GST Penalty if Wrong Input Tax Credit availed or utilized Section of CGST Act 2017 Particulars Penalty 122(1)(vii) Takes or utilizes input tax credit without actual receipt of goods or services or both either fully or partially, in contravention of the provisions of this Act or the rules made thereunder; Rs. 10000 or… Read More »
GST Input Tax Credit Rules Changed from 01.02.2019 इनपुट टैक्स क्रेडिट नियम बदल गए Refer GST Input Tax Credit : Free Study Material
Circular No 9T of 2019 Dated 8th March 2019 No Settle /MMB-2019/I/ADM-8 Office of the Commissioner of State Tax, (GST), Maharashtra State, 8th floor, GST Bhavan, Mazgaon, Mumbai-400010. TRADE CIRCULAR To, ………………………… ………………………… No. Settle./MMB-2019/1/ADM-8 dated the 8th March, 2019 Trade Circular No. 9T of 2019 Subject : Settlement of Arrears of Tax, Interest, Penalty… Read More »
How to Claim Prepaid expenses ITC under GST Q: Insurance premium paid annually Rs 12000. 9 month falls in 2017-18 and 3 month falls in 2018-19. Thus 3 month insurance pre-paid. we have availed full ITC in tax invoice in 2017-18 year.Do we have to reverse ITC for 3 months treating as service not received in that… Read More »
Income Tax Act-As Amended by Finance Act 2019 (63rd Edition 2019) Paperback – 2019 by Taxmann (Author) Price Rs. 1515 to Buy Click here Product description As Amended by Finance Act 2019 Paperback: 1500 pages Publisher: Taxmann; 63rd Edition 2019 edition (2019)
GST Made Easy-Answer to all Your Queries on GST (Budget 2019 Edition) Paperback – 2019 by CA Arpit Haldia (Author) Price Rs . 737 to Buy Click here Product description Law stated in this book is as amended upto 1st February,2019 Paperback: 416 pages Publisher: Taxmann; 8th Edition 2019 edition (2019)
Direct Taxes Ready Reckoner (42nd Edition A.Y. 2019-20 & 2020-21) Paperback – 2019 by Dr. Vinod K. Singhania (Author) Price Rs. 992 to Buy Click here Product description The main features of the book are: Amendments made by the Finance Bill, 2019, are duly incorporated in respective Chapters of the Reckoner and are appropriately highlighted. Comprehensive analysis of amendments with illustrations is given separately in Reference 2: Amendments… Read More »
ANNOUNCEMENTCHARTERED ACCOUNTANT EXAMINATIONS MAY 2019 CA exams to be held in May 2019 have been rescheduled in terms of the announcemnt dated 11th March 2019, hosted on www.icai.org. CA May 2019 exams will now be held from 27th May 2019 to 12th June, 2019 Accordingly the last date for submission of exam application forms for May… Read More »
UDIN BEING MADE MANDATORY IN 2nd PHASE FOR GST & TAX AUDIT REPORTS Institute of Chartered Accountants of India You may be aware that Unique Document Identification Number (UDIN) has been made mandatory as per the Council decision taken at its 379th Meeting held on 17th – 18th December, 2018 in the following phases: All… Read More »
Breaking News I GST Composition Scheme Enabled for FY 2019-20 Related Post Last Date to Opt for GST Composition Scheme for FY 2019-20 GST Composition scheme cant be opted from middle of Year Changes in GST Composition Scheme from 01.02.2019 Notification No 14/2019 Central Tax : Composition Scheme Limit increased from 01.04.2019 Notification No 2/2019… Read More »