• twitter-icon

Search results for: GST Act

Fraud Availment of ITC Invoice/Bill

Delhi Govt: Fraud Availment of ITC Sans Invoice/Bill Cognizable & Non-Bailable

The Delhi Government released the Delhi Goods and Services Tax (Amendment) Act, 2020, for the purpose of making amendments in the Delhi Goods and Services Tax Act, 2017. In section 2 of the Delhi GST Act, 2017, for clause (114), clause (c) and (d), the clause “Dadra and Nagar Haveli and Daman and Diu, Ladakh”, […]

Services are Intermediary to Facilitate Supply of Products

AAAR: Services are Intermediary to Facilitate Supply of Products without a Supply on Own Account

An advance ruling had been passed by the Authority of Advance Ruling (AAR) Get to know about AAR (Authority for Advance Rulings) under GST India along with its mechanism. Also, we have described its objectives, powers, orders, etc that states that “Services are intermediary services to facilitate the supply of products without a supply on […]

Avadi Project: Penalty & 18% Interest Imposed by NAA

Avadi Project Denied ITC by Mahindra, Interest & Penalty Imposed by NAA

The National Anti-Profiteering Authority (NAA) has imposed a penalty on M/s Mahindra Lifespace Pvt. Ltd. as it did not provide completed benefits of ITC (Input Tax Credit) A complete guide for understanding the basics of input tax credit and it calculation with detailed examples under GST (Goods and Services Tax) India to the property buyers […]

Supply of Goods on Behalf of a Registered Person

Interstate Trade to Include Goods Supplied on behalf of a Registered Person from Another State to a Place in the Home

The Authority of Advance Ruling (AAR), Goa, has held that all kinds of supply of goods or services Get to know GST provisions and rules on the free supply of goods. Also, we have included rules regarding ITC reversal on free supplies of goods and services made on the behalf of a registered person from […]

New MSME Udyam Registration

All About New MSME Udyam Registration Process with Penalty

After receiving the recommendations of the Advisory Committee for MSME Udyam Registration the central Government comes up with: The government introduced some specific criteria for classifying the enterprises as micro, small and medium enterprises. Also notified about the form and the process of filing the memorandum (Udyam Registration), w.e.f 1st day of July 2020 GST […]

Distribution of ITC Under Circular No.133

Distribution of Input Tax Credit in Business Reorganization by CBIC

The Central Board of Indirect Tax and Customs (CBIC) declared clarification on the distribution of the Input Tax Credit for the cases of business reorganization like a merger, demerger, amalgamation, change in constitution or change in the ownership of the business mentioned under section 18 (3) of the Central Goods and Services Tax (CGST) Rules […]

Third Amendment Rules 2020

Centre to Shortly Announce The Third Amendment Rules 2020

The Centre has come up with amendments in the laws under section 164 of the CGST Act 2017 widely acclaimed as ‘The Third Amendment Rules 2020’ Modifications in the Rules made by the government: Mandating the Aadhaar Authentication Aadhaar authentication is mandatory for the grant of registration to businesses in India. As per the memorandum […]

Inquire Construction Service

NAA To DGAP: Inquire Construction Service Under PMAY Scheme

NAA which stands for the National Anti-Profiteering Authority has recently directed DGAP to investigate profiteering allegations on the supply of construction services under Pradhan Mantri Aawas Yojna (PMAY). The first applicant had filed a petition before the Standing Committee on Anti-profiteering stating that “the Respondent had resorted to profiteering in respect of the supply of […]

Circular No 129 SOP for Non-Filers of Returns

CBIC Issues Circular No. 129/2019 SOP for Non-Filers of Returns

Central Board of Indirect Taxes and Customs has issued guidelines on the Operating Procedure to be followed by the tax officers against the Non-Filers of GST Returns. After noticing that different actions are carried out against non-filing of respective returns, CBIC decided to resolve the disparity and ensure the consistency in the application of the […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Current GST Due Dates