Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
Delay In Adjudication of SCN
Delay In Adjudication of SCN Under many corporate laws and also erstwhile Central Excise Act, Service Tax law, Customs Act, Foreign Trade( Development & Regulation )Act, there is no time limit prescribed under the law by which the Adjudication Order shall have to be passed.
Waiver of GSTR 3b late fees: Conditions apply
What GST council recommended for the Waiver of GSTR 3b late fees GST council agreed for a waiver of GSTR 3b late fees. Today GST council recommended for relief from GSTR 3b late fees. It is a long issue. Many taxpayers were aggrieved from the huge
CA Shafaly GirdharwalCritical Issues of GST
Critical Issues of GST This presentation is on the Critical Issues of GST. It is drafted by Advocate PK Mittal. This presentation covers the various issues in GST and various judgements in this regard. Coverage: Definitions Issues Judgements Definitions Covered: Section 7 of CGST Act,
Quasi-Judicial Authorities Must Record Reasons While Passing Order
Quasi-Judicial Authorities Must Record Reasons While Passing Order 1: Siemens Engineering and Manufacturing Co. of India Ltd. v. The Union of India MANU/SC/0211/1976: AIR 1976 SC 1785, the SC held that it is far too well settled that an authority who is in making an
Basics of Returns under GST
Basics of Returns under GST This presentation is on the Basics of Returns under GST. It is drafted by CA Venugopal Gella. This presentation covers the basic details regarding various returns and their legal provisions, such as: GSTR 1 is a Monthly/Quarterly Return that should be
Blocking of Electronic Credit Ledger
Blocking of Electronic Credit Ledger Blocking of the Credit Ledger as the term clarifies that the Credit Ledger has been Blocked. In other words, the assessee being refrain to make the payment of the output tax from the credit of the input tax on goods
GST on Directors Remuneration: Circular No: 140/10/2020
What will be the liability under GST on Directors Remuneration It is one of the complicated issues of GST. Recent AAR’s made it even more complex. AAR in case of Clay craft rejected it as a part of schedule III. GST on Directors Remuneration is clarified
GST Insight on Recent Notifications and Circulars
Notifications issued as on 9th June 2020 1. Notification 45/2020 dated 9th June 2020 The transition procedure prescribed by CBIC to ascertain tax period, to transfer ITC and taxes for persons whose place of business was in the erstwhile Union Territory of Daman and Diu
Validity of E-way bills further extended
The validity of E-way bills issues during COVID period: The validity of E-way bills issued under the following dates is extended till 30th June 2020. The E-way bill was issued on or before 24th March 2020. Its validity was expired before 20th March 2020. This
FAQ’s on GST return via SMS by GSTIN
FAQ’s on GST return via SMS. These FAQ’s are released by GSTIN. We have already published the step by step process on the filing of GST return via SMS. These are detailed FAQ’s. You can read that process here. When can Form GSTR-3B be filed
Download Free Excel Utility to Calculate GSTR-3B Interest
Free Excel Utility to Calculate GSTR-3B Interest GSTR 3b is the main return of GST. We make payment of tax while filing GSTR 3b. It is not only a return but also a mechanism for self-assessment. The late filing of GSTR 3B invites the liability
Bad Debts GST Implications (COVID-19)
Bad Debts GST Implications (COVID-19) Reduction in output tax liability Section 34 of CGST Act (Legal Text) (1) Where one or more tax invoices have been issued for supply of any goods or services or both and the taxable value or tax charged in that