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Search results for: itc claim

File GST Returns for Past ITC

Upload GST Returns on the Portal to Avail Past Input Tax Credit, Kerala HC

The Kerala High Court ordered the administration to allow the applicant to upload the returns for the earlier period to claim the qualified Input Tax Credit (ITC). Section 139 (1) of the GST Act the applicant is the owner of Madhav motors who is a dealer in automobiles and was recorded under the GST Act, […]

Interest on Net Cash Tax Liability

Interest on Net Cash Tax Liability to Act Under GST Section 50, Bombay HC

The Bombay high court has canceled all the notices provided by the respondent authority stating that now the interest will be levied on net cash tax liability before the change in section 50 of Central GST Act, 2017 Get to know about GST levy terms on disposal of the company’s capital goods under the CGST […]

GST Commissioner Rights to Arrest Prior Finishing the Assessment

GUJ HC: Commissioner Authorized to Give Rights Arrest Before Finishing the Assessment

The Gujarat high court ruled that the commissioner has given the right to arrest before finishing the assessment. The applicant is the owner of M/s Heugo Metal who handles the trade and supply for the stainless steel as well as scrap and was utilizing the godown space. The applicant was not able to stay with […]

No IGST Exemption to Advance Authorisation License Holders

GUJ HC Rejects IGST Exemption for Holders of Advance Authorization Licenses

From October 2017 The Gujarat High Court has refused to refund the advance authorization licenses whose validity is on hold of the change driven by the central goods and service tax rules Get the brief introduction of SGST, IGST and CGST. We have mentioned their full forms, meanings and adjustments of input tax credit under […]

Govt to Build a Database of 'Risky' Companies

Govt. New Plan to Stop GST Evasion by Using Aadhaar Registration & AI

The government plans to have artificial intelligence (AI) as well as Aadhar enrolment to prepare the list of uncertain companies to examine the Goods and Services Tax (GST) theft. Thus there is a risk for such firms which will be stated as risky to track their activities as per the finance ministry. A racket of […]

GST REG 11 Form for Registration Extension

Easy Guide to GST Registration Extension Form Under REG-11

Basically, the GST registration is given with extensive validity. Although the validity date is liable in case of enrollment of random assessee as well as non-resident assessee. The random assessee or a non-resident assessee whose intention is to extend his GST registration Get to know the complete GST registration procedure online on the Indian government […]

18 Percent GST Rate for Liaisoning Services

18% GST Rate on Liaisoning Services by Branch of a Foreign Firm, KAR AAR

The Karnataka-based Authority for Advance Rulings (AAR) has ruled that Goods and Services Tax (GST) will be levied on Liaisoning services by the branch office (BO) of a foreign entity in India. It will come under taxation even if transactions between them happen without any consideration. The said decision came in a case related to […]

New Changes in GST RFD 01 Form

New Changes in GST RFD 01 Form Announced by Delhi Govt Officials

The Delhi Government announced the Delhi GST (Goods and Services Tax) (Seventh Amendment) Rules, 2019. The announcement attempts to change the Delhi GST Rules 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, 2017 which is […]

GST Notifications for GSTR-1 and Voluntary Annual Return

CBIC Updates Notifications for GST Annual Return & GSTR 1 Time Limit Extension

The Central Board of Indirect Taxes and Customs (CBIC) made two important announcements recently. In first It extended the due date of submission of Form GSTR-1 The complete guide for online filing GSTR 1 form in a very easy and step by step manner. We have explained its part 1 to part 13 with the […]

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