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Refund of unutilized ITC of compensation cess-Zero Rated Supplies

CBIC has issued a circular clarifying various issues relating to refund of GST in case of Zero Rated Supplies. One of the major issue was Refund of unutilized ITC of compensation cess availed on inputs in case of…

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Transfer of tenancy rights can’t be treated as sale of land or building under GST

In the latest circular issued by Tax Research Unit of CBIC (TRU) on 2 May 2018, TRU has clarified that Transfer of tenancy rights can’t be treated as sale of land or building under GST.  Hence, this transaction is…

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How to handle “Bill to” – “Ship to” invoice in e-way bill system?

Sometimes, the tax payer raises the bill to somebody and sends the consignment to somebody else as per the business requirements. There is a provision in the e-way bill system to handle this situation, called as ‘Bill to’-‘Ship…

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What are the formats of vehicle number entry in E-Way Bill?

The system expects you to enter the vehicle number details in proper format. The system shows the ‘Invalid Format’ when we are trying to enter the vehicle number if the format is not proper. Given below are formats…

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