GST

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Rajasthan Authority for Advance Ruling – Salary Paid to Directors is liable to GST under Reverse Charge?

Matters on which ruling is sought Whether GST is payable under Reverse charge Mechanism on the salary paid to Director of the company who is paid salary as per contract? Whether the situation would change from...

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DUE DATES TO FILE GST RETURNS, LATE FEE AND INTEREST, AND OTHER RELEVANT UPDATES

Due dates of Filing Form GSTR-3B Taxable month Due date Refer note 1 Due date Refer note 2 Due date Refer note 3 Mar-20 20-04-2020 22-04-2020 24-04-2020 Apr-20 20-05-2020 22-05-2020 24-05-2020 May-20 ...

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Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) – Ministry of Electronics and Information Technology

The Government on 01.04.2020 has come up with a proposed scheme for financial assistance to boost domestic manufacturing and attract large investments in the electronics value chain including electronics compon...

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Production Linked Incentive – Ministry of Electronics and Information Technology

Ministry of Electronics and Information Technology on 01.04.2020 has come up with a scheme for Large scale electronics manufacturing in India in the form of financial assistance to boost domestic manufacturing ...

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Articles GST

Assesses may file Refund Application of IGST paid on ‘Ocean Freight’ – Gujarat High Court

Facts of the case: Applicant filed writ application seeking to declare levy of IGST, on services of ocean freight on goods imported, as ultra vires section 5(3) of IGST Act, 2017 and Article 14 of Constitution ...

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Articles GST

Not updating the vehicle no. in E-way bill is a procedural lapse, liable to penalty of Rs. 10,000 only: Appellate Authority – GST

Facts of the case: Appellant (transporter) engaged his ‘Vehicle 1’ for transporting two wheelers from supplier’s location to recipient’s location both within same state, under cover of requisite documents i.e....

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Articles GST

Training Services Provided by Sub-Contractor to State Government are Taxable @18%:   AAR-Karnataka

Facts of the case: Applicant is expected to get sub contract work, of imparting training of soft skill development to Engineers, ITI students, Building and other construction workers, from a contractor who prov...

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Articles GST

ITC Not Permissible on Goods and Services used in Construction of Warehouse for Letting Out on Rent – AAR Maharashtra

Facts of the Case: Applicant, being clearing and forwarding agent, stores goods of other company in warehouse and charges rent for the same. Applicant had incurred certain expenses on construction and maintena...

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Articles GST

Notifications Levying IGST on Importer on Component of Ocean Freight Paid by Foreign Seller Unconstitutional

Facts of the case: Applicant imported non-cooking coal from outside India on both CIF and FOB basis. Applicant pays IGST on the value of goods imported at the time of custom clearance and value of Ocean freigh...

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Articles GST

Recommendations made in 39th GST Council Meeting held on 14th March, 2020

Extension and Deferment Revocation of cancellation of registration being cancelled till 14.03.2020 can be filed up-to 20.06.2020; Exemption from GSTR-9C, entities having aggregate turnover below Rs. 5 crores ...