Author: CA Ritul Patwa
01-07-2018 : RCM under GST on Purchases from Unregistered Persons
The government has not issued any notification till now to extend the applicability of the RCM provisions u/s 9(4) of the CGST Act, 2017. Representation has been made to...
DUE DATE FOR FILING GSTR 3B FOR APRIL, 2018 EXTENDED TO 22-05-2018
The government has extended the due date for filling of GSTR 3B for the month of April, 2018 from 20-05-2018 to 22-05-2018 due to emergency maintenance of the GST Portal...
HOW TO FILE APPEAL BEFORE COMMISSIONER OF INCOME TAX (APPEALS)
INTRODUCTION At times it may happen that the taxpayer is aggrieved by an order of the Assessing Officer. In such a case he can file an appeal against the...
GST E WAY BILL : MAJOR RELIEF – 7TH MARCH, 2018
The government has announced major relief in the E Way Bill Rules vide Notification No. 12/2018 – Central Tax dated 7th March, 2018, with key amendments as below:- 1....
GST RATE ON HOTELS, RESTAURANTS & HOSPITALITY SERVICES
We are noting below the consolidated provisions under GST related to Hotels, Restaurants and Hospitality Sector:- PART I – RATE OF GST ON HOTEL ROOMS Note – GST is charged...
GST FAQs – MEDICAL & HEALTH CARE SECTOR : PART 2
पहला सुख, निरोगी काया These FAQs are in continuation to Part 1 of GST on Medical & Health Care Sector, where we have discussed:- Exemption given to Health Care...
GST ON MEDICAL & HEALTH CARE SECTOR : PART 1
स्वस्थ नागरिक ही, किसी राष्ट्र की सबसे बड़ी पूंजी है Health Care Sector is on the highest priority for the government and a significant portion of the government spending goes...
RBI RELIEF IN NPA NORMS TO SPECIFIED MSME BORROWERS REGISTERED UNDER GST
The Reserve Bank of India (RBI) has granted relief to specified M.S.M.E. Borrowers registered under GST be extending the overdue period for being classified as NPA vide Circular No. RBI/2017-18/129...
PENALTIES & LOSSES ON DELAY IN FILLING OF INCOME TAX RETURN
The Union Budget, 2018 has introduced some of the most radical provisions to ensure Timely Filling of Returns. The Penalties and Losses for delay in filling of the Income...