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GST On Development Rights

GST On Transfer of Development Rights

GST On Transfer of Development RightsByCA Ankit Gulgulia (Jain)Respected Friends,As you all are aware that Real Estate Industry has always been an Industry prune...

Issues related to furnishing of Bond/ Letter of Undertaking for Exports–Reg.

Issues related to furnishing of Bond/ Letter of Undertaking for Exports–Reg.Various communications have been received from the field formations and exporters on the issue...

Issues related to furnishing of Bond/ Letter of Undertaking for Exports–Reg. Issues related to...

Issues related to furnishing of Bond/ Letter of Undertaking for Exports–Reg.Various communications have been received from the field formations and exporters on the issue...

GST on Educational Services – A Quick Screener

GST on Educational Services - A Quick ScreenerUnder the existing service tax legislation, the negative list of services (i.e. the list of services on which...

Impact of GST on Import, Export, EPCG, Advance Authorisation, DEEC, DFIA, SEIS & MEIS

Impact of GST on Import, Export, EPCG, Advance Authorisation, DEEC, DFIA, SEIS & MEIS Under the GST regime, Customs duties will be exempted on imports...

Transporting Without GST on Delivery Challans – Know When, How & Procedures under GST

Transporting Without GST on Delivery Challans - Know When, How & Procedures under GST   When Can A Delivery Challan by Issueda) supply of liquid gas...

Exports Under GST – Procedural Method of LUT/Bond (CT-1 Not Applicable under GST)

Detailed Procedure on Dealing with Exports under LUT/ Bond under GST Regime | CT-1 Discontinued under GST Please refer to Notification No. 16/2017 – GST dated...

GSTR-3B + TRANS-1 + Pending C/F/H Forms = Complex Problem with Big Impact For...

GSTR-3B + TRANS-1 + Pending C/F/H Forms = Complex Problem For VAT AssessesBy CA Ankit Gulgulia (Jain)CBEC Vide Notification No. 23/2017 – Central Tax dated 17th...

Haryana Tax Officials Might Soon Visit Your Premise !

Haryana Tax Officials Might Soon Visit Your Premise !  Haryana excise and taxation department has asked its officers to find out whether premises companies from the...

Govt. notifies E-Way Bill rules – A Quick Glance Summary

Govt. notifies E-Way Bill rulesThe Central Government made 6th amendment in Central Goods and Services Tax Rules, 2017 (CGST Rules, 2017) to incorporate the...

2017/09/60k-crores-claimed-as-transtional-input

Key takeaways from the Webinar on TRAN-1 organised by Goods and Services Tax Network today1. *Revision of TRAN-1* form may be allowed in future,...

Due Date of GSTR-3B Appears to Come Very Quickly Every Month

Due Date of GSTR-3B Comes Very Quickly Every Month   For Tax Professionals & Industry it is time again to deposit GST and File GSTR-3B for...

More Than 1 Crore Transitional Credit Will Face Tight Scrutiny

More Than 1 Crore Transitional Credit Will Face Tight Scrutiny  Transitional credit claims worth a whopping Rs 65,000 crore received from traders under GST have...

States Lazy in Issuing GST Notification Will Create Unwanted Chaos

GSTN portal doesn’t seem to be accepting any line item in which the CGST and SGST tax rates/ amounts differ, since the information pertaining...

Reliefs to Exporters, Composition Scheme Opters & Small Business Return Filing – GST Council...

Reliefs to Exporters, Composition Scheme Opters & Small Business Return Filing - GST Council Meeting   In what could be a big relief to Indian Exporter Community...

GST Ambiguity Mounting Big On North Eastern States Companies

GST Ambiguity Mounting Big On North Eastern States Companies   Lack of clarity on earlier area-based exemption in hill & NE states also blocks financial calculations;...

Deemed Exports Transactions Listed Under GST – Can Hurt Many Very Badly

Deemed Exports Transactions Listed Under GST - Can Hurt Many Very BadlyBy CA Ankit Gulgulia (Jain)Vide Notification No. 48/2017–Central Tax dated 18th October, 2017,the CBEC...

GST Invoice Matching Principle Can Face Judicial Heat

GST Invoice Matching Principle Can Face Judicial HeatBy CA Ankit Gulgulia (Jain)Article.14 of Constitution of India says,The State shall not deny to any person...
5 Flaws in NAA Methodology for Computing the Anti Profiteering Demands on Builders and Developers

How to Calculate Anti Profiteering Amount for Real Estate Developers and Builders

How to Calculate Anti Profiteering Amount for Real Estate Developers and Builders   Recommended Read:- Why NAA Need to Revisit it’s Anti Profiteering Computation on Real...

How To File GSTR-6 For Input Service Distributor

How To File GSTR-6 For Input Service Distributor 1. What is GSTR-6? GSTR-6 is a monthly return to be filed by all the Input Service Distributor’s...

Supply and Transportation of Waste / Sewage Water – Rate of GST Applicable

Supply and Transportation of Waste / Sewage Water - Rate of GST ApplicableDear Sir,A bill received from the Contractor for Supply & transportation of...

How To Manually File Refund for GST in Case of Excess Cash Balance, Deemed...

How To Manually File Refund for GST in Case of Excess Cash Balance, Deemed Exports and Inverted Duty – Forms, Process and DetailsDue to...

45 Out of 70 complaints filed with Anti-Profiteering Authority are from Haryana: Govt

45 Out of 70 complaints filed with Anti-Profiteering Authority are from Haryana: GovtAs many as 70 complaints have been filed with the Anti-Profiteering Authority,...

Intra State EWAY Bill Rollout for Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh...

Roll-out of e-Way Bill system for Intra-State movement of goods in the States of Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh from 15th...

Taxability of Transfer of Development Rights in Positive List, Negative List and GST ERA...

Taxability of Transfer of Development Rights in Positive List, Negative List and GST ERA - A Comparative Analysis of Indirect Tax Applicability By CA Ankit Gulgulia...

How to File Complaint of Anti Profiteering Under GST

How to File Complaint of Anti Profiteering Under GSTWith the Implementation of GST, one of the areas which has invited the most attention of...