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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…
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…
cIn a major drive initiated against fraudsters who are availing and utilizing fake Input Tax Credit (ITC) Thane Central GST Commissionerate, Mumbai CGST Zone has arrested a mastermind who had opened a firm M/s. Doshi Marketing and was operating from Bhayander West. He has indulged…
The Telangana Authority of Advance Ruling (AAR) ruled that the GST is payable on land after developing by erecting civil structures or Buildings or Complexes. The applicant, M/s. TIF Integrated Industrial Parks Pvt. Ltd. is a company formed by industrialists as required by the Telangana…
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? 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…
Goods and Service Tax Networks (GSTN) has issued the Advisory for taxpayers on Form GSTR-2B wherein it was stated that availability of ITC made available to the taxpayers in the Afternoon of 14th of every month. Form GSTR-2B is an auto-drafted ITC statement that is…
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.…
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…
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,…