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...
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...
