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RCM on renting of motor vehicle amended via 29/2019-CTR dt. 31-12-2019
Important changes in RCM on renting of motor vehicle: 29/2019-Central Tax (Rate) ,dt. 31-12-2019 Notification no. 13/2017 amended w.e.f (1) (2) (3) (4) 15 Services provided by way of renting of any motor vehicle “designed to carry passengers where the cost of fuel is included
CA Shafaly GirdharwalMerchant Export vs Deemed Exports in GST
Introduction: Exports always attract tax incentive since these increase forex reserves. Even under GST the benefits continued. Accountants sometimes get confused or interchangeably use the words Merchant exports and Deemed Exports. This article is an attempt to bring the clarity on both the concepts and
There are few validation issues in ANX-1
There are few validation issues in ANX-1 1. State once selected in 3A of ANX-1 reappears in next selection also 2. Rate once selected also reappears in next selection too 3. Non marking of supply u/s 7 of IGST doesn’t stop the pop up for
38th GST Council Meeting dated 18-12- 2019
Extension of Date of Filing GSTR 9 and 9C Date for GSTR 9 and 9C for 2017-18 has been extended to 31-1-2020. Earlier Extensions for GSTR 9 and 9C are as under: GSTR-1 Late
GST council meet today, whats in pipeline?
GST council is going to meet today. Indian economy is facing a slow down. This meeting is expected to take some important policy decisions. These decisions may have long term impact on Indian economy. Some expected actions are: Cess on some supplies: Government may take
CA Shafaly Girdharwal
GST ConsultancyExchange rate Of Foreign Currencies from 6/12
Exchange rate Of Foreign Currencies from 6/12: Customs notification no.88/2019 – Customs (N.T.) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No.88/2019 – Customs (N.T.)
Direct recovery when 3b is not filed
Introduction: Direct recovery u/s 79 can be initiated when the taxpayer filed GSTR 1 but skipped GSTR 3B. Direct recovery when 3b is not filed can be done.This is a landmark case. The impact of filing of GSTR 1 and then not paying tax by
CA Shafaly Girdharwal3 New Functionalities on registration on GST Portal
3 New Functionalities on registration on GST Portal 1. Taxpayers can now see all the GSTINs mapped to the same PAN across India. At the time of filing the Part A of the registration application form for new registration. All other GSTIN in the same
Method of Reporting e-Invoice to GST System
Some FAQ’s on Method of Reporting e-Invoice to GST System 1. In addition to the above, we understand that electronic invoice which will be uploaded on GST portal will be authenticated and IRN will be allocated for each e-invoices generated. a. Yes, the e-invoice will be
GST ConsultancyE-way bill auto blocking from 2nd December 2019
Introduction: E-way bill auto blocking has been started from 2nd December 2019. Non-filers of GST return will be restricted from doing further business in this way. We have compiled some important questions related to this hurdle. A taxpayer is required to generate an E-way bill
Uploading supporting documents with the GST refund application
Introduction: As we are aware that a new refund module is live on GSTN portal from 26-10-2019. Now all refund applications will be filed online on GSTN portal. We need to upload all documents with the GST refund application online. This is a challenge and
Learn GST with our GST Course Season #4 Starting from 7th Dec
Update your GST knowledge by Joining our GST course: GST is going to be harder and harder each and every day. We at Consultease try to make it simpler and easier to comply with GST issues. We are again here with ur GST course. You