Blog

Mar 19, 2021

Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices

<!-- wp:paragraph --> <p>GST vide Circular No. 146/02/2021-GST dated 23rd February, 2021 has issued that QR Code shall be applicable on B2B invoices for taxpayers whose aggregate turnover exceeds Rs. 500 crores from 1st April, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_146.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_146.pdf</a></p> <!-- /wp:paragraph -->.....

Mar 19, 2021

Applicability of e-invoice to Notified Persons in respect of supply of goods or services or both to a registered person

<!-- wp:paragraph --> <p>GST vide Notification 05/2021 dated 8th March, 2021 has notified that e-invoice shall be applicable to the notified persons whose aggregate turnover exceeds Rs. 50 crores in a single financial year from 1st April, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-05-central-tax-english-2021.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-05-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 15, 2021

Waiver of Penalty to registered person for Non-Compliance of Issuance of Dynamic Quick Response Code (QR)

<!-- wp:paragraph --> <p>GST vide Notification No. 06/2021 dated 30th March, 2021 has waived the penalty to registered person for non-issuance of Dynamic Quick Response Code (QR) to un-registered person if the turnover exceeds Five Hundred Crores subject to exceptions till 30th June, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-89-central-tax-english-2020.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-89-central-tax-english-2020.pdf</a><br><a href="https://www.cbic.gov.in/resources//htdocs-cbec/g.....

Sep 15, 2021

Where assessee who was registered under Gujarat Value Added Tax Act, 2003 was granted provisional registration certificate in terms of section 139 under GST Act on basis of registration under VAT Act but due default in filing returns under VAT Act registration of applicant under VAT Act was cancelled and based on such cancellation, provisional registration of applicant under GST Act was also blocked/inactivated and final registration was not granted to applicant under GST Act, it was held that respondent-Authorities were directed to unblock/activate registration of applicant under GST Act and grant final registration certificate under GST Act and permit applicant to upload returns and pay tax under GST Act

<!-- wp:list --> <ul><li>vide decision of High Court of Gujarat in JAP Modular Furniture Concepts (P.) Ltd. v. State of Gujarat</li></ul> <!-- /wp:list --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The writ applicants are engaged in the business of import and sale of furniture.</li><li>The writ applicants were registered under the Gujarat Value Added Tax Act, 2003. Section 139 of the Central/Gujarat Goods and Services Tax Act, 2017 allowed migration of registration from earlier regime to the GST regime and provisional reg.....

Sep 15, 2021

Extension of due date for furnishing the details of outward supplies under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 12/2021 dated 1<sup>st</sup> May, 2021 has extended the due date for filing Form GSTR-1 for the month of April till 26<sup>th</sup> May, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-12-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-12-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 15, 2021

Extension of due date for filing Form GSTR-4 under CGST Act, 2017

<!-- wp:paragraph --> <p> GST vide Notification No. 10/2020-21 dated 1<sup>st</sup> May, 2021 has extended the due date for filing Form GSTR-4 for FY 2020-21 till 31<sup>st</sup> May, 2021 </p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-10-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-10-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 15, 2021

Extension of due date for filing Form GSTR-3B under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 08/2021 dated 1<sup>st</sup> May, 2021 has extended the due date for filing Form GSTR-3B for the months of March, 2021 and April, 2021. Please refer the link below for the extended dates:</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-08-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-08-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Extension of due date for furnishing the details of outward supplies under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 17/2021 dated 1<sup>st</sup> June, 2021 has extended the due date for filing Form GSTR-1 for the month of May till 26<sup>th</sup>June, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-17-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-17-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Extension of due date for filing Form GSTR-4 under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 25/2021 dated 1<sup>st</sup> June, 2021 has extended the due date for filing Form GSTR-4 for FY 2020-21 till 31<sup>st</sup> July, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-25-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-25-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Extension of due date for furnishing of FORM ITC-04 for Quarter Ending March, 2021

<!-- wp:paragraph --> <p>GST vide Notification No. 25/2021 dated 1<sup>st</sup> June, 2021 has extended the due date for filing Form ITC-04 for quarter ending March,2021 to 30<sup>th</sup> June, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax/notfctn-26-central-tax-english-2021.pdf">https://cbic-gst.gov.in/pdf/central-tax/notfctn-26-central-tax-english-2021.pdf</a></p> <!-- /wp:paragraph -->.....

