I am Mr. Ganeshan Kalyani. Qualification - M.Com, LLB, Diploma in Tax Management (DTM), Diploma in Computer Management (DCM). Skills - i) "GST Filing of Return - GST Procedure Series" from HIREGANGE ACADEMY, ii) GST Professional Course from Indian Institute of Goods and Service Tax (IIGST), iii) Certificate of Participation from All India Federation of Tax Practitioners for successful participation in GST Refresher Online Certificate Course, iv) Certificate of Participation from Federation of Indian Professionals for attending 4 hours session named "GST Wala Sunday". v) Completed 12 Days or 30 hours learning of GST Course organized by Federation of Indian Professionals. vi) Attended "How to Handle Department Audit" held on 12th May, 2023 by Hiregange Academy.
My area of expertise is Goods and Service Tax (GST), previously, Value Added Tax (VAT) / Central Sales Tax (CST), Service Tax, & Central Excise.
My email id is [email protected]
Showing 1 to 20 of 66 Results
Issue Id: 118118
Dear All,I am proud to be an Indian and it is my duty to thanks to all the soldiers, leaders and peoples who fought for the freedom of India. Today ...
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Issue Id: 116164
Take care of yourself and your family. Maintain hygiene and stay safe.
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Issue Id: 116124
Wish all the readers, querist, experts a very colorful and joyous Holi. Play safe with the colors.
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Issue Id: 115833
Wish you and your Family a very Happy and Prosperous New Year 2020 !May God Bless you all with good health, wealth and all success.From Ananya, ...
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Issue Id: 115591
Wish you and your family a very Happy and Prosperous Diwali !From Ganeshan and Family.
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Issue Id: 115379
Happy Ganesh Chaturti to TMI, Querist, Experts and readers. May all your problems be solved by Lord Ganesha. Keep surrounding clean, give respect to ...
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Issue Id: 114446
Dear All,Wish you and your family a very happy and prosperous New Year 2019 !May God bless you all with health, wealth and success.Regards,Ganeshan
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Issue Id: 113362
E-way bill is implemented from today i.e. 01.02.2018 for interstate movement of taxable goods. The goods which are exempted vide notification ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 113263
Dear All,Wish you a very Happy New Year 2018 !
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Issue Id: 112570
Amid pressure from some states, the GST Council will soon start publishing rates of various products to prod companies to pass on gains, including ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 111296
Happy New year 2017 to TMI and all experts and the querist. Also wishing happy new year to the subscribers, readers, visitors to this website. Had a ...
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Issue Id: 111021
The threshold limit for registration under GST is ₹ 10 Lacs and ₹ 5 Lacs for North East States. The limit is so low that i assume even a ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 110747
Dear All,GST Bill is passed in Rajya Sabha on 03. 08.2016.A panel under chief economic adviser Arvind Subramanian has recommended a revenue-neutral ...
Read Full Issue Goods and Services Tax - GST
Issue Id: 110368
Sir, I would like to discuss on applicability of service tax on GTA availed in non-taxable territory.A manufacturing unit is located in J&K ...
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Issue Id: 110257
Dear Experts,A manufacturing company has given reference of some of its customers who was in need of working capital to Bank. For providing such ...
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Issue Id: 110182
Dear Expert, I request you to please share your view on the below situations. ‘A’ is a supplier based at Gurgaon, has supplied ...
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Issue Id: 110136
Dear Experts, I would like to discuss on the provision of Section 6 (3) of Service Tax Rules With regard to below transaction. An assessee has ...
Read Full Issue Service Tax
Issue Id: 110126
Dear Experts, I request you to please go through the below scenario and request you to please through some light on the same: ‘A’ a ...
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Issue Id: 110045
Dear Experts, With reference to Notification No. 1/2016-Central Excise (N.T.) dated 01.02.2016, the CENVAT Credit on CVD - Counter vailing duty ...
Read Full Issue Customs - Exim - SEZ
Issue Id: 110036
Dear Experts, I referred Notification No. 49/2008-CE(NT) where I found abatement of 30% for Insecticides, fungicides, herbicides, weedicides and ...
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6858 Replies on 3442 Issues
Issue Id: 121039
Whether Input Tax Credit (ITC) on the Plant and Machinery of a Solar Power Plant installed for captive consumption in a cement manufacturing unit is ...
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Issue Id: 120966
Sir, We filed Writ Petition before High Court as GST Tax demand as per order is more the SCN. High Court allowed our WP as quantravention of Sec. ...
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Issue Id: 120965
My client has passed entry in tally as per the invoice dated April but the third party had taken it in May GSTR 1 instead of April's GSTR 1 due ...
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Issue Id: 120959
SEZ company raises export invoice in Apr 26 but BOE is not filed yet. In GSTR-1 the export invoice is reported. In month of May 26, the said ...
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Issue Id: 120951
Dear Team, I generated the IRN for the invoice on 03/06/2026 in the evening. The invoices are visible on the e-Invoice Portal, but they have still ...
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Issue Id: 120949
My bank is charging GST on foreign inward remittances, but these charges are not showing up under my GST number. Is this normal? Since I have a ...
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Issue Id: 120947
Dear Experts, One of my Colleague's client GSTIN cancelled due to returns defaulter Now, the Department has issued "Order of Rejection of ...
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Issue Id: 120941
Please clarify the reporting requirement for Table 5A of the ITC-04 utility. If 50 units of raw materials are sent to a job worker and, after ...
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Issue Id: 120940
> Our company is engaged in the business of hiring/leasing cranes and is registered under GST in Maharashtra. > > Cranes are ...
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Issue Id: 120937
We have one ISD registration - we received RCM invoice (security ). how to pay the GST RCM amount and claim ITC
Goods and Services Tax - GST
Issue Id: 120768
Dear Sir/Maam In FY 2023-24 we deducted TDS at 2%, but since the deductee’s PAN was inoperative at that time, the system raised a 20% short ...
