Daily Archives: November 27, 2018

Guide to GST Audit and Annual Returns  Book by Snowhite Publications

By | November 27, 2018

Guide to GST Audit and Annual Returns by CA Vineet Sodhani (Author), CA Deepshikha Sodhani (Author), Sodhanis.com (Contributor) Covering ♦ Annual Return [GSTR-9 & GSTR-9A] Clause-wise analysis Action-points Linkages with Monthly/Quarterly returns ♦ GST Audit Appointment and Responsibilities of Auditor Audit Approach Audit Checklists ♦ Preparation of Reconciliation Statement [GSTR-9C] ♦ Relevant Extracts of GST Act/Rules/Forms Also covering : ♦ Critical… Read More »

Pay GST with no ITC on supply of pure food from sweetshop-cum-restaurant as it is supply of Service : AAR

By | November 27, 2018

whether supply of pure food items such as sweetmeats, namkeens, cold drink and other edible items from a sweetshop which also runs a resturant is a transaction of supply of goods or a supply of service; [Also refer  New GST Books   ]  Held Where applicant has a sweet shop in ground floor and a restaurant in… Read More »

GSTR-3B allowed to be filed manually due to technical errors in GST Portal : HC

By | November 27, 2018

GSTR-3B allowed to be filed manually Tran-I credit not reflected in in GSTR-3B The GSTR-3B form – in the relevant table dealing with eligible ITC, talks of total ITC available; ITC reversed and the net ITC available. As the deadline for completing this form and availing the credit is 20.10.2018, the respondents are hereby directed… Read More »

Procedure for IGST Refund on Export of Goods from Non-EDI ports : Instruction No 20/2018 Custom

By | November 27, 2018

The CBIC has prescribed the procedure for processing IGST refund claims for exports made from Non-EDI ports. Firstly, the export data is to be captured using offline utilities and transmitted by the field formations to DG (Systems) by e-mail. [Also refer  New GST Books  ]  Refund of IGST paid on exports of goods done from Non-EDI… Read More »

Standards on Internal Audit (SIAs) as issued by ICAI

By | November 27, 2018

Standards on Internal Audit (SIAs) as issued by the Institute of Chartered Accountants of India – (27-11-2018) Preface to the Framework and Standards on Internal Audit  Framework Governing Internal Audits  Basic Principles of Internal Audit  Standard on Internal Audit (SIA) 210, Managing the Internal Audit Function  Standard on Internal Audit (SIA) 220, Conducting Overall Internal… Read More »

Reconstitution of Central Board of Trustees, Employees’ Provident Fund

By | November 27, 2018

Reconstitution of Central Board of Trustees, Employees’ Provident Fund HO No. Conf. 4(1)2003/11104 dated 26/11/2018 MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 9th November, 2018 S. O. 5668(E).—In exercise of the powers conferred by sub-section (1) of section 5A of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 ( 19 of 1952),… Read More »