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Search results for: Section 74

Recovery Process Due to Mismatch in GSTR 1 and 3B

Self-assessed Tax Recovery for Mismatch in GSTR 1 vs 3B Returns

Process for a Recovery Towards the Mismatch in GSTR 1 & 3B The Central Government presented modification to Section 75 (12) of the CGST Rules, 2017 through inserting an illustration so as to retrieve self-assessed tax without having to resort to proceedings u/s 73 or Sec 74 of the CGST Act, 2017. The illustration describes […]

Overview of GST CT Notifications No. 38 and 39/2021

Explanation of Central Tax GST Notifications No. 38 & 39/2021

The 2 GST notifications are furnished dated 21st Dec 2021 so as to draw the specific GST amendments into the compliance imposed from 1st Jan 2022. GST Central Tax Notification No. 38/2021 The same ask for drawing down the imposition of the particular sub-rules of Rule 2 Central Goods and Services Tax (Eighth Amendment) Rules, […]

SCN Timeline for Annual Return U/S 44

GST Show Cause Notice Arriving Due to Annual Returns

The due date to furnish the yearly return beneath section 44 of the Central Goods and Services Tax Act, 2017 (CGST Act, 2017), towards the FY 2017-18, 2018-19 & 2019-20 provided as: Sr. No. Period “Last date to file Annual Return” 1 2017-18 “05th & 7th February 2020 (Notification No. 06/2020-Central Tax, dated 03.02.2020)” 2 […]

CBIC Instructions on Issuance of GST SCN

CBIC Fresh Guidelines on Issuance of GST Show Cause Notices

The Central Board of Indirect Taxes and Customs (CBIC) published the directions upon issuance of Show Cause Notices (SCNs) within the said time. A brief analysis to sought the trend for the event of GST evasion and fraudulent ITC claim registered along with the number of SCNs given with respect to the FY 2017-18 (w.e.f. […]

GST Amendments in Budget 2021

Finance Bill 2021: Brief Details of All Major GST Amendments

The budget 2021, which was announced by the Finance Minister on Feb 1, 2021, proposed many changes in a range of finance sectors. The sectors which were affected the most by the recent Indian budget are taxation, personal finance, pensioners, etc. A number of proposals for amendment in certain GST rules were also proposed by […]

Provisional Order Cant be Challenged by Writ Petition

HP HC: Provisional Order Can’t be Disputed by Writ Petition in GST

The Himachal Pradesh High Court ruled that the Provisional Attachment Order will not be challenged via Writ Petition. Below Section 74 of Himachal Pradesh Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017 Get the brief introduction of SGST, IGST and CGST. We have mentioned their full forms, meanings […]

Notice to Govt Over Blocking of GST ITC by Gujarat HC

Notice to State & Center Due to ITC Blocking Under GST Rule 86A

Beneath Rule 86A Gujarat High Court announced the reports to the Central and State over blocking of Input Tax Credit (ITC). The petitioner, Surat Mercantile Association has furnished the application where it is written that challenges the constitutional validity and vires of Rule 86A of the Central GST Rules Get the brief introduction of SGST, […]

Manual Guide of GST DRC 03, 04 & 05

Everything About GST DRC-03, DRC-04 & DRC-05 User Manual

The applicability of DRC-03 in the payment done by the taxpayer is given in the article including the complete process and payment verification with DRC-03. Also, the article post will be showing the acknowledgement issuance of payment via DRC-04 or the proceeding of conclusion through DRC-05 with the payment clause in the GST-CBIC application. The […]

GST Commissioner Rights to Arrest Prior Finishing the Assessment

GUJ HC: Commissioner Authorized to Give Rights Arrest Before Finishing the Assessment

The Gujarat high court ruled that the commissioner has given the right to arrest before finishing the assessment. The applicant is the owner of M/s Heugo Metal who handles the trade and supply for the stainless steel as well as scrap and was utilizing the godown space. The applicant was not able to stay with […]

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