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...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
The Tax invoice is a compulsory required document to be issued for supply made by the every registered person under the provisions of GST Act . This document primarily represents the transaction entered between the two parties. The provisions regarding the Tax Invoice...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
Meaning and Necessity of Advance Ruling under GST: An advance ruling may be defined as a determination of certain matters and question as specified by the law, regarding interpretation of the law specifically in those cases where there is an ambiguity in the law...
by CA Nikhil Kumar | Mar 14, 2021 | Articles, Taxguru
The banking industry is covered by the erstwhile service tax law and same was levied on the service provided by the banking sector to its customers until the introduction of Goods & Service Tax Act. In this article we would like to explain the important GST...
