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Unregistered Individuals: 18% GST

Unregistered Individuals: 18% GST Rate on Invoices Under their Name

Mentioned in Circular 126 quoted on 22 Nov 2019, under GST surveillance, the individual who is an unregistered individual will have to pay the tax with 18% GST rate on goods manufactured under his name. Not only textile but other sectors such as jewellery, footwear, eatables, clay bricks, etc. come under the ambit of the […]

unblock feature e-way-bill

Blocking/Unblocking in E-Way Bill for GST Return Non-filers

In this post, we have summed up all the methods to both blocking as well as unblocking of the GST e-way bill generation for the taxpayers and assesses who have been out of the track in the fulfillment of government compliance. Also, we have attached all the rules and the screenshots of the complete process […]

Full Electronic Submission & Processing of GST Refund

CBIC: Full Electronic Submission & Processing of GST Refund Claims

Recently, the Central Board of Indirect Taxes and Customs has provided guidelines for the full electronic submission and processing of refund applications through FORM GST RFD-01A along with single disbursement via Circular No. 125/44/2019 – GST dated 18th November 2019. As per this latest GST circular, CBIC has made all the necessary arrangements to make […]

Annual Return Clarifications

Annual Return Clarifications Issued via Circular No. 124/43/2019 Under GST

The notification issued under section 148 of the Central Goods and Services Tax Act, 2017 on 9th October 2019 made it optional to file Annual returns for the fiscal year 2017-18 and 2018-19, for the registered persons whose aggregate turnover in a financial year is not more than two crore rupees and who have not […]

Dealers May Loose GST Registration

Non-filing the GSTR May Revoke Your GST Registration!

The Central Board of Indirect Taxes and Customs (CBIC) is contemplating on taking stringent actions against the non-filers which may also lead to cancellation of registration by Goods & Services Tax (GST) officials. Besides, the procession made in this context will also be updated daily as decided by the GST department. Tax officials figure out […]

Due Dates for Filing GSTR-1, 3B and 7

Jammu & Kashmir: CBIC Extends Due Dates for Filing GSTR-1, 3B and 7

Latest notification by the Central Board of Indirect Taxes and Customs ( CBIC ) of date December 12, 2019, notifies the extension of the due dates for filing GSTRs for the GST registered individuals whose primary location of the business is in the State of Jammu and Kashmir. The GSTRs whose due dates have been […]

ITC Effect on GSTR 1

ITC Effect of GSTR 1 Return Subject to 10% ITC for Purchase

As per the latest notification, dated 26th December, 2019, released by the Central Government, a few amendments in the Central Goods and Services Tax Rules, 2017, have been proposed. According to the new rule, “20 per cent” ITC for non-invoice returns is now replaced with “10 per cent” ITC, effective from the 1st January, 2020. […]

Discussion On GST Returns & Revenue

State & Centre Officials to Discuss GST Returns & Revenue Boosting Measures

The first-ever kind of meeting is going to be held between Tax officials from the states as well as the Centre to toss around the matters related to legality, administration, revenue, and implementation under the GST regime. The meeting will continue for the whole day but GST rates will not be a group thinks. The […]

Facility Re-open to File or Revise Tran-1

GST: Facility Re-open to File or Revise Tran-1 Form on Punjab & Haryana HC Orders

Supreme Court Stayed Punjab Haryana GST Tran 1 Form Orders In a recent turn of event, the supreme court has stayed the orders of Punjab and Haryana high court which had asked the GST department to reopen the facility of filing and revising the GST TRAN 1 form in both manual or electronic format. Goods […]

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