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Issues with GST Returns While WFH

WFH May Create Issues for GSTR 1 Filing and ITC, But How!

It came into the concern of the businessmen when Delhi Disaster Management Authority announced to keep private offices shut. While several of them have argued that it is not possible or feasible to work from home in every business. They also explained that it would not possible especially for the small business to work from […]

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 […]

Commissioner GST Refund Rule for M/s Stone Craft (India) Pvt Ltd

Tax Refund Not Acceptable for Non-Reversal of GST ITC U/S 54(3)

The tax refund will not take place towards the extent of the non-reversal ITC under GST said by the commissioner. The petitioner is the owner of the M/s Stone Craft (India) Pvt Ltd which is a 100% exporter and poses the business of purchasing, processing, and exporting of the natural stone and does not involve […]

1.5 Percent GST on Customers Flats Sale

WB AAR: 1.5% GST on Customers Flats Sale in Project Excluding Early Completion Certificate

West Bengal Authority of Advance Ruling (AAR) mentioned that 1.5% GST is needed to be imposed via customers for the selling of flats instead where the complete acknowledgment has been obtained post to issue of the completion certificate. The petitioner is the owner of Kayal Infra which is engaged in the construction of the property […]

GSTN Added Interest Calculator Feature in GSTR 3B

GSTN Added Interest Calculator Feature in GSTR 3B on GST Portal

Towards the assessee and for supporting the assessee as a service measure in executing the correct self-assessment an upgraded functionality of the interest calculator has been introduced inside GSTR-3B. The same functionality would come at the system calculated interest upon the grounds of the tax liability values as mentioned via assessee. The interest is subjected […]

ICAI Wants Audit and Certification Provisions

ICAI Urges Govt. to Reverse Audit & Certification for GST Annual Return

As per a recent update, the Institute of Chartered Accountants of India has requested the Central Government to bring back the audit and certification provisions associated with GST annual returns. The institute said the scrapping of audit and certification provisions would hamper compliance. As per the official statement, ICAI said “Eliminating audit would lead to […]

GSTN New Changes for GSTR 1 and IFF

GSTN Amends Features for GSTR 1 & IFF UI in December 2021

The Goods and Services Tax Network (GSTN) has enabled some new features on the GST portal for taxpayers. GSTN has told about various changes made in Form GSTR-1 or IFF with an aim to improve the taxpayer’s experience on the portal. These improvements have been made to the GSTR-1 and GST IFF (Invoice Furnishing Facility) […]

Allahabad HC Charges Penalty on GST Officials

Penalty on GST Officer for Harassment While GST Registration

Allahabad high court levied the penalty on the GST dept towards the harassment concerning copying the electricity bill towards furnishing GST enrollment. The applicant Ranjana Singh is being involved in the business to furnish the employment via consultancy that comes in the purview of UP. GST act. The application has applied to provide the GST […]

Must File GSTR 1 on Time from 2022

Timely e-File GSTR 1 Form from 2022 to Avoid GST Litigation

What is the Amendment Circulated via Govt in Filing GSTR-1 & 3B from 1st Jan 2022? Earlier taxpayers (Supplier) were unable to furnish GSTR-1 or practice the IFF on the GST portal if they had due GSTR-3B filings for the past two months (monthly filer) or for the last quarter (quarterly filer) as per CGST […]

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