by CA Nikhil Kumar | Jun 7, 2021 | Articles, Taxmann
[2021] 125 taxmann.com 245 (Article) In order to check the GST evasion, frauds etc., the government has made sea changes in recent times , some are already in place and some are proposed in the budget 2021. The government is continuously taking steps to tighten the...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxmann
[2020] 118 taxmann.com 325 (Article) The Schedule II (Section 7) of the Central Goods and Service Tax Act, 2017 prescribes about the activities or the transactions to be treated as supply of goods or supply of services. The clause (b) of paragraph 5 of Schedule II...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxmann
[2020] 119 taxmann.com 228 (Article) The chargeability of interest on delayed payment of tax has always been remained a point of contention between the taxpayers and revenue . We all know that even in the recent days revenue has came up with the notification...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
Now a days we have seen that the GST department is frequently using the powers which is envisaged to it in the sec.83 of the CGST act w.r.t. to provisional attachment of the properties of the tax payer. Now voices have arose against frequent and general use of the...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
In the forth coming article we will discuss the issue that the right to avail the input tax credit is to be seen as on the date of the credit availment and not otherwise. The main intent of the this article is that whether ITC can be called upon to pay back by revenue...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
In this article we will discuss the relationship of supply with the consideration and its repercussions regarding the chargeability of GST. The section 7 of the Central Goods & service Tax Act talks about the scope of supply. We can in other words say that the...
