GST law

In this section, you will get all updates in GST law such amendment of gst act, updates in gst law , and many more……

20% ITC Computation Excel Tool

3,159 Views Circular No. 123/42/2019-GST dated November 11, 2019 clarifying restrictions on availment of Input Tax Credit (ITC) in terms of Rule 36(4) of CGST Rules, 2017 issued. Excel tool

About Comparison of Liability Declared and ITC Claimed under GST

579 ViewsGeneral 1. From where can I compare liability declared in Form GSTR-3B and Form GSTR-1 with ITC claimed in Form GSTR-3B and as accrued in Form GSTR-2A? Navigate to Services > Returns > Returns Dashboard > Select Financial Year & Return Filing Period > Comparison of liability declared and ITC claimed tile. In the “Comparison of liability declared and ITC claimed” tile, click …

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Rules of Input Tax Credit under GST

339 ViewsRULE 1: Credit can be utilized to pay off the liabilities in the following manner: (a) IGST input tax credit shall first be utilized towards payment of IGST liability and the amount remaining, if any, may be utilized towards the payment of CGST, SGST/UTGST liabilities in any order, before utilizing the CGST, SGST/UTGST credit. …

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Levy of GST on the service of display of name or placing of name plates of the donor in the premises of charitable organisations receiving donation or gifts by individual donors.

361 ViewsCircular No. 116/35/2019-GST F. No. 354/136/2019-TRU Government of India Ministry of Finance Department of Revenue (Tax research Unit) Room No. 146, North Block, New Delhi, the 11th October, 2019 To: The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Levy …

Levy of GST on the service of display of name or placing of name plates of the donor in the premises of charitable organisations receiving donation or gifts by individual donors. Read More »

Clarification on issue of GST on Airport levies.

318 ViewsCircular No. 115/34/2019-GST F. No. 354/136/2019-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit Room No. 146G, North Block, New Delhi, the 11th October 2019 To, The Principal Chief Commissioners/ Chief Commissioners (All)/ The Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, …

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Clarification on scope of support services to exploration, mining or drilling of petroleum crude or natural gas or both

502 ViewsCircular No. 114/33/2019-GST F. No. 354/136/2019-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit Room No. 146G, North Block, New Delhi, the 11th October 2019 To, The Principal Chief Commissioners/ Chief Commissioners (All)/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: …

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Clarification regarding GST rates & classification (goods)

691 ViewsCircular No. 113/32/2019-GST F.No.354/131/2019-TRU Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Tax Research Unit North Block, New Delhi Dated,11th October, 2019 To, Principal Chief Commissioners/ Principal Directors General, Chief Commissioners/ Directors General Principal Commissioners/ Commissioners of Central Tax and Customs Madam/ Sir, Subject: Clarification regarding …

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GSTR1,GSTR3B & GSTR7 की Due Date में बदलाव

520 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 48/2019 – Central Tax New Delhi, the 9th October, 2019 G.S.R. (E).- In exercise of the powers conferred by section 128 …

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Annual return for F.Y. 2017-18 and 2018-19 optional for small taxpayers whose aggregate turnover is less than Rs 2 crores

549 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 47/2019 – Central Tax New Delhi, the 9th October, 2019 G.S.R……(E).— In exercise of the powers conferred by section 148 of …

Annual return for F.Y. 2017-18 and 2018-19 optional for small taxpayers whose aggregate turnover is less than Rs 2 crores Read More »

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