Table of Contents Introduction:Blocking/Unblocking of E-way Bills Generation :Frequently Asked Questions2. How does blocking take place in the e-waybill system?3. How does unblocking take place in e-waybill system?4. In spite of filing latest Returns, I have been blocked from e-waybill generation. What should I do?
GST on salary of CFO is wrong, clarified by CBIC. In a past development, a press release of CBIC was quoted. It was said that CBIC is going to ask for GST on the salary of CFO’s. The press release was not there on the
In its 4th and probably final round of extension and modification exercise in filing GSTR-9 and 9C, the Government has issued following yesterday: 1. Notification No. 56/2019-CGST dated 14th November 2019 notifying a. various changes in formats of GSTR-9 and 9C to give effect to
CBIC vide this notification, extended the due date of filing FORM GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Return) for the FY 2017-18 and FY 2018-19. Also, CBIC notified some amendments in both the forms for ease filing of returns. So, we have created an overview
Table of Contents Introduction:Table 5: Reconciliation statement is optional in amended GSTR 9CTable 12TABLE 14Changes in Part B: No need to upload cash flow if not availableChanges in part B: True and correct is corrected to “True and Fair”Download the Notification No. 56/2019 for full
Following are the FAQs on Rule 36(4) Notification No. 49/2019 – Central Tax, which clarifies the related issues of the notification on rule 36(4). Q1. What is the original source of this Rule 36(4)? Section 43A (4) of CGST (Amendment) Act, 2018 which states that :
Table of Contents Introduction: Rule 36(4) inserted vide Notification 49/2019 dated 9-10-2019Circular clarifies on the following points:5. The restriction is not supplier wise6. Ineligible ITC,Impact of GSTR-1 of big taxpayersImpact of GSTR-1 of small taxpayersIssue of Time Stamping of GSTR 2A8. Incremental uploading of InvoiceConclusion Introduction: Circulars are
Handbook on Accounting Treatment under Goods and Services Tax (GST): ICAI has released a handbook on accounting treatment under Goods and Services Tax (GST). The following treatments are covered in this handbook. Accounting Treatment under GST a. Accounting Treatment of Inward Supplies under GST b.
CERTIFICATE TO BE OBTAINED FOR CHARGING LOWER RATE C.B.I. & C. Instruction F. No. 354/52/2018-TRU Authenticated document to be relied upon by the developer to charge concessional rate of GST on CLSS housing.- As per the detailed Operational Guidelines available on Ministry of Housing and Urban
CBIC issues circular no. 122/41/2019 for clarification on 20% ITC rule: CBIC has clarified the issues on the implementation of rule 36(4) of CGST Rules. A circular is issues by CBIC. The copy of the circular is also attached here on the image. The following
