Reduction in GST rates/exemptions on services on 31st GST Council Meet
Reduction in GST rates/exemptions on services: GST rate on cinema tickets above 100 shall be reduced from 28% to 18%
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Reduction of GST Rates on certain Goods on 31 GST Council Meet
I. GST rate reduction on goods which were attracting GST rate of 28% : A. 28% to 18% Pulleys, transmission shafts and
Read MoreImportant Updates of 31st Meet of GST Council
The GST Council in its 31st meeting held today at New Delhi made the following policy recommendations: 1) The due
Read MoreGST Audit Form (Form GSTR-9C)
GSTR 9C See rule 80(3) PART – A — Reconciliation Statement Pt. I Basic Details 1 Financial Year 2 GSTIN
Read MoreForm GSTR-9A
FORM GSTR-9A (See rule 80) Annual Return (For Composition Taxpayer) Pt. I Basic Details 1 Financial Year 2 GSTIN
Read MoreFormat of GSTR-9- Annual return under GST
1[FORM GSTR‑9 (See rule 80) Annual Return Pt. I Basic Details 1 Financial Year 2 GSTIN 3A Legal Name GSTR 3B Trade
Read MoreApplicability of GST Audit
Rule 80(3) of CGST Rules uses the expression “every registered person whose aggregate turnover during a financial year exceeds two
Read MoreLegal Provision of GST Audit
There are Two important provisions which are relevant and important in this context are Section 35(5) and Section 44(2) of
Read MoreTaxation of Lottery under GST Acts
Whether CGST Act, 2017 and IGST Act,2017 to the extent proposing to tax lottery is beyond the Constitutional definition of
Read MoreRevised return validly filed pursuant to notice u/s. 153A after Search & Seizure, is accepted, defects found in original return cannot be considered for imposing penalty u/s. 271(1) ©
The assessee filed return of income declaring a huge loss. Pursuant to the search and seizure operations u/s.132 and issuance
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