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Fresh Guidelines for GST ITC Unblocking by Delhi Govt.

New Circular of GST ITC Blocking & Unblocking Rule 86A by Govt

On the concern of unblocking the ITC, the Delhi government has issued the rules beneath GST on the expiry of one year from the blocking date. The officers have the authority to restrict the ITC beneath Rule 86A of the GST Rules, 2017 which the assessee claims fraudulently. Sub-rule (3) of the articulated Rule prescribes […]

E-Vehicles Charging Services, 18% GST or Exempted?

Tax-Free or Attract 18% GST Rate on EV Charging Services

India supports the global electric vehicle (‘EV’) 30@30 campaign. By 2030, the country is seeking to have at least 30% of new vehicle sales. There is a need for an accessible and robust network of EV charging infrastructure to address the mentioned ambitious target. The functioning of an EV relies on the battery installed in […]

Daman and Diu AAAR Order

AAAR: 18% GST Rate Levy on Leaflet Falls & Pamphlet Printing

The Daman and Diu bench of the Appellate Authority for Advance Ruling ( AAAR ) has supported the order of AAR and carried that 18% GST appropriate on printing of Pamphlet & Leaflet comes beneath the class of supply of service. The petitioner is the owner of Temple packaging Pvt ltd and is involved in […]

New GST E-invoicing Rule for Firms T.O. 20Cr

GST E-Invoicing Guide for Business T.O. 20CR with Exemption

Knowledge of GST E-Invoicing Since October 2020, e-invoicing is executed in a phased manner. The history of e-invoicing is mentioned as: S.no Notification No. Turnover  Effective date 1 61/2020 – Central Tax 500 Crore 01/10/2020 2 88/2020 – Central Tax 100 crore 01/01/2021 3 05/2021 – Central Tax 50 crore 01/04/2021 4 01/2021 – Central […]

Tamil Nadu GST AAR Judgement for Shanmuga Durai Partnership Firm

TN AAR: GST Levy on Rent of Partner’s Property to Firm for Enterprise

The properties rented out by the partner to his partnership firm are subjected to pay the GST specified by Tamil Nadu authority for the Advance Rulings (TNAAR). The same would be applied despite when there is NIL rent. The petitioner, Chennai-based Shanmuga Durai is the Managing Partner of a partnership firm and indeed owns individual […]

Upcoming Improvement in GSTR-1 & IFF

List of Improvements in GSTR-1 and IFF on Portal for Taxpayers

The Goods and Services Tax Network ( GSTN ) has stated the GSTR-1/IFF enhancements on GST Portal. The statement provided by GSTN mentioned that the statement of the outward supplies in form GSTR-1 is to be filed through all the normal assessees on monthly or quarterly grounds subjected to it. The quarterly GSTR-1 filers are […]

tandard Operating Procedure Under GST

All About SOP Before Facilitation & Registration Under GST

Short Summary About SOP The standard operating procedure is a mechanism to create a preliminary direction towards any compliance and to complete the solution with the maintenance of certain rules within the process. The SOP is a general rule to be followed while every process is initiated. Overall the SOP is a major term to […]

GST Show Cause Notice Guidelines by Delhi Govt

Govt Releases Fresh GST Guidelines for SCN Distribution

Delhi government has circulated the rules on the issuance of the show cause notice under GST. a notice has been drawn of the competent head that in various cases non-speaking and vague Show Cause Notices (SCNs) would be provided in violation of the provision of the GST act and the rules build in it. Towards […]

Resolving GST Issues & Tax Rate Structure in Budget 2022-23

Focus on GST Slab Rate Rationalisation in Budget 2022 for Economy

Before the Union Budget 2022 which is to be announced on 1st, Feb 2022 businesses see the amendments and the reliefs in context to the fiscal year. People are seeking economic recovery and simpler compliance because all see towards the investment for India which proceed to the faster-growing economy in the world while the others […]

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