https://taxguru.in/goods-and-service-tax/composition-levy-scheme-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/composition-levy-scheme-gst.html Composition Levy Scheme under GST law The Composition Levy is an alternative method of levy of tax designed for small taxpayers whose
Category: GST
Inspection, Search, Seizure & Arrest under Goods & Services Tax Act
https://taxguru.in/goods-and-service-tax/inspection-search-seizure-arrest-goods-services-tax-act.html Clipped from: https://taxguru.in/goods-and-service-tax/inspection-search-seizure-arrest-goods-services-tax-act.html Inspection, Search, Seizure and Arrest 1. In any tax administration the provisions for Inspection, Search, Seizure and Arrest are provided to protect
GST Refunds- What you should Know
https://taxguru.in/goods-and-service-tax/gst-refunds-what-you-should-know.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refunds-what-you-should-know.html Refunds under GST Introduction: Timely refund mechanism is essential in tax administration, as it facilitates trade through release of blocked funds for
GST Refund of unutilised Input Tax Credit (ITC)
https://taxguru.in/goods-and-service-tax/gst-refund-unutilised-input-tax-credit-itc.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refund-unutilised-input-tax-credit-itc.html Accumulation of Input Tax Credit (ITC) happens when the tax paid on inputs is more than the output tax liability. Such accumulated
Registration under Goods and Services Tax (GST) law
https://taxguru.in/goods-and-service-tax/registration-under-goods-and-services-tax-gst-law.html Clipped from: https://taxguru.in/goods-and-service-tax/registration-under-goods-and-services-tax-gst-law.html Introduction: In any tax system, registration is the most fundamental requirement for identifcation of taxpayers ensuring tax compliance in the economy. Registration
Policy Initiatives for MSMEs under GST
https://taxguru.in/goods-and-service-tax/policy-initiatives-msmes-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/policy-initiatives-msmes-gst.html 1. In general, GST Law provides for beneficial treatment of small taxpayers through various provisions of the Act. (a) No registration required for
Job Work Under GST
https://taxguru.in/goods-and-service-tax/job-work-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/job-work-gst.html Introduction: Job-work sector constitutes a significant industry in Indian economy. It includes outsourced activities that may or may not culminate into manufacture.
Comprehensive Guide to GST E-Invoice System Implementation
https://taxguru.in/goods-and-service-tax/comprehensive-guide-gst-e-invoice-system-implementation.html lipped from: https://taxguru.in/goods-and-service-tax/comprehensive-guide-gst-e-invoice-system-implementation.html Introduction: Welcome to the realm of GST tax compliance, where the E-Invoice System revolutionizes the way businesses handle invoices. Mandated by the GST
Order cannot be deemed to be served in absence of proof of delivery
https://taxguru.in/service-tax/order-deemed-served-absence-proof-delivery.html Clipped from: https://taxguru.in/service-tax/order-deemed-served-absence-proof-delivery.html Shri Surya Prakash Gaur Vs Commissioner, Central Excise (CESTAT Delhi) Service of order by Speed Post cannot be deemed to be served
Reopening on ‘Borrowed Satisfaction’ Instead of ‘Independent Satisfaction’ is Unlawful
https://taxguru.in/income-tax/reopening-based-borrowed-satisfaction-independent-satisfaction-bad-in-law.html Clipped from: https://taxguru.in/income-tax/reopening-based-borrowed-satisfaction-independent-satisfaction-bad-in-law.html Paresh Babubhai Bahalani Vs ITO (Gujarat High Court) Gujarat High Court held that reopening of assessment under section 147 of the Income
Understanding GST Section 36: Period of Retention of Accounts
https://taxguru.in/goods-and-service-tax/understanding-gst-section-36-period-retention-accounts.html lipped from: https://taxguru.in/goods-and-service-tax/understanding-gst-section-36-period-retention-accounts.html Introduction: Goods and Services Tax (GST) in India has streamlined the taxation system by replacing multiple indirect taxes with a unified tax
No ITC on Solar Panel Goods/Services for Installation: AAAR Tamil Nadu
https://taxguru.in/goods-and-service-tax/itc-solar-panel-goods-services-installation-aaar-tamil-nadu.html Clipped from: https://taxguru.in/goods-and-service-tax/itc-solar-panel-goods-services-installation-aaar-tamil-nadu.html In re VBC Associates (GST AAAR Tamil Nadu) Introduction: The Appellate Authority for Advance Ruling (AAAR) in Tamil Nadu recently addressed the eligibility
GST registration Document List
https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-document-list.html The Goods and Services Tax (GST) in India is subject to turnover thresholds, varying for different states and business types. Understanding these
GST Appeal Amnesty Scheme 2023 : Full Procedure and Provision by CA Sachin M Jain
Clipped from: https://www.taxscan.in/gst-appeal-amnesty-scheme-2023-full-procedure-and-provision/347846/ Golden opportunity for all the taxpayers who missed filing an Appeal within the allowable time or whose appeal got rejected due to time-barred
Faceless scrutiny assessment under GST may take some time: GSTN official
https://www.business-standard.com/finance/news/faceless-scrutiny-assessment-under-gst-may-take-some-time-gstn-official-123112200600_1.html Clipped from: https://www.business-standard.com/finance/news/faceless-scrutiny-assessment-under-gst-may-take-some-time-gstn-official-123112200600_1.html The faceless assessment — under which there is no physical interaction between the tax officer and the assessee and no physical submission
Appellate authority can Entertain Appeal by Condoning Delay only upto 30 days after the normal expiry of 60 days: CESTAT
Appellate authority can Entertain Appeal by Condoning Delay only upto 30 days after the normal expiry of 60 days: CESTAT [Read Order] Clipped from: https://www.taxscan.in/appellate-authority-can-entertain-appeal-by-condoning-delay-only-upto-30-days-after-the-normal-expiry-of-60-days-cestat-read-ord/344367/ The
How To Identify A Fake GST Bill? Know The Process In Detail
How To Identify A Fake GST Bill? Know The Process In Detail https://www.msn.com/en-in/autos/photos/how-to-identify-a-fake-gst-bill-know-the-process-in-detail/ar-AA1kikkW?rc=1&ocid=winp1taskbar&cvid=fc58859536a24809fbc7f8e4ef9859b8&ei=4 The Goods and Services Tax (GST) system was introduced in India in
Last Date for Input Tax Credit Availment and Correction: Ensure Compliance via GSTR-3B Filing
Clipped from: https://www.taxscan.in/last-date-for-input-tax-credit-availment-and-correction-ensure-compliance-via-gstr-3b-filing/344564/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Last%20Date%20for%20Input%20Tax%20Credit%20Availment%20and%20Correction:%20Ensure%20Compliance%20via%20GSTR-3B%20Filing The due date for compliance with respect to the Input Tax Credit (ITC) availed and reversal of unutilised or ineligible ITC availed is