Dec 112018
 

E-way bills –detailed analysis w.r.t. generation of E – way bills Legal background (Section 68 of CGST act and Rule 138A): Section 68. (1) The Government may require the person in charge of a conveyance carrying any consignment of goods [Read More]

Dec 042018
 

GST paid under wrong heads – IGST instead of CGST / SGST Relevant provision of GST laws: IGST Act CGST / SGST / UTGST Section 19 (1) A registered person who has paid integrated tax on a supply considered by [Read More]

Nov 222018
 

Consequences of non filing to regular return in GST Who are non fillers for the purpose of section 62 of GST act? A non-filer is a taxpayer who has not met his tax filing obligation by the due date of [Read More]

Nov 172018
 

Detailed analysis of credit notes and debit notes under GST Meaning of terms Financial credit notes: A taxable person may issue a credit note reducing the value of original supply without tax attributable to the reduction claimed. Such credit notes [Read More]

Nov 152018
 

Auidt under GST: person covered and annual return to be furnished Meaning of Audit in GST: The definition of Audit given in Section 2(13) of Central Goods and Services Tax Act, 2017(CGST Act) as “audit means the examination of records, [Read More]

Nov 132018
 

Exemptions for charitable trust : GST Exemptions available to charitable trust: Exemption from Section / NN Summary of exemption Income Tax Section 11 and Section 13 Complete exemption of income from tax net GST NN 12/2017 Central Tax (Rate) NN [Read More]