GST- Goods And Service Tax
Add New Content
High Court sets aside order passed by 4 member
Intra-State supplies E-way bill is applicable from May 31, 2018 in Maharashtra
Financial year’s GST revenue collection was Rs. 7.19 lakh crore for 2017-18
Government - Surrender of tenancy rights against consideration liable to GST
AAR: 18% GST on Coaching services provided by private institutions
AAR: GST will be applicable on Supply of motor vehicles as scrap after its usage in business
AAR: Supply of food and beverages in trains are considered as supply of goods which doesn’t amount to service
Anti-Profiteering Provisions, Validity, Issues & Challenges under GST
27th GST Council Meeting’s Key takeaways
Soon GSTN conversion into a fully owned Government Company
One monthly return under GST excluding automatic reversal of credit
Accepted provisions in books of account for GST implication
Game changer E-Way Bill under GST
Exemption from Interest charged by Del Credere agent on short term loan : GST
GST exemption for interest charged by Del Credere agent on short term loan
Temporary transfer of copyrighted programme is not taxable under 'Programme producer service'
SEZ units guests & Hotel accommodation Services to employees are taxable outside SEZ as 'Intra-State' services
Intra-State E-way bill supplies are applicable from May 20, 2018 in Rajasthan
Rajasthan Sales-tax Act charge 10% tax rate on 'Coco, drinking chocolate & bournvita'
GST return simplified or complicated?
AAR : No exemption for Cleaning and housekeeping services provided to railways from GST
Due date extended for filing GSTR-3B for month of April 2018 to May 22, 2018
Gujarat AAR stated 18% GST rate on Outdoor catering services
No E-way bill is required for intra-State movement of goods having value upto Rs. 1 lakh in Maharashtra
GST Council approved formation of GST Appellate Tribunal
Taxation Update- Revised IT Returned filed after scrutiny notice is valid ITAT
GST Update- No GST on Ambulance Services to NHM
GST update GST Council to Pause Proposed GST Rate cut
GST Council gives incentives to Boost Digital Payments
GST Reverse charge from unregistered person exemption extended
New GST Migration Process Laid down by CBIC
Is Builder liable to pay service tax on house property maintenance
Part B of e way bill not filed, transporter faces whooping penalty of 1 Cr.
Ambulance Services Provided to the National Health Mission exempted from GST
GST- Krishi Kalyan Cess Credit not allowed under GST
No GST on cold storage services to Agriculture Produce
CBIC notifies new extended due dates for GST return filling
E-way bill mandatory for non-taxable supplies through delivery challan
GST % on Milk, Fertilizers etc
GST need simplification IMF
GST on loading unloading of goods within factory premises
Anti Profiteering charges against trader if GST rate cut isnt applied in MRP
CESTAT- Mere Printouts can’t be considered as admissible evidence
GST- scope of Input Tax Credit expanded in respect of Motor vehicles
GST Composition scheme updates
GST update- ITC now allowed on Canteen services to employees
GST Registration limit increased from 10 to 20 lakhs for 6 special states
GST registration simplified further.
Salary paid by head office to branch office employee in other states- GST applicable
Govt increases time limit for payment of tax & penalty for release of seized goods
Govt extends due dates for GSTR-3B and GST filing
Cotton and bandages used for Medicinal treatment fall under drugs- CESTAT
Providing Food via rented restaurants- does this comes under restuarants services?
CIBIC clarifies on e way bill validity when goods need to be stored while transportation
Sourcing Customers for bank loan is a business auxiliary service and would attract Service Tax- CESTAT
Helicopter Cargo Sling import - exempted from Customs Duty - CESTAT
Detention of Goods cant be initiated for minor mistakes in e-way bill generation- CBIC
Amendment of Registration for TDS & TCS can be done now
NAA imposes penalty on builder for not passing Input tax credit benefit to the customer
e-commerce companies to deduct 1% TCS from oct 1st
Affixing Brand name in current manufacturing facility- is manufacturer liable to pay duty on it?
New enhancements in E-Way bill generation form to be rolled-out from October 1, 2018
Internal Auditor cant conduct GST Audit- ICAI
GST council 30th Meeting key takeways
CIBIC Laid down standard procedure for operating on TDS under the GST Regime
Maharashtra State Govt. introduced 31 Reforms in GST structure to promote east of doing business.
