Ministry of Finance Government of India compulsorily retires 15 Senior Officers of the Indian Revenue Service (C &CE) with immediate effect Posted On: 18 JUN 2019 5:04PM by PIB Delhi In exercise of the powers conferred by Clause (j) of Rule 56 of the Fundamental Rules, the President of India has retired 15 officers of… Read More »
HIGH COURT OF GUJARAT Vasu Corporation v. State of Gujarat HARSHA DEVANI AND BHARGAV D. KARIA, JJ. R/SPECIAL CIVIL APPLICATION NO. 3395 OF 2019 MAY 2, 2019 Uchit N. Sheth for the Appellant. Soaham Joshi, Asstt. Govt. Pleader for the Respondent. JUDGMENT Harsha Devani, J. – Mr. Uchit Sheth, learned advocate for the petitioner has, inter alia, submitted that upon the… Read More »
INDIAN ACCOUNTING STANDARDS ( Ind AS ) [ Set of 2 Volumes] Rs 4890 Buy Online Click here Publisher: snow white (2019) As Amended by Companies (Indian Accounting Standards) Second Amendment Rules, 2019 (w.e.f. 1-4-2019) Ind AS 115, Ind AS 116 and other changes covered exhaustively Complex Ind AS’s (eg. Financial Instruments, Business Combination, Consolidation, etc) explained… Read More »
IGST refunds-Procedure for verification of IGST payments for goods exported out of India due to fraudulent ITC claims by some exporters. Circular No. 16/2019-Customs Circular No. 16/2019-Customs F. No. 450/119/2017-Cus-IV(Pt.I) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes& Customs) **** Room No. 227B, North Block Dated June 17, 2019… Read More »
Reply for General Penalty Proceedings u/s 125 To be released Shortly 1. When can a General Penalty be imposed on a taxable person? General Penalty can be imposed on a taxable person when he/she contravenes any of provisions of Section 125 of CGST/ SGST Act or any rules made thereunder, for which no… Read More »
GST Accounts and Records FAQs : Part 1: by TaxHeal 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… Read More »
GSTR 3B Late fees Changes from 1st April 2019 जीएसटी लेट फीस में बदलाव Related Post GSTR 3B due Dat3B Offline Utility : Download GSTRe What is the late Fees for not filing GSTR 3B on due dates ? Penalty for Delayed filing of GSTR 3B Return : CBIC Clarified Circular No 89/08/2019 GST :… Read More »
If you file GSTR 1 (outward Supply return ) after Due date ( Refer Due Dates of GSTR 1) , then you will be levied penalty to be called late fees under CGST Act 2017. Who is required to File GSTR 1 Form of return Person required to file return Periodicity GSTR-1 (Outward Supply) … Read More »
ZERO rated & NIL Rated Supplies under GST : Difference There is confusion as to what is ZERO rated & NIL Rated Supplies under GST Act NIL Rated Supplies under GST GST Act does not define ” Nil Rated Supply” but it defines “Exempt Supply” Section 2(47) of CGST Act 2017 “exempt supply” means supply of any… Read More »