Goods and Service Tax Archives - Page 4 of 12

Appeals and Revision in GST law (Procedural Aspect)

July 1, 2021December 4, 2021 TaxIndiaUpdates In0 comments11487 views

Chapter XVIII of the Central Goods and Service Tax Act 2017 (Sec. 107 to Sec. 121) deals with Appeals and Revision in GST law: Appeals to Appellate Authority (Section 107) (1) Any person aggrieved by any decision or order passed under this Act or … Continue Reading →

Goods and Service Tax

Demands and Recovery under GST Regime (SCN and Adjudication)

July 1, 2021December 4, 2021 TaxIndiaUpdates In0 comments10474 views

Chapter XV of the Central Goods and Services Act 2017 (Sec. 73 to Sec. 84) deals with Demands and Recovery under GST regime which includes issuance of Show Cause Notices and Adjudication proceedings: Determination of tax not paid or short paid or erroneously refunded or … Continue Reading →

Goods and Service Tax

Advance Ruling in GST Law

July 1, 2021December 4, 2021 TaxIndiaUpdates In0 comments7110 views

Chapter XVII of the Central Goods and Services Tax Act 2017 (Sec. 95 to Sec. 106) provides provisions of Advance Ruling in GST Law: Introduction An advance ruling helps the applicant in planning his activities, which are liable for payment of GST, well in advance. … Continue Reading →

Goods and Service Tax

Reverse Charge Mechanism in GST Regime: A Critical Analysis

July 1, 2021December 3, 2021 TaxIndiaUpdates In0 comments11338 views

Reverse Charge Mechanism in GST Regime: Every Government wants speedy and smooth collection of its taxes from public. The ‘Reverse Charge Mechanism’ is nothing but a system of Government to collect its Taxes from easy point. The term ‘Reverse Charge’ is defined under the Central … Continue Reading →

Goods and Service Tax

Taxation of Job Work in GST Law

July 1, 2021December 4, 2021 TaxIndiaUpdates In0 comments9513 views

Taxation of Job Work in GST Law: The term “Job Work” is defined in section 2(68) of CGST Act, 2017 as any treatment or process undertaken by a person on goods belonging to another registered person and the expression “job worker” shall be construed accordingly;. … Continue Reading →

Goods and Service Tax

Introduction to Indian GST Law

July 1, 2021December 8, 2021 TaxIndiaUpdates In0 comments9597 views

An Overview of GST: In the earlier Indirect Tax Law (Excise Duty, Service Tax, VAT etc.), the Central Government levies tax on, manufacture of certain goods in the form of Central Excise duty, provision of certain services in the form of service tax, inter-State sale … Continue Reading →

Goods and Service Tax

Assessment and Audit in GST Law

July 24, 2017July 24, 2017 TaxIndiaUpdates In0 comments7569 views

Assessment and Audit in GST Law: In the Central Goods and Services Tax Act, 2017 Chapter XII (Sec. 59 to Sec. 64) and Chapter XIII (Sec. 65 and Sec. 66) deals with assessment and audit respectively. The topic wise discussion on assessment and audit is as … Continue Reading →

Goods and Service Tax

Levy of GST on Goods and Services

July 5, 2017 TaxIndiaUpdates In0 comments8727 views

Taxable Event under GST (Levy of GST): The charging event or levy is the event which determines whether an activity attracts the charge. However tax may be collected before or after the event for the sake of administrative certainty or convenience. Taxable event under GST Law is … Continue Reading →

Goods and Service Tax

Refunds Procedure in GST

July 1, 2017July 25, 2017 TaxIndiaUpdates In0 comments6011 views

Chapter XI of the Central Goods and Service Tax Act 2017 (Sec. 54 to Sec. 58) deals with Refunds Procedure in GST Law: REFUNDS Refund of tax. (1) Any person claiming refund of any tax and interest, if any, paid on such tax or any … Continue Reading →

Goods and Service Tax

Inspection, Search, Seizure and Arrest in GST Regime

July 1, 2017July 25, 2017 TaxIndiaUpdates In0 comments5827 views

Chapter XIV of the Central Goods and Services Tax Act 2017 (Sec. 67 to Sec.72) deals with Inspection, Search, Seizure and Arrest in GST Regime: Power of Inspection, Search and Seizure (Section 67) (1) Where the proper officer, not below the rank of Joint Commissioner, … Continue Reading →