Suggestions on GST Implementation Issues 28.09.2017 by ICAI 51. No interest recovery on the credit reversal on date of completion of building Section 50 of the CGST Act provides that every person who is liable to pay tax in accordance with the provisions of this Act or the rules made there under, but fails to… Read More »
Suggestions on GST Implementation Issues 28.09.2017 by ICAI 50. Matching, reversal and reclaim of input tax credit Section 42(1) of the CGST Act provides that the details of every inward supply furnished by a registered taxable person (hereinafter referred to in this section as the ‘recipient’) for a tax period shall, in the manner… Read More »
Suggestions on GST Implementation Issues 28.09.2017 by ICAI 49. Furnishing details of outward and inward supplies by the casual taxable person Section 37(1) of the CGST Act provides that every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the provisions of section 10 or section… Read More »
Suggestions on GST Implementation Issues 28.09.2017 by ICAI 48. Definition of Books of Accounts for the purpose of GST Section 35 of the CGST Act provides that every registered taxable person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true and correct account of production… Read More »
Suggestions on GST Implementation Issues 28.09.2017 by ICAI 47. Treatment of tax paid on units cancelled Under CGST Act, Section 34(2)provides that any registered person who issues a credit note in relation to a supply of goods or services or both shall declare the details of such credit note in the return for the month… Read More »
Suggestions on GST Implementation Issues 28.09.2017 by ICAI 46. Cancellation of Registration Section 29(2) of the CGST Act provides that the proper officer may cancel the registration of a person from such date, including any retrospective date, as he may deem fit, where, – – (a) a registered person has contravened such provisions of the… Read More »
Taxpayers can download and edit earlier uploaded details of GSTR 2 using the Offline Tool Download TaxHeal Mobile App Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars… Read More »
How ITC Values are calculated in GSTR 2 Download TaxHeal Mobile App Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars GST Judgments GST Judgments GST… Read More »
Date : Oct 21, 2017 Linking Aadhaar to bank accounts is mandatory Some news items have appeared in a section of the media quoting a reply to a Right to Information Act application that Aadhaar number linkage with bank accounts is not mandatory. The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank… Read More »
GST News 21.10.2017 by TaxHeal Download TaxHeal Mobile App Related Topic on GST Topic Click Link GST Acts Central GST Act and States GST Acts GST Rules GST Rules GST Forms GST Forms GST Rates GST Rates GST Notifications GST Act Notifications GST Circulars GST Circulars GST Judgments GST Judgments GST Press Release GST Press… Read More »