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Reimbursement of discount is taxable under GST: AAR Kerala
AAR of Santosh Distributors Kerala: Reimbursement of discount is taxable: Although Circular No. 105 dated 28-06-2019 has been withdrawn by Circular No. 112 dated 3-10-2019. But the ghost of Circular is not yet over, as is evident from Kerala AAR ruling in Santosh Distributors [2019]
Original copy of Santosh Distributors AAR Kerala
Santosh Distributors AAR Kerala: It is a ruling observed by Kerala authority. You can download it by clicking on the following links.
English PDF of Companies appointment and qualification of Directors (fifth amendment rules)
English PDF of Companies appointment and qualification of Directors (fifth amendment rules)
Hindi PDF Companies appointment and qualification of Directors (fifth amendment rules)
These rules are issued by MCA. There are called Companies appointment and qualification of Directors (fifth amendment rules) The version in Hindi:
12 SUGGESTIONS FOR SIMPLIFICATION OF GST LAW
12 SUGGESTIONS FOR SIMPLIFICATION OF GST LAW, PROCEDURES & FORMS It is to provide ease of business to dealers & to make GST “simple” and Help to clear mess created under GST so that compliance level can be increased. (October 2019) 1. FOR ITC MATCHING
Do you need to pay GST on discount?
Introduction: relevance of 105/2019 There is a lot of hue and cry over the taxability of post-sale discounts in GST. Recently CBIC withdrawn their circular number 105/2019 dated 28-06-2019. The circular was about the taxability of the post-sale discount. A question was there, Do we
CA Shafaly GirdharwalOct 14, 2019How to calculate max ITC in GSTR 3b?
What is changed related to ITC in GSTR 3b? In light of recent updates in GST, we have compiled this article. Rule 36 is inserted into CGST rules. The text of the same is reproduced here. This rule is the latest reason for the nightmares
CA Shafaly GirdharwalOct 14, 2019Certificate Course on Ind AS (with numerical questions): Weekend Batch at Delhi
Certificate Course on Ind AS (with numerical questions): Weekend Batch at Delhi Intended for: • CA, CS, CWA, ACCA (including Experienced, Freshers and CA, CS, CWA Finalists) • IFRS Aspirants seeking career in this discipline • CFO & Finance Director • Analysts, Accountants • Auditors
RCM on services by Directors: Part II
Introduction to the issue: RCM on services by Directors is a complex issue. I wrote an article on this same issue for a basic understanding. Why is it complex? All companies registered in GST are facing the heat of this issue. Entry no. 6 of
CA Shafaly GirdharwalOct 10, 2019ITC=2A+20% of reflecting in 2A: new rule
CGST rules amended: ITC=2A+20% of reflecting in 2A. This is the new rule to claim ITC in GST. The new amendment in CGST rule may make you sad. Now you need to be more compliant. Otherwise, your buyer will lose ITC of invoices. This amendment in
CA Shafaly GirdharwalOct 10, 2019GSTR 3b is the return: CGST rules amended
Retrospective amendment in CGST Rules: CGST rules amended retrospectively by CBIC. A retrospective amendment is inserted. Now GSTR 3b is the return required to be filed in lieu of GSTR 3. In a recent Gujrat high court ruling, it was held that GSTR 3b is
CA Shafaly GirdharwalOct 10, 2019Set of notifications on 09/10/2019
Notifications on 09/10/2019 released by CBIC: Not. No. Coverage 44/2019-Central Tax ,dt. 09-10-2019 Seeks to prescribe the due date for furnishing of return in FORM GSTR-3B for the months of October, 2019 to March, 2020. 45/2019-Central Tax ,dt. 09-10-2019 Seeks to prescribe the due