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Work Contracts Applicability on Immovable Property

AAR: Immovable Properties with No Distinct Goods and Services Levy Work Contracts

The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services will attract Work Contracts. The said ruling comes into a case where Prasa Infocom & Power Solutions Private Limited is the applicant. And it is engaged in the business of providing data […]

GSTR 2B Form Under Existing GST Filing System

Helpful Guide to Auto-Drafted GSTR 2B with GSTR 2A Comparison

The government has decided to continue the existing GST (Goods and Services Tax) return filing system for the time being. In place of launching the new GST return filing system, the government will try to introduce advanced features to the older system. The government will be launching from GSTR 2B for the Input Tax Credit. […]

Transitional Credit Under GST is Mandatory

Madras HC has Held that Time Limit Under GST Transactional Credit, Mandatory

The High Court of Madras has held that the time limit under GST Transactional Credit is not a directory but mandatory. This ruling is the opposite of that issued by Bombay HC, which the Supreme Court has ut under stay. Transactional credit is the credit collected from central excise and service tax (the older indirect […]

Service Notice Under GST and IT Act

All About Service of Notice Under GST Regime & Income Tax Act

When a person reaches court seeking a legally required court order in a notice against another party or parties that may affect them and also deliver the same notice to other parties in a permitted way then the complete process is known as service of notice under GST (Goods and Services Tax) . A court […]

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 […]

No GST on Security Services and Manpower to Govt

NIL GST on Security Services & Manpower Supplied to Govt Authorities: AAR

The Authority of Advance Ruling (AAR), Gujarat, has ruled that any corporate providing security services and/or supplying manpower to the Central, State or Local Governments or any other government authority is eligible to claim an exemption of GST (Goods and Services Tax) for providing such services if the authority over the services are provided to […]

Pre-GST CENVAT Credit Available

Delhi HC: CENVAT Credit From pre-GST System Till 30th June 2020

The High Court of Delhi permitted taxpayers who are registered under GST to claim collected CENVAT credit from the pre-GST system till 30th June 2020 and that the high court also stated that the benefit of the transitional credit will be applicable for 3 years since the launch of GST on 1st July 2017.  It […]

SEZ: GST Relief for DTA Supplies

Special Economic Zones Might Get GST Relief for DTA Supplies

The government is planning to allot a bit of GST relief to SEZ (Special Economic Zones) for their supplies to Domestic Tariff Area (DTA), declared by a Finance Ministry Official. Above that, the GST department is planning to give some concessions to MSMEs that qualify for the composition dealer category so that they are taxed […]

GST Relief for Business Service Sector

FICCI Writes to FM Asking GST Relief for Business Service Sector

FICCI writes a letter to FM Nirmala Sitharaman highlighting the saturated position of the business service segment due to the COVID-19 outbreak in India. The business association (FICCI) stressed upon the urgent need for relaxations like GST rate cut, PF contribution support for the business service segment. The sector having the total employee accumulation of […]

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