GST Tax dues can be paid in installments now
Central government to bring GST informant reward scheme
GSTN Enabled new functionality
delayed IGST refund and will govt give interest on it?
Composition scheme – now no need to file purchase details while filing quarterly GST returns.
GST Refund for multiple tax period
Providing Canteen facilities to the employees- can it be considered as service? A focus on its terms and consideration.
Govt Extended the Rectification facility to shipping bills filed upto Nov 15 2018.
Providing Job work services to foreign customer- is GST applicable on it?
TDS on reimbursement of inland transportation charges- is exporter liable to deduct TDS from amount paid to agent?
changes in e-way bill generation w.e.f. 16th Nov
Penalty and delayed charges on loan EMIs – is GST applicable on it?
GST mistakenly paid under wrong head- can it be adjusted with one another?
Providing support services to overseas companies- is it export of service?
GST applicability on land given for long term lease
Cantering provided under B2C model- does it fall under canteen services?
Authorities can’t cancel GST registration certificate on technical error grounds- HC
Competent Authorities cant invoke Bank Guarantee until Assessee has no statutory remedy left- High Court
Due date for the filing of Form GSTR-7 for Oct 2018 to Dec 2018 extended till 31st Jan 2019
Central Govt to introduced new and simplified GST returns forms.
Goods can’t be seized if e-way bill was generated before the seizure order- High Court
Website receives commission from the services listings- is gst applicable on the commission or on the full amount received from the users?
GST Council 31st Meeting Key takeaways
Cheque bouncing Charges and GST applicability- AAR clarification
Repackaging and Relabeling of finished products- excise duty applicability on it.
Supplying goods to duty free shops at international airports in india- GST Applicability
Salary Disbursement on behalf of foreign based client- GST Applicability.
Reverse Charge Mechanism (RCM) applicable to some more services
Government waives late fees for GSTR-1, GSTR-3B and GSTR-4
CBIC simplifies GST Refund
Services by corporate office to branches in other states- GST view
Selling Religious products by Charitable/Religious trust- GST applicability on it
Businesses who do not file GST returns will be barred from generating e-way bills-Finance Ministry.
Highlights of 32nd GST Council Meeting
MSMEs gets relaxation from GST registration.
GST Process simplification for composition supplier-
Limit to avail composition scheme for goods increased- GST Council
e-way bill to be soon integrated with NHAIs FASTag to keep check on GST evasion.
Businesses may soon be able to rectify non IT technical errors in GST returns.
Penalty u/s 271B cant be levied if tax audit report is failed on technical grounds
Providing intermediary services in India for the foreign based client is supply of services- AAR
non-compete fee received is not taxable under GST- HC
GST Composition Scheme extended for services
Is ITC available on Hotel Accomodation to GM/MD of the Company
GST officer levy penalty of Rs.19 lakhs as vehicle driver deviated from the route for about 7 km
Delayed GST return- Govt. to initiate recovery of interest on gross tax liability.
Exporting goods to Free Trade and Warehousing zones, selling to Indian customers not liable for GST registration-AAR
GST registration to be taken from the place where supply of goods or services affected- AAR
ITC of Central Tax Paid in Haryana is not available to applicant registered in Rajasthan- AAR
No exemption from GST on Supply of manpower services to hospitals-cum medical colleges and State Universities- AAR
Buyer and recipient of Goods are different persons- when will be the Input tax credit available?
Inter-state supplies to unregistered person must be mentioned in GSTR-3B and GSTR-1: CBIC
GST Council 33rd Meeting reduces rate on house property
New features added to the GSTN portal
GSTR-9 can be filed on GSTN portal
GSTR-9 can be filed on GSTN portal
No GST on Free samples or Post sale discounts: CBIC
Major Changes in GST w.e.f. April 1, 2019
No GST on TCS levied goods- CBIC
Director’s Accounts can’t be attached for tax & penalty recovery- HC
Allowing Customers for Free use of medical instruments contitutes Supply & GST will be leviable- AAR
ITC not available if GST paid product is supplied as a Gift-AAR
New Functionality enabled on GSTN Portal
Annual Maintenance Contracts (AMCs) are composite supply- AAR
GST Council brings clarity on GST rate on real estate sector
Add New Video
GST Accounts finalization SAP IBA Training Review student Mehernosh Badhniwalla
GST Free Training by IBA