Sep 16, 2021

Penalty cannot be charged by the GST Officer merely on the ground that E-way Bill has expired Where consignment of the petitioner was detained by Deputy State Tax Officer on ground that validity of E-way bill had expired and petitioner had to pay an amount towards tax and penalty for release of goods, it was held that there was no material before respondent to detain petitioner merely on account of lapsing of time mentioned in E-way bill and respondent was directed to refund amount collected from petitioner

<!-- wp:list --> <ul><li>vide decision of High Court of Telangana in Satyam Shivam Papers (P.) Ltd. v. Assistant Commissioner of Services Tax</li></ul> <!-- /wp:list --> <!-- wp:paragraph --> <p>Facts of the case:</p> <!-- /wp:paragraph --> <!-- wp:list {"ordered":true} --> <ol><li>The petitioner is a Private Limited Company registered under the Companies Act, 1956 and carries on trading business in all kinds of paper. It also has valid GST Registration.</li><li>It is the sole distributor of M/s. International Papers Limited, Andhra Pradesh, and it also effects inter-State purchases of paper.....

Sep 21, 2021

GST on service supplied by Central/State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them

<!-- wp:paragraph --> <p>GST vide Circular No. 154/10/2021 dated 17th June, 2021 has mentioned that Services supplied by Central Government, State Government, Union territory to their undertakings or Public Sector Undertakings (PSUs) by way of guaranteeing the loans taken by such undertakings or PSUs from the banking companies and financial institutions are exempt.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_154.pdf">https://www.cbic.gov.in/resources//htdocs-cbec/gst/Circular_Refund_154.pdf</a></p> <!-- /wp:pa.....

Sep 22, 2021

Applicability and Due date for filing Annual Returns for FY 2020-21 under CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Circular No. 30/2021 dated 30th July, 2021 has mentioned the applicability and due date for filing Annual Returns for FY 2020-21.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><br> i.Every Registered Person except the persons mentioned in the act whose aggregate turnover in the FY 2020-21 exceeds Rs. 2 crores are required to file Form GSTR-9 electronically on or before 31st December, 2021.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><br> ii.Every Registered Person except the persons mentioned in the act whose aggregate turnover in the FY 2020-2.....

Sep 22, 2021

Waiver of Late fee for filing Form GSTR-3B under CGST Act, 2017- extended upto 30th November, 2021

<!-- wp:paragraph --> <p>GST vide Notification No. 33/2021 dated 29th August, 2021 has waived the late fee for filing Form GSTR-3B.<br> i. Registered persons who failed to furnish Form GSTR-3B for the months /quarter of July, 2017 to April, 2021 by the due date but furnish the said return between the period from the 1st June, 2021 to 30th November, 2021, the total amount of late fee under section 47 of the said Act, shall stand waived which is in excess of five hundred rupees.<br> ii. In case where tax payable is Nil, the total amount of late fee under section 47 of the said Act, shall stand w.....

Oct 20, 2021

Addition of new entries under Reverse Charge Mechanism under the CGST Act, 2017

<!-- wp:paragraph --> <p>GST vide Notification No. 10/2021 dated 30th September, 2021 has added essential oils other than those of citrus fruit namely: -<br> i) Of peppermint (Menthapiperita);<br> ii)Of other mints: Spearmint oil (ex-menthaspicata), Water mint-oil (ex-menthaaquatic), Horsemint oil (ex-menthasylvestries), Bergament oil<br> (ex-mentha citrate)<br> under Reverse Charge Mechanism supplied by unregistered person to registered person.</p> <!-- /wp:paragraph --> <!-- wp:paragraph --> <p><a href="https://cbic-gst.gov.in/pdf/central-tax-rate/notfctn-10-2021-cgst-rate.pdf">https://cbic.....

© Copyright Themesflat 2018. All Rights Reserved.