Rule 43. Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases.- (1) Subject to the provisions of …
RULE 43 OF CGST ACT, RULE 43 OF GST, RULE 43 – REVERSAL OF ITC Read More Rule 42. Manner of determination of input tax credit in respect of inputs or input services and reversal thereof. – (1) The input tax credit in …
RULE 42 OF CGST ACT, RULE 42 OF GST, RULE 42 – REVERSAL OF ITC Read More COMPOSITION SCHEME IS BASICALLY DESIGNED FOR SMALL TAXPYERS. A REGISTERED PERSON HAVING ANNUAL TURNOVER UPTO RUPEES 1.5 CRORES CAN OPT FOR COMPOSITION SCHEME. THIS SCHEME …
REGULAR TO COMPOSITION, SWITCH FROM REGULAR TO COMPOSITION SCHEME Read More What is Composition Scheme under GST ? It is a simple, easy and hassle free scheme under GST. It is for small taxpayers which allows …
ALL ABOUT COMPOSITION SCHEME UNDER GST Read More Section 10. Composition levy.- (1) Notwithstanding anything to the contrary contained in this Act but subject to the provisions of sub-sections (3) and (4) of section …
SECTION-10 OF CGST ACT, COMPOSITION SCHEME SECTION Read More What is Repo-Rate ( रेपो-रेट क्या है ) ? Repo Rate is the rate (Say Interest-Rate) at which the RBI (Reserve Bank of India) lends …
ALL ABOUT REPO-RATE AND ITS SIGNIFICANCE Read More Financial Year (FY) Last Date/Extended Last Date to Claim ITC FY 2017-18 20-04-2019 [Order No. 2/2018-Central Tax Dated 31-12-2018] FY 2018-19 20-10-2019 [As per …
Last Date to claim missing ITC of different financial years in GST, Due Date to claim ITC Read More GSTR-9 (GST Annual Return) is a type of GST return to be filed by “Regular taxpayers”. It is required to be filed “Annually”. GSTR-9C is …
GSTR-9 AND GSTR-9C TURNOVER LIMIT FOR FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY 2021-22 & FY 2022-23 Read More Analysis of Section 17(5) : ITC not allowed in certain cases Sec-17 (5) : Notwithstanding anything contained in sub-section (1) of section 16 and subsection …
Section 17(5) of CGST Act : ITC not allowed in certain cases, Analysis of Sec 17(5) Read More Late-Fee for Annual Return (GSTR-9) GSTR-9 is an annual return to be filed yearly by “REGULAR TAXPAYERS” registered under GST. It is required to be …
Late-Fee for Annual Return (GSTR-9) Read More