by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
We all know the importance of the maintenance of the accounts under GST. The provisions related to the maintenance of the accounts are given in Section 35 of the CGST Act, 2017 and Chapter VII of the CGST Rules 2017. Here I want to throw some light on some important...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
The provisions regarding the provisional assessment under GST is given under section 60 of the CGST Act and the corresponding rule is given under Rule 98 of the CGST Rules 2017. Let us begin the discussion with the note that why the provisional assessment is needed at...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
The Rule 36(4) of the CGST Rules has been inserted vide notification No. 49/2019, Central Tax dated 09-10-2019. Since after the introduction this has made a lot of hue and cry among the tax payers . Some problems of the tax payers are really genuine . Although the...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
Circular No. 129/48/2019 – GST, Dated 24 December 2019) The Central Board of Central Excise and Customs (hereinafter called board) comes heavily on the defaulters on account of non submission of GST Returns u/s 39 or 44 or 45 of the CGST Act. The board in exercise of...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
India has a vast network of road network of 5.23 million kms. and categorically it is the world’s second largest network . The national Highway comprises 2% of the total road network but carry 40% of the total traffic . One more interesting fact is that the 65% of the...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
The GST council in its 34th meeting held on 19.03.2018 has made some recommendations with regards to the long awaited demands of the real estate industry. The industry is struggling with the low demand and cumbersome compliances imposed by the legislations since the...
