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GST Appeals and revision rules released
GST Appeals and revision rules GST Appeals and revision rules are released by CBEC. 1. Appeal to the Appellate Authority (1) An appeal to the Appellate Authorityundersub-section (1) of section 107 of the Act shall be filed in FORMGSTAPL-01,[either] electronically [or otherwise] as may
GST Accounts and records rules released
GST Accounts and records rules ACCOUNTS AND RECORDS 1. Maintenance of accounts by registered persons (1) Every registered person shall keep and maintain, in addition to the particulars mentioned in sub-section (1) of section 35, a true and correct account of the goods or services
GST Advance ruling rules released
GST Advance ruling rules GST Advance ruling rules are released by CBEC. 1. Qualification and appointment of members of the Authority for Advance Ruling The Central Government and the State Government shall appoint an officer having the experience of not less than three years in
GST Rules on Audit and Assessment
GST Rules on Audit and Assessment GST Rules on Audit and Assessment are released by GSTIN. These rules contains the procedures related to Audit and Assessment in GST. Sl. No. Purpose Form 1 Application for payment on provisional basis GST ASMT-01 2 Notice on receipt
GST E-way bill rules released
GST E-way bill rules released GST E-way bill rules released are released by CBEC today. These rules are draft rules. It contains the provisions related to E-way bill in GST. We can generate an E-way online through GST common portal. A supplier,recipient or transporter can
Schedule II of CGST Act: Deemed goods/services
Schedule II of CGST Act: Deemed goods/services Section 7 of CGST Act defining the word supply. This term is the taxable event in GST. Schedule II of CGST Act is the part of Supply itself. SCHEDULE II of CGST Act [Section 7] ACTIVITIES TO BE
Schedule I of CGST Act no consideration supply
Schedule I of CGST Act Definition of supply refer the schedule I for supply even without consideration. Here we have provided the Schedule I of CGST Act. SCHEDULE I [Section 7] ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION 1. Permanent transfer
Updated Schedule III of CGST Act: items out of GST
Schedule III of CGST Act Schedule III of CGST Act contains the items which are neither a supply of goods nor services. This schedule is the part of definition of Supply. SCHEDULE III [Section 7] ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS
Download GST Rules & Bills as passed by parliament
Download GST Rules & Bills as passed by parliament CGST Act is the law passed by the parliament of India for CGST. This tax will levy on all intrastate transactions along with SGST/UTGST. States will pass their respective SGST Act. IGST Act is the law
Credit of excise duty to traders under GST on opening stock
Credit of excise duty to traders under GST on opening stock This is a long awaited provision. Traders have excise duty component in their stock. But they dont have any proof of that excise duty.Credit of excise duty to traders under GST on opening stock
Forms for composition dealer in GST
Various forms for composition dealer in GST Here we have summarized the Various forms for composition dealer in GST. Rules for composition scheme are released by GSTIN. Composition scheme is for the small traders having a turnover of upto Rs. 50 Lac.Although newly passed CGST Act
Revised GST return rules issued by CBEC
Revised GST return rules issued by CBEC Revised GST return rules issued by CBEC. These rules contains the important provisions related to returns in GST. Returns are one of the most important compliance in GST. Thus to comprehend in GST detail knowledge of return provisions