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GST on Advance Receipts from Customers

With the implementation of GST as a new law, it brings some provisions which creates disturbances in the implementation vis-a-vis adoptability by taxpayers, professionals and judiciary. One of such provision is GST liability on advances receipts. There are…

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IGST Act 2017 (Section Wise)- updated vide Finance Act, 2020

Section wise IGST Act 2017 Section 1 : Short title, extent and  commencement Section 2 : Definitions Section 3 : Appointment of officers Section 4 : Authorisation of officer of state tax or union territory tax as proper…

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Relief Measures under GST due to COVID-19 Pandemic – updated till 05/05/2020

Coronavirus occurred at the times when India was at the verge of closing its financial year, many of the events/things likely to change with the closing of one financial year and opening of new financial year. Under GST…

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Aadhaar Authentication Mandatory for GST registation w.e.f. 1st April 2020

Section 25 of CGST Act 2017 prescribes the manner of application for registration under the act. At the time of commencement of application of Act, Aadhaar authentication was not mandatory for registration under GST. However, due to big-bang…

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Section 7(5) of IGST Act 2017 – General or Special provision ?

Section 7 of IGST Act 2017 determines nature of supply of goods or services or both in the course of inter-state trade or commerce. Sub-section 5 of such section provides that following supplies shall be treated to be…

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GSTN Database declared as Protective System under IT Act 2001

Ministry of Finance (MOF) has declared Goods and Services Tax Database and its associated infrastructure dependencies installed at Goods and Services Tax Network (GSTN), as the protected system under Information Technology Act, 2000. MOF vide notification dated 4th…

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Tax paid under wrong heads of GST

Section 77 of CGST Act 2017 and Section 19 of IGST Act 2017 deals with the situation where tax paid under wrong heads. As per Section 77(1) of CGST Act 2017, a registered person who has paid the…

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Legal Warning for Non-filers of GST Return-SOP 24/12/2019

Legal Provisions for Non-Filers or say “return defaulters” Section 46 of CGST Act 2017 identifies a registered person as tax return “defaulter” who fails to furnish a return under section 39 (Monthly/quarterly return) or section 44 (annual return)…

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Clarifications on various issues of GST Refunds – w.e.f. 18/11/2019

As the government has provided the fully online module for all type of refunds w.e.f. 26/09/2019, it has issued a circular to clarify various issues on refunds along with detailed procedure for application of refunds. Refund procedure has…

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New Procedure for Refund-Fully Online Module-w.e.f. 26/09/2019

After more than two years, government now succeeds to provide fully online module for application, processing, issuance and disbursement of eligible refunds under GST Laws. As per Circular no. CIR-125/44/2019-GST dated 18/11/2019, government has clarified that it is…

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