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Search results for: supply under gst

GST Portal New Facility for Communication

GST Portal Opens Conversation Facility Between Recipient & Suppliers

The Goods and Service Tax Network (GSTN) has allowed the new convenience of “Communication between Taxpayers” on the GST portal. With the initiation of these facilities, the supplier and the applicant can talk with each other on the GST portal. They indeed also furnish a reply to the received communication on the portal. Latest Update […]

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, […]

GST Audit Notice

What Procedure You Should Follow After GST Audit Notice?

In the context of reducing the tax collections between the bogus invoicing and fake input tax credit, the GST council has now provided the notice to the assessee to conduct an audit. They sought details about the credentials from businesses concerning the fiscal years 2020-21 and Onwards. Latest Update The audit consists of an examination […]

Cloudtail (Amazon Seller) GST Registration Suspension

GST Registration Suspension of Cloudtail (Amazon Seller) Led to Major Supply Disruption

Cloudtail India is one of the largest sellers on Amazon.in Platform, recently its Goods and Service Tax (GST) registration was suspended in Haryana and due to this, the seller faced a major supply disruption. Cloudtail India is an Amazon-affiliated company owned by Prione Business Services, a joint venture between Amazon Asia-Pacific Holdings Private Limited and […]

12 Percent GST on Supply of Job Work and Works Contract

WB AAR: 12% GST Rate on Mixed Supply of Works Contract & Job Work

The West Bengal Authority of Advance Ruling (AAR) commanded that 12% GST is applicable on a blended supply of the job work and works contract The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services will. Read more. The petitioner is the […]

Problems Due to GST Framework

EEPC: GST Structure is Creating Difficulties for Engineering Companies’ Exports

The Engineering Export Promotion Council (EEPC) recently came up with a statement that the current rules-regulation and how they have been interpreted under the Goods and Services Tax (GST) framework are causing many difficulties for some engineering companies. The EEPC knocked on the door of the government and asked them to pay attention to this […]

Mandatory to Mention 8 Digit HSN in Tax Invoice

GST: 8 Digit HSN Mandatory for 49 Chemical-based Product

The Central Board of Indirect Taxes and Customs (CBIC) stated that 8 digit HSN Code is important for particular goods such as chemicals used for several things to manufacture. On 28th June 2017, CBIC changed the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.12/2017 Central Tax. For the […]

Full Details of GST QRMP Scheme

Info GST QRMP (Qtly Return Filing & Monthly Payment) Scheme

The Central Board of Indirect Taxes and Customs (CBIC) had published the Quarterly Return Monthly Payment Scheme. CBIC states that the enrolled individual to whom the return in form GSTR-3B is to be filed while providing the eligibility for QRMP, and those whose average turnover is Rs 5 cr in the previous fiscal year are […]

Penalty for P&G of INR 241CR

NAA: P&G Fines INR 241CR for Not Giving GST Rate Cut to Consumers

While the setback hit the market of multinational giant Procter & Gamble, the Anti-profiteering body of GST on Thursday seeks that the company of profiteering. P&G has told to give the amount of INR 241.5 cr. P&G in turn clarifies to the claims that they had followed all the legal options and works under the […]

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