The CBDT vide its Notification No 49/2019 has inserted a new rule – Rule 36(4) in Central Goods and Services Tax Rules,2017. The New Rule is as follows :- “ (4) Input tax credit to be availed by a registered person in respect of invoices or debit notes, the details of which have not been […]
Restriction on availment of Input Tax Credit (ITC) w.e.f Oct 2019 Read More »
GST on license fee charged by the States for grant of Liquor licences to vendors
GST on license fee charged by the States for grant of Liquor licences to vendors Read More »
Clarification on the effective date of explanation inserted in notification No. 11/2017- CTR dated 28.06.2017, Sr. No. 3(vi)
Clarification regarding taxability of supply of securities under Securities Lending Scheme, 1997 [gview file=”https://bssridhar.com/blog/wp-content/uploads/2019/10/circular-cgst-119.pdf”]
Clarification regarding determination of place of supply in case of software/design services related to Electronics Semi-conductor and Design Manufacturing (ESDM) industry [gview file=”https://bssridhar.com/blog/wp-content/uploads/2019/10/circular-cgst-118.pdf”]
Clarification on applicability of GST exemption to the DG Shipping approved maritime courses conducted by Maritime Training Institutes of India [gview file=”https://bssridhar.com/blog/wp-content/uploads/2019/10/circular-cgst-117.pdf”]
Clarification on GST exemption to Maritime Courses Read More »
Levy of GST on the service of display of name or placing of name plates of the donor in the premises of charitable organisations receiving donation or gifts from individual donors [gview file=”https://bssridhar.com/blog/wp-content/uploads/2019/10/circular-cgst-116.pdf”]
Clarification on Levy of GST for Donors Read More »
As per GST Council decision, it was decided to continue with the existing system of filing GSTR 3B till March 2020. Notification 44/2019 prescribes the due dates for filing GSTR 3B Returns for the period from Oct’2019 to Mar’2020. GSTR 3B for these months shall be furnished on or before 20th of the month succeeding
Salient features of the Latest GST Notification Nos from 44-49/2019 dtd 9th Oct 2019 Read More »
The New return form CMP-08 , for GST dealers who have opted for payment of tax under Composition scheme is now available in the GST portal. The return for the period Apr 2019 – June 2019 can be filed now using the new form CMP 08. The last date for filing the CMP-08 for the
CMP-08 Return for GST Composition dealers available now & New Due date Read More »
The much awaited notification for prescribing higher Turnover limit for GST Registration in Tamilnadu has been issued. As per this notification, Any person who is engaged in exclusive supply of goods and whose aggregate turnover in a financial year does not exceed Rs. 40 lakhs, are exempt from taking Registration under GST. The benefit of
Notification on enhanced Turnover Limit for GST Registration Read More »
New GST Input Tax Credit (ITC) Set off procedure w.e.f. 01 st Feb 2019.
Important info on New GST ITC set off procedure w.e.f. 01st Feb 2019 Read More »
GST Set off rules changed w.e.f. 01st Feb 2019 The GST Amendment Act has been made applicable w.e.f. 1st Feb 2019. One of the important changes in the GST Amendments is that the manner of set off of Input Tax credit. Before amendment, the GST was Set off as under :- [table id=32
GST Set off rules changed w.e.f. 01st Feb 2019 Read More »
In the previous months if you have classified any Invoices as B2C invoice and uploaded the invoices and now if you want to reclassify the same as B2B Invoice with GSTIN details of your customers, the same was not possible till now. THE GSTN has enabled the option now. You can reclassify your B2C invoices
B2B INVOICES CLASSIFIED AS B2C IN PREVIOUS MONTHS GST FILING CAN BE AMENDED NOW Read More »
As you are aware, as per Section 9(4) of the CGST Act, GST is payable under Reverse Charge basis in respect of inward supplies from unregistered suppliers. This was deferred by notification till 30th of September 2018 earlier. Now another notification has been issued to defer the same till 30th September 2019. In view of
Reverse Charge payment of GST suspended till 30th September 2019 Read More »
