Blocking of EWB generation facility: Blocking/unblocking of EWB generation facility has been implemented on EWB Portal from 2nd December, 2019. Meaning of blocking: The blocking of E Way Bill generation facility means disabling taxpayer from generating E Way Bill (EWB), in case of non-filing of 2 or more consecutive GSTR 3B Return on GST Portal. Example: Taxpayers who […]
Blocking & Unblocking of E Way bill Facility Read More »
As per recommendation of the GST council to reduce the rate of GST on Job work charges to 12% , which was 18% earlier, in the Notification No 11/2017 –Central Tax (Rate) dtd 28-06-2017 and entry was inserted w.e.f. 01-10-2019. There were confusions amongst the taxpayers with regard to entries at items (id) & (iv)
Clarification regarding GST Rate on Job Work Read More »
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 »
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Clarification on issue of GST on Airport levies Read More »
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Clarification regarding GST rates & classification (goods) 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 announcement of the finance minister regarding the reduction of rate of Income-tax in respect of Domestic Companies to 22% has created lot of interest amongst all entrepreneurs to go into corporate form of business considering the tax benefits. The below table is a comparison of tax liability for various types of Organisations for different
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 »
