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Form GSTR-9 – Annual Return & Its Auditing

Part / Table wise Reporting in Annual Return This form was divided in to 6 Parts and tax payers were expected to report the whole year activities into 19 tables. Sr. No. Details required to be filled Part-I Basic Details Part-II Details of Outward and Inward supplies (RCM) declared during the F.Y. Part-III Details of

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Neither goods nor services & thus NO GST -NEGATIVE LIST (Schedule III)

NEGATIVE LIST [Sec 7(2) + Schedule III] Neither goods nor services & thus NO GST. Services provided by Employee to Employer in course of or in relation to his employment  Service provided by Casual Workers (daily basis) who are employed by employer  treated as services provided by worker in course of employment &

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GST on Supply even without any consideration

GST is payable even if supply is made without any consideration mentioned in Schedule-1 Para 1 :Permanent Transfer/Disposal of Business Assets on which ITC is availed.    This clause covers transfer of business assets from HC to SC for nil consideration Note: Permanent transfer/disposal of following business assets will not be deemed as supply:

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GST Registration : YOUR QUESTION AND MY ANSWER

Question Answer Registration 1 Does aggregate turnover include value of inward supplies received on which RCM is payable? Refer Section 2(6) of CGST Act. Aggregate turnover does not include value of inward supplies on which tax is payable on reverse charge basis. 2 What if the dealer migrated with wrong PAN as the status of

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