GSTR2 WHEN AMENDMENT DONE IN GSTR1 B2B INVOICES – Reply By Yash Jain – The Reply = Hi, It's auto populated and is done immediately. Rgds –…

Late Fee on GSTR-3B

Goods and Services Tax – Started By: – ROHIT GOEL – Dated:- 20-9-2018 Last Replied Date:- 21-9-2018 – One of our client is having registration on amazon for sale of goods for which he has taken registration in GST. However sale during last year was NIL as such he has not filed GST returns i.e.…

Personal Inward Remittance

Goods and Services Tax – Started By: – Muralidharan Arumbakkam – Dated:- 20-9-2018 Last Replied Date:- 21-9-2018 – Dear SirMy son has sent for my maintenance from US in US$ to be credited to his NRE account for my maintenance. It is not a business receipt at all. I used to draw for my personal…

PART I: GST AUDIT REPORT COMMENTARY

Goods and Services Tax – GST – By: – AttnVivek Jalan – Dated:- 20-9-2018 – Part I: Commentary on Features of Audit Report under GST – Form 9C Form GSTR – 9C has been divided into 2 parts: Part – A: Reconciliation statement; Part – B: Certification by auditor; We hereby analyse Pt II as…

TAX DEDUCTED AT SOURCE UNDER ‘GST’

Goods and Services Tax – GST – By: – Mr. M. GOVINDARAJAN – Dated:- 20-9-2018 – Date of effect The provisions of GST came into effect from 01.07.2017. Section 3 of the Central Goods and Services Tax Act, 2017 ( Act for short) provides that different dates may be appointed for different provisions of this Act…

Seeks to insert explanation in an entry in notification No. 12/2017 – Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017.

Goods and Services Tax – 23/2018 – Dated:- 20-9-2018 – Government of India Ministry of Finance (Department of Revenue) Notification No. 23/2018-Union Territory Tax (Rate) New Delhi, the 20th September, 2018 G.S.R. 908 (E).- In exercise of the powers conferred by sub-section (3) of section 8 of the Union Territory Goods and Services Tax Act,…

Seeks to insert explanation in an entry in notification No. 9/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017.

Goods and Services Tax – 24/2018 – Dated:- 20-9-2018 – Government of India Ministry of Finance (Department of Revenue) Notification No. 24/2018-Integrated Tax (Rate) New Delhi, the 20th September, 2018 G.S.R. 907 (E).- In exercise of the powers conferred by sub-section (3) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13…

Seeks to insert explanation in an entry in notification No. 12/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017

Goods and Services Tax – 23/2018 – Dated:- 20-9-2018 – Government of India Ministry of Finance (Department of Revenue) Notification No. 23/2018- Central Tax (Rate) New Delhi, the 20th September, 2018 G.S.R. 906 (E).- In exercise of the powers conferred by sub-section (3) of section 11 of the Central Goods and Services Tax Act, 2017…

Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for inter-State taxable supplies

Goods and Services Tax – 02/2018 – Dated:- 20-9-2018 – Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 02/2018 – Integrated Tax New Delhi, the 20th September, 2018 G.S.R. …..(E).- In exercise of the powers conferred by the second proviso to section 20 of the…