GST Updates
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223#GSTCase-80-Exemption from GST on Liquor License Fees: Minutes of 31st GST Council Meeting- Joint Secretary TRU-II stated “on merit, no decision was needed and only implementation instrumentality needed to be worked out which would be done at the officers’ level”
#GSTCase-80-Exemption from GST on Liquor License Fees: Minutes of 31st GST Council Meeting- Joint Secretary TRU-II stated “on merit, no decision was...
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282Anti-Profiteering Provisions-: Passing on the Benefit of Tax Rate Reduction to the recipient with commensurate reduction in the prices
Anti-Profiteering Provisions-: Passing on the Benefit of Tax Rate Reduction to the recipient with commensurate reduction in the prices-Part-I CA...
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202Section 171 vis-a-vis 54 of CGST Act: Whether by denying refund to the Suppliers U/Sec 54 of CGST Act, isn’t government carrying out Charity through provisions of Section 171 of CGST Act at the expenses of the supplier?
Section 171 vis-a-vis 54 of CGST Act: Whether by denying refund to the Suppliers U/Sec 54 of CGST Act, isn’t government carrying...
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1.2K1Critical analysis of ‘SO CALLED Composition Scheme’ for service providers
Critical analysis of ‘SO CALLED Composition Scheme’ for service providers ...
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1.1K31st GST Council Meeting Minutes:-Amendment to Section 50 of CGST Act, 2017 to allow payment of interest on net cash liability- GST Council meeting agenda provides that present Law allows part payment of taxes but it’s the inflexibility of the system which increases the interest burden
31st GST Council Meeting Minutes:-Amendment to Section 50 of CGST Act, 2017 to allow payment of interest on net cash liability- GST...
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571Option for reversing wrongly availed CENVAT credit under the existing law and inadmissible transitional credit through Table 4(B)(2) of FORM GSTR-3B no longer available to taxpayers
Circular No. 88/07/2019-GST dated 1st February 2019 mandates changes in Circulars issued earlier under the CGST Act, 2017. Circular clarifies that alternative...
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444Why did proposal to remove liability to pay interest in case recipient fails to pay to supplier within a period of 180 days was not incorporated in CGST Amendment Act, 2018
It has been widely discussed why proposal to remove liability to pay interest in case recipient fails to pay to supplier within...
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451
Clarification required on fate of Removal of Difficulty order No. 01/2017 dated 13th October 2017: Post Amendment to Section 10 of CGST Act, 2017 w.e.f. 1st February 2019:
The issue arises that what happens to the Order No. 01/2017 dated 13 October 2017 which was issued under Section 172 of...
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480Legacy of Declaration Forms to continue in GST- “Certificate” Regime gets another back door entry through Circular No. 80/2018 dated 31st December 2018
Circular No. 80/2018-GST Dated 31st December 2018 clarified at Point No. 11 regarding Applicability of GST on supply of Waste to Energy...
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496Circular No. 76/2018 dated 31st December 2018- Adds to the Confusion and seeks to overturn Principle laid down by Decision of High Court
There seems to be a new rule coming to the fore wherein CBIC Circulars are ruling the roast and major policy decisions...
