GST

NOTIFICATIONS Revised format/schema for e-invoicing issued by CBIC Revised format/schema under GST in Form GST INV-01, for the taxpayers whose aggregate turnover in a financial year exceeds INR 500 crore, has been issued. Also, Special Economic Zones (‘SEZ’) units have been excluded from generating e-invoices.…

ADVANCE AUTHORITY RULINGS Mere capability of removal and reuse elsewhere does not mean blocks are not permanently embedded to earth and hence can be used as moveable property with eligibility of credit. Applicant contention, that laying of paver blocks on land does not amount to…

NOTIFICATIONS Extension in due date to file annual return for composition suppliers in GSTR -4 for the financial year 2019-20 Due date to file Form GSTR-4 for the financial year 2019-20 has been extended from July 15, 2020 to August 31, 2020. Notification No. 59/2020-Central…

CESTAT RULINGS CENVAT credit in respect of service tax paid on rental of office outside the Company premises is allowed Restrictions that credit on material can be availed subject to them being brought in the factory is applicable in respect of inputs only and not…

NOTIFICATIONS Amendment in Rule 67A of the CGST Rules, 2017 to include GSTR-1 filing through SMS Rule 67A of the CGST Rules, 2017 has been amended to include GSTR-1 within the facility of filing returns through SMS. Now, both GSTR-1 and GSTR 3B (when Nil)…

NOTIFICATIONS Extended time period allowed to issue removal of difficulty order Time limit to issue removal of difficulty order, to remove any difficulty arising in giving effect to any provisions of the CGST Act, 2017, in terms of Section 172 of the Act has been…