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GST Portal New Option for TCS and Composition Taxpayers

New Facility in GSTR 8 for TCS & Composition Taxpayers on GST Portal

Recently the goods and services network portal has made some facilities available for all the composition and tax collected at source (TCS) taxpayers in the form. This has made some relaxation in the filing procedure for the taxpayers. Here we have detailed those introduction changes in the post, Check out them: Preparation to proceed the […]

No GST Charge on Construction Service Provider

NAA: GST Charges Against Construction Service Provider Null

The National Anti-Profiteering Authority has not determined the construction service provider, M/s Aryan Hometec guilty of profiteering. The petitioner says that he buys a flat in the project named as Aryan fountain square and states without any proof which includes VAT and service tax in MRP for flat during the booking and demanding 12% GST […]

GST Collection August 2020

GST Collection in August 2020 Declined to ₹ 86,449 Crores

The Finance Ministry released a statement on Tuesday and stated that GST collection declined for the second consecutive month to ₹ 86,449 crores in August. The August collection on a year-on-year basis was down 12%, compared to Rs 98,202 crore reported in the same month last year. Of the gross collection, Central Goods and Services […]

States Decline GST Council Proposal

States Reject Govt Proposal of GST Council Borrow to Fill Revenue Shortfall

Punjab, Delhi, Kerala, Telangana, and West Bengal are 5 states which are not ruled by the Bharatiya Janata Party (BJP). On Monday, August 31, 2020, all these 5 states rejected the proposal of the Central Government that has been suggested in the 41st GST Council Meeting Get all updates of the GST Council 41st Meeting […]

Imports and SEZ Supply to be Auto-Generated Under GST

Imports & Special Economic Zone Supply to be Auto-generated in GST

The inward and import supply by special economic zones can be seen by GST taxpayers because it is auto populated. Several kinds of buyings will be auto-populated under the Form GSTR 2B Check out the main features of the new GSTR 2B form under the current GST return filing system. The taxpayers will file GSTR […]

Not in Corporate Debtors Who Furnished Statements and GST Returns

Not Include in the Corporate Debtors Who Furnished GST Returns and Statements

The Delhi Goods and Services Tax (GST) council released a notification and stated that corporate debtors who have furnished statements and GST returns Get to know the online procedure of filing GST returns in India. We provide each and every GST form according to the taxpayers category under Section 37 and Section 39 respectively of […]

GST Audit Online Training for Officers

NACIN Ready to Share Training Skills with CBIC on GST Audit

The national academy of customs indirect taxes and narcotics has decided to provide the offline training with the audit for GST Know the brief explanation about different types of GST audit. Also, we added a comparison report between Statutory, Departmental, Special and Management Audit. read more to the administrators of CBIC. The dates announced for […]

GST Rate 18% on Renting of Commercial Space

Commercial Space Renting in Immovable Property will Attract 18% GST Rate

In response to a recent application filed by M/s Karnataka Food and Civil Supplies Corporation, the Karnataka Appellate Authority of Advance Ruling (AAAR) maintained the order of Authority of Advance Ruling (AAAR) and stated that renting of commercial space in the immovable property will attract GST Rate 18% Grab the information of revised GST slab […]

No GST ITC Then No Penalty for Profiteering

No Penalty for Profiteering if Input Tax Credit Under GST Deny: NAA

M/s Horizon Projects Pvt. Ltd has been found guilty by the National Anti-profiteering Authority (NAA) Get to know about complete guide of the anti-profiteering rules under GST in India. Also, we have attached Indian government provisional orders for profiteering although the penalty has not been imposed for refusing the gains of Input tax credit (ITC) […]

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