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Extension of Threshold for e-invoice| Automation of GST returns| Time limit of GST Scrutiny and other GST updates
The GST Department and CBIC keeps on issuing various notifications, circulars and instructions on small and big matters for ease of industries. Similarly, various updates are also made on GST portal to make the GST portal more automated and integrated with other portals.
By CA. Sachin Jindal
Last update on May 23,2023
Special All-India Drive Against Fake GST Registrations| CBIC Instructions
Central Board of Indirect Taxes and Customs (CBIC) has launched a special all-India drive to combat the rising menace of fake Goods and Services Tax (GST) registrations and the fraudulent passing of input tax credit (ITC).
By CA. Sachin Jindal
Last update on May 15,2023
SOP for Cancellation of GST Registration and for Repository of Non-genuine Taxpayers
Department of Trade & Taxes, NCT of Delhi has issued circular No. F.3(479)/GST/Policy/2023/346 dated 1st March 2023 specifying standard operating procedure (SOP) for cancellation of Registration and for a repository of Non-genuine taxpayers.
By CA. Sachin Jindal
Last update on May 15,2023
GST refund can’t be denied merely on the grounds of suspicion
M/s Bharat Exim (“The Petitioner”) filed refund applications in Form GST RFD-01 seeking refund of unutilized Input Tax Credit, consisting of IGST and Cess, on account of export of goods.
By CA. Sachin Jindal
Last update on April 25,2023
GST Advisories| Time Limit for generation of e-invoice| HSN-wise reporting in e-invoice
GST Department keeps on issuing advisory on various practical or technical issues faced by taxpayers to smooth the tax compliance processes. Recently the department has issued an advisory on various issues such as the Time limit imposed on the generation of e-invoices, HSN Wise reporting is made mandatory in e-invoices, GST registration by One Person Company, etc.
By CA. Vipin Tyagi
Last update on April 18,2023
Amnesty Scheme Under GST| Extension of time limit of Filing Application for Revocation of GST cancellation & Other Amendments
The government has once again issued multiple notifications on 31st March 2023 and came up with amnesty schemes for various GST returns such as GSTR-4 (Return of Composition Dealer), GSTR-10 (Final Return), GSTR- 9 (Annual Return) and return in response to notice under section 62.
By CA. Sachin Jindal
Last update on April 10,2023
GST on Work Contracts
Works Contract has been defined in Section 2(119) of the CGST Act, 2017 as “works contract” means a contract for building, construction, fabrication, erection, completion, construction, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property involving the transfer of property in goods; (whether in the form of goods or in any other form) involved in the performance of a such contract."
By CA. Sachin Jindal
Last update on March 27,2023
Place of supply for Transportation Service
Goods and Service Tax is a combined tax levied by both Center and state governments wherein the center and state get their share of tax depending upon the quantum of goods and services consumed in their jurisdiction. However, a transaction may involve more than one state such as the supplier is located in one state and the recipient is located in another state. In that case, how can it be determined where goods and services are consumed and to which government tax should be given.
By CA. Sachin Jindal
Last update on March 20,2023
Key takeaways from the 49th GST Council Meeting
The GST Council meeting was held for the 49th Time on 18th February 2023 under the chairmanship of the Hon’ble Union Finance & Corporate Affairs Minister. Key points of discussion were Clearance of Compensation cess dues to States, revision of GST rates of a few items, GST appellate tribunal and its structure, Capacity-based taxation and […]
By CA. Sachin Jindal
Last update on February 28,2023
Union Budget-2023-24| Amendments in Indirect Tax- GST & Customs
The indirect tax imposed on goods or services forms a significant part of government revenue and it also has a direct impact on inflation as it increases or decreases the cost of products. Therefore, changes in indirect tax form a significant part of the Union budget, and the entire industry keeps a close watch on the same.
By CA. Vipin Tyagi
Last update on February 6,2023

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