Summons under GST – Guidelines
CBIC has issued guidelines for issuance of summons. Some relevant guidelines are- (i) Summons should indicate if the person summoned is...
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Sale of developed plots does not attract GST
Land may be sold either as it is or after some development such as leveling, laying down of drainage lines, water lines, electricity...
Reverse Charge on rent-a-cab provided by non-body corporate to body corporate
Reverse charge will apply on services of renting of motor vehicle designed to carry passengers (where cost of fuel is included)...
“GST Trade Circular by Maharashtra GST for inviting public comments on changes in Form GSTR-3B”
In consequence of the 47th GST Council held at Chandigarh, draft GSTR-3B has been released in the public domain to invite public...
Supreme Court Issues Directions for Implementation of DIN by State Tax Officer
Apex court has directed Union of India/GST Council to issue necessary advisory/instructions to states regarding implementation of DIN in...
Single Click NIL Return Filing of GSTR1/IFF
GSTN has introduced single click NIL return filing feature on GSTR-1/IFF dashboard to improve user experience. Advisory for same has been...
E-invoicing applicable on AATO 10 Crore
Government has notified e-invoicing to be applicable on taxpayers having annual aggregate turnover exceeding INR 10 crore in any FY from...
Transitional Forms open for filing for 2 months
Hon’ble Supreme Court has directed as follows- (i) GSTN is directed to open common portal for filing concerned forms for availing...
Table 3.1.1 in GSTR-3B for reporting supplies liable to tax by E-commerce Operators
According to section 9(5) of CGST Act, 2017, Electronic Commerce Operator (ECO) is required to pay tax on supply of certain services...
Withholding of Refund on Export with Payment of IGST
Withholding of Refund on Export with Payment of IGST Principal Director General/Director General of Directorate General of Analytics and...
Annuity for Construction of road is exempt from GST
Hon’ble Karnataka High Court quashed Circular No. 156/06/2021-GST which clarified that annuity paid as deferred payment for construction...
GSTN Advisory on GSTR-3B
1. W.e.f. 5th July 2022 format of GSTR-3B has been amended to report information on ITC correctly availed, reversal thereof, and declared...
Composition scheme: Late fee waived till June for delayed filing of GSTR-4
The composition dealers under the composition scheme whose turnover is less than Rs. 1.5 have an extended time period till 30th June 2022...
“Voluntary” recovery of tax during search/investigation Whether valid?
In view of various writ petitions filed before Hon’ble High Courts against alleged voluntary deposit of tax dues during...
Cross charge invoices – Whether basis required?
JSW Steel (Odisha) was served with a notice for allegedly transferring excess unutilised Input Tax Credit from its mining business in...
Shakti Shiva Magnets Pvt. Ltd. Vs Assistant Commissioner & Ors.
Pleased to share Hon’ble Delhi High Court order argued by our Partner Adv. Saurabh Singhal. Hon’ble High Court noted/observed as follows...
Revamped Search HSN Code Functionality on GST Portal
The Search HSN Code functionality has been enhanced, where the taxpayers can search the HSN code and the applicable Technical description...
Tax on restaurant service by e-commerce operators
Till date, in respect of rent-cab-service, hotel services by unregistered persons, and services by way of house-keeping, were taxable at...
DGFT: SEIS for services exports during 2019-20
DGFT has issued SEIS benefits for FY 2019-20 by offering a reward @ 3%/5 % of NFE. A limit on total entitlement under SEIS capped at Rs....