WebMar 30, 2024 · The Government has made multiple amendments to help taxpayers file returns and pay taxes easily. To facilitate transparency and ease of doing business there are multiple GST Forms list pdf 2024 notified by the Government that the taxpayers have to use to file registration requests, returns, refund applications, etc. WebMay 11, 2024 · On perusing the provisions of Section 16(1) and 16(2) of CGST Act, 2024, it is clear that the assessee must have received the goods and the tax charged in respect of its supply must have been actually paid to the government either in cash or through the utilization of ITC, admissible in respect of the said supply.

GST Case Law Updates - September 2024 - Hiregange

WebGST dated 04 October 2024. In some cases zero rated before filing of LUT and refund claims have been unutilised ITC. The Circular clarifies that the delay in furnishing of LUT in such cases may be condoned and the facility for export under LUT may taking into account the facts and circumstances of each . 3. No requirement to pay WebJan 20, 2024 · In the case of SPFL Securities Ltd. (AAR- Uttar Pradesh), has given ruling stating that assessee business was of buying and selling of securities, which were exempt under GST as per Section 2 (52) and 2 (102) of CGST Act, 2024, thereby, ruled that assessee was not liable to pay GST on delayed payment charges collected from clients, … internet and telephone packages

Revision of Form GSTR-3B not allowed: Supreme Court in the Case …

WebApr 8, 2024 · As per CGST Act, if a registered taxpayer fails to pay the supplier for the goods or services within a period of 180 days from the date of the invoice, the input tax credit (ITC) claimed by the taxpayer on that invoice will be reversed. The time limit of 180 days is calculated from the date of the invoice issued by the supplier. WebSep 25, 2024 · As per rule 89, claimant person is required to file an application for refund in form GST RFD – 1 alonwith prescibed documents, statements, declarations and certificate. WebApr 14, 2024 · The GST rebate payment is either by cheque or direct deposit. The GST credits are issued to offset the GST tax paid by certain residents in your country. When … new chad wild clay