Tag: GST

ITC can’t be claimed on GST paid on Inputs Services

October 26, 2021 By newtaxindia Off

ITC can’t be claimed on GST paid on Inputs Services procured to implement Promotional Scheme under ‘Buy n Fly’: The Tamil Nadu Authority of Advance Ruling (AAR) ruled that the Input Tax Credit (ITC) cannot be claimed on GST paid on inputs services procured to…

18% GST payable on Children Scooter & Activity Ride-on

October 26, 2021 By newtaxindia Off

The Tamil Nadu Authority of Advance Ruling (AAR) ruled that 18% GST payable on Children Scooter, Activity Ride-on, Smart Tri-cycle and Kick Scooter. The applicant, Joshna Candesh Shah are regular importers and traders of toys from various countries, they sell these goods in India, in…

Ready to receive Show Cause Notice under GST

October 22, 2021 By newtaxindia Off

The last dates of filing of the Annual Return under Section 44 of the Central Goods and Services Tax Act, 2017 (CGST Act, 2017), for the Financial Years 2017-18, 2018-19 & 2019-20 were as under: Sr. No.  Period Last date to file Annual Return 1 2017-18 05th &…

How to view and download Form GSTR-2B

October 20, 2021 By newtaxindia Off

How to view and download Form GSTR-2B? Manual > Viewing Form GSTR-2B How can I view and download Form GSTR-2B? Form GSTR-2B is an auto-drafted ITC statement which will be generated for every registered person on the basis of the information furnished by his/her suppliers in their respective…

Appeal and Notices under GST

October 14, 2021 By newtaxindia Off

GST are conveyed by the GST authorities. The notices are sent to the taxpayers to remind or alertness of any default and if they are not following any GST laws. In some case, the authorities sent the notices to just collect more information from taxpayers.…

E-way Bill not necessary for transporting personal effects

October 14, 2021 By newtaxindia Off

In Assistant State Tax Officer (Intelligence), Alappuzha v. VST AND Sons (P.) Ltd [WA NO. 914 OF 2021 dated July 22, 2021], the current application has been filed by the Department following the Writ Petition WP(C). No. 22304 OF 2020(K) dated October 21, 2020 wherein…

All about GST Audit

October 13, 2021 By newtaxindia Off

MEANING OF GST AUDIT: Audit under GST involve the scrutiny of records, returns and audit of all the other documents which is maintained by the registered person under GST. It also verifies the exactness of declared turnover, taxes which is paid, if refund is claimed,…