NIL GST on Security Services to Govt : AAR

The Authority of Advance Ruling (AAR), Gujarat, has ruled that any corporate providing security services and/or supplying manpower to the Central, State or Local Governments or any other government authority is eligible ...

CBIC allows biz to verify GST return through EVC

The Central Board of Indirect Taxes and Customs (CBIC) notified that the Companies incorporated under the Companies Act, 2013 can verify their FORM GSTR-3B and FORM GSTR-1 through Electronic Verification Code (EVC) vide ...

ITC on Destroyed Goods amid COVID 19

India is under Lockdown since 25 March, 2020 due to Covid 19 Crisis. And it seems that ITC under GST is one of the aspect that has been affected in the presence of lockdown. Let us understand whether ITC availed ...

Key Takeaways : 40th GST Council Meeting

The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing . The meeting was also attended by Union Minister of State for Fina...

GST on Director's remuneration : CBIC clarifies

The Central Board of Indirect Taxes and Customs (CBIC) vide Circular No: 140/10/2020 - GST clarified that remuneration to directors — whatever name they are referred to as (independent directors or w...

File NIL GST Return through SMS

In a significant move towards  taxpayer facilitation, the Government has today onwards allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS. This would substantially improve ease of GST complian...

Issue of GST Late Fee for Past period

Responding to requests in the social media for waiver of late fee on non-filing of Goods and Services Tax (GST) returns since the beginning of the indirect tax reform, CBIC said the upcoming GST Council will take up...

GST ITC-02A - Frequently Asked Questions

About Form GST ITC-02A   1. What is Form GST ITC-02A? A person having multiple places of business in a State or Union territory may be granted separate registration for each place of business. If a ...

GST Portal enables GST ITC-02A

The GSTN has enabled the Form GST ITC-02A, wherein a registered person gives a declaration of unutilized ITC transferred for obtaining a separate registration within the same state or union territory.  Rule 41A o...

Salary to Full-time Directors Exempted From GST Regime - Karnataka AAR ruling

The controversy on whether remuneration paid to directors of a company is subject to Goods and Services Tax (GST) has been put to rest by a recent ruling, given by the Authority for Advance Rulings (A...