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Issue Id: 120767
Dear Sir/mam we do import, In FOB contract we ask our CHA to book container, He than book container and issue us Tax invoice from his own firm ...
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Issue Id: 120747
Material rejected by Buyer of Rajasthan and we have issued a credit note to same. Further we have sold this same materials to another buyer to ...
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Issue Id: 120739
As per Rule 86B of GST, dealer has to pay 1% of input via the cash ledger only on a monthly basis. but dealer has paid it on lumpsum basis at year ...
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Issue Id: 120736
In a group structure, Company A and Company B permit inter-company transfer of employees as per a common HR policy. Upon such transfer, Company B ...
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Issue Id: 120734
I am get demand notice after filling GST appeal against order issue. Now we apply refund for this month. but status is " Bank Account has ...
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Issue Id: 120625
Experts’ Opinions Requested on the Following Scenarios: 1. Sale of Motor Vehicle - No GST Charged (Sale Value Less Than ...
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Issue Id: 120624
I have made payment of Rs. 1.50 lac towards a special number of RC to the state government at the time of purchase of a vehicle used in my ...
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Issue Id: 120623
Dear All, During investigation, amounts were recovered from the recipient as ineligible ITC for the reason the supplier had not paid the taxes. ...
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Issue Id: 120613
my question is . If we show freight charges separately in tax invoice then in tally prime while creating freight charges ledger, under which ...
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Showing 1 to 20 of 133 Results
GST return amendment window requires correction of outward liability and input tax credit for prior fiscal year in October return.
Taxpayers must use the October return amendment window to reconcile and correct outward GST liabilities and Input Tax Credit for the prior fiscal year by aligning book entries with GSTR-1/GSTR-3B, e-invoice and e-way records, addressing missed or excess liabilities, issuing and furnishing credit notes, accounting for RCM and intercompany cross-charges, and ensuring payable and credit ledgers reflect only October liabilities or adjusted prior-period items for filing and audit support. (AI Summary)
Goods and Services Tax - GST
E-invoicing compliance: invoice reference number required for notified taxpayers, failure renders invoice invalid and affects input tax credit.
Notified taxpayers must upload invoice particulars in FORM GST INV-01 to the Common GST Electronic Portal to obtain an Invoice Reference Number (IRN); invoices issued by notified persons without an IRN are not treated as invoices, which can prevent fulfilment of input tax credit conditions. Compliance with the electronic issuance procedure replaces the triplicate/duplicate physical-copy requirement. The note summarises applicability, excluded supplies, aggregate turnover computation, IRN and QR code contents, generation modes, cancellation limits, and related enforcement concerns. (AI Summary)
Goods and Services Tax - GST
GST credit note is conditional and subject to statutory time and eligibility conditions under CGST law.
GST credit notes are discretionary under CGST: issuable where invoice value or tax is excessive, goods are returned, or supplies are deficient; Section 34(2) requires declaration in returns by the statutory deadline after which only non tax financial adjustments may be made. Section 15(3)(b) conditions post supply discount credit notes on a pre existing agreement linked to the original invoice and reversal of attributable input tax credit by the recipient. (AI Summary)
Goods and Services Tax - GST
E way bill enforcement creates compliance burdens and detentions despite lawful intra company transfers and interrupted movements.
Goods and Services Tax administration has become increasingly complex due to continual issuance of notifications and amendments, creating procedural burdens on registration, claiming Input Tax Credit, refunds and return reconciliations; practitioners must monitor ongoing e Gazette updates. Enforcement of e way bill and transit rules poses acute operational problems: detained vehicles and penalties for intra company transfers, interrupted movements, and contested show cause notices underscore the need for targeted clarifications or further notifications. (AI Summary)
Goods and Services Tax - GST
Frequent GST amendments complicate compliance and increase reliance on consolidated notifications for accurate rate and obligation tracking for taxpayers.
Frequent statutory changes to the Goods and Services Tax framework are implemented primarily through executive instruments: notifications, circulars, instructions and orders issued by the central tax administration following GST Council decisions. The central portal provides searchable, downloadable records and annotates each notification with its original and last amending instruments, but repeated amendments to single notifications and limited navigational aids make tracing the current operative text difficult, prompting reliance on third party consolidated services to determine applicable rates and obligations. (AI Summary)
Goods and Services Tax - GST
Input tax credit entitlement requires GSTR-2B reconciliation and timely inclusion in the October return to claim credit.
Input tax credit for 2021-22 invoices must be claimed by ensuring entitlement is reflected in the October GSTR-3B within the compliance window and that invoice details appear in GSTR-2B; taxpayers must perform year-to-date reconciliation, notify suppliers to amend or include missing invoices in their GSTR-1, and record invoices appearing in GSTR-2B but absent from their books to enable claiming ITC. (AI Summary)
Goods and Services Tax - GST
Exemption for online educational journals limited to actual journals or periodicals; database subscription services remain taxable under GST.
Supply of online educational journals or periodicals is exempt only if the supply is of such journals or periodicals; access provided as an annual subscription to a comprehensive online database comprising books, newspapers, directories, judgments and similar text based information is not treated as the exempt supply and thus falls outside the exemption, rendering such subscription services taxable under GST. (AI Summary)
Goods and Services Tax - GST
Input tax credit eligibility now requires supplier-submitted outward-supply details and presence in GSTR-2B before a recipient may claim credit.
Input tax credit entitlement under Section 16(2)(aa) requires supplier-furnished invoice or debit-note details in the outward-supplies statement and communication to the recipient, with Rule 36(4) prescribing reliance on GSTR-2B; because GSTR-2B omits invoices uploