Finance bill 2019 introduced new changes in CGST Act: Clauses 91 to 112 of finance bill 2019 introduced changes in CGST Act. These changes are important. Following is a brief table of all changes. Sl.No Clause Amendment Impact 1 Clause No.91 Section 2 Adjudicating
Introduction: CBIC clarified the issues related to ITes services in GST. Circular No. 107/26/2019-GST New Delhi, Dated the 18th July, 2019. Subject: Clarification on doubts related to supply of Information Technology enabled Services (ITeS services) – reg. Various representations have been received seeking clarification on issues
Introduction:Changes via CGST (fifth amendment) Rules Notification no. 33/2019 – Central Tax has changed the CGST rules. Following changes are incorporated in CGST rules.Changes via CGST (fifth amendment) Rules are summarised below. Rule 12 of CGST rules: In clause 1A words “to deduct ” shall be
Finally the due date of CMP 08 is extended by CBIC. Notification no. 34/2019 – Central Tax issued on 18th July 2019 extended the date for filing of CMP 08. Taxpayers was in amess as the form was not live on the portal. Earlier the
In GST AAR on M/s Chowgule & Co Pvt. Ltd.,the applicant has the query regarding applicability of IGST on import of iron ore. Following is GST AAR of M/s Chowgule & Co Pvt. Ltd. Order of GST AAR on M/s Chowgule & Co Pvt. Ltd.
IGST Act PDF with all amendments: Dear all, You can download the IGST Act PDF with all amendments to date. It is amended by following two amendment Acts. IGST Amendment Act 2018 Finance Bill 2019 (proposed amendments) These changes are incorporated in the Act itself.
ITC on other state’s tax, Can we claim it? 1. A businessmen would come across scenarios wherein they would have received supplies from the State’s where they are not registered and the place of supply would also happen to be the said State and not
Introduction: CBIC has issued Circular 105/24/2019-GST on treatment of Post Sale Discount also known as Secondary discount under GST Regime. The matter has been under litigation, in view of which CBIC has vide Circular No. 105/24/2019-GST (hereinafter refereed to as ‘the Circular’) clarified the certain
आयकर रिटर्न भरने की तैयारी मे हमे किन किन चीज़ो का ध्यान रखना चाहिए जिस से हमे भविष्य मे कोई दिकत ना हो: आयकर रिटर्न भरने से पहले क्या तैयारी करें:- नॉन ऑडिट के केसेज में 31 जुलाई। उसके बाद पेनल्टी। सरकार ने तारीख बढ़ाने
ITC of a motor vehicle in GST: Every taxpayer is eligible for ITC taken on inward supplies used for business. Even the supplies intended to be used for business are eligible. Section 17(5) of CGST Act lists the items not eligible for ITC. This section