GST on Liquidated Damages / Fine / Penalty for non performance of Contract 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 »
GST Summon Judgments on Summon in GST GST Officer not allowed to summon customers of assessee to stop further payments to assessee u/s 70 : High Court Summons can not be issued by CGST officer if SGST officer already initiated proceedings on same issue : High Court Q: What to do if GST department officer… Read More »
Place of Supply in GST with Examples Place of Supply in GST has to be determined as per IGST Act 2017 notified by Govt of India Why Place of Supply in GST is Important ? Place of Supply’ under GST is an important factor as it defines i) The taxable event under GST is the ‘Supply’… Read More »
When a person Can not Claim ITC under GST Here is the list of cases under which you can not claim Input Tax Credit under GST 1 Person not registered : If a person is not registered under GST , he can not claim Input Tax Credit. Eligibility and conditions for taking input tax credit… Read More »
Input tax credit reversal when finished goods are destroyed Video Tutorial by CA Satbir Singh in Hindi Q. We are manufacturers of chemicals. The goods produced in a particular batch are not of correct quality. We cannot sell it or use it. We want to destroy them for quality reasons. Does the GST law allow… Read More »
Works Contract in GST : वर्क्स कॉन्ट्रैक्ट : GST News [Part 186] : TaxHeal.com
Section 269ST – Cash Receipt Rs 2 Lakh Banned w.e.f 01.04.2017 Section 269ST Income Tax Act 1961 : Finance Act 2017 of India has been inserted by Finance Act 2017 w.e.f 01.04.2017 . It provided restriction on Cash Receipt of Rs 2 Lakh or more. This provision being new, there is still a lot of confusion and… Read More »
How to file TDS and TCS Credit Received on GST Portal [ Refer Video Description for Free Videos on TDS under GST and TCS under GST ] FAQs on TDS and TCS Credit Received 1. What is “TDS and TCS Credit Received” tile in Returns Dashboard? “TDS and TCS Credit Received” tile has been provided to all the… Read More »
F. No. 225/351/2018-ITA (II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** Room N0. 245A, North Block New Delhi, the 14th December, 2018 To All Principal Chief Commissioners of Income Tax All Director Generals of Income Tax (Investigation) Sir/Madam Subject: Information regarding bogus donation racket under section 35(1)(ii)… Read More »
Ministry of Finance Goods and Services Tax (GST) evasion Posted On: 14 DEC 2018 During the current financial year (between April 2018 to November 2018) 3196 cases involving an amount of Rs. 12766.85 Crore have been identified. Suspected GST Evasion amounting to Rs. 12766.85 has come to the light till the month of November, 2018.… Read More »