Full Text of the Notification "G.S.R……(E):- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Government, on the recommendations of the Council,…
A proviso has been inserted in clause (i) of the Notification No. 35/2020-Central Tax, dated the 3rd April, 2020 this Notification was amended by Notification No. 55/2020 -Central Tax Dated 27th June, 2020 and Notification No. 65/2020 -Central Tax Dated 27th June, 2020 Full Text of…
Central Board of Indirect Tax and Customs (CBIC) has issued administrative instruction on 18th September, 2020. The said order has been addressed to all the commissioners of Central Tax and Director General. The said instruction inter-alias en-lights legal background governing the most debatable topic in…
Advisory on Delinking of Credit Note/Debit Note from invoice, while reporting them in Form GSTR 1/GSTR 6 or filing Refund Till now, original invoice number was mandatorily required to be quoted by the taxpayers, while reporting a Credit Note or Debit Note in Form GSTR-1…
The following fields are mandatory for Table 9B of GSTR-1 (for Credit/Debit Notes to registered dealers) Receivers GSTIN Receivers name will be auto-populated once Receivers GSTIN is entered Debit/Credit Note No. Debit/Credit Note Date Note Type Note Value (₹) POS Supply Type Inter-State Intra-State Snapshot…
COURT RULINGS Challenge to validity of Rule 86A of the CGST Rules Rule 86A of the CGST Rules, to the extent it gives power to block credit at no fault of the recipient, has been challenged. Further, the same has been challenged to be ultra-vires…
UN-UTILIZED CREDIT OF CESSES, LYING IN CENVAT LEDGER AS ON 30.06.2017 HELD TO BE VESTED RIGHT AND TO BE REFUNDED IN CASH Delhi Tribunal holds; That credit of Education Cess, Secondary & Higher Education Cess and Krishi Kalyan Cess earned by the applicant vested right…
NOTIFICATIONS Timelines for compliance or action by any authority, which is required to be done under provisions of Section 171 of the CGST Act, 2017, have been extended Timelines for completion of compliance or action by any authority which has been prescribed under Section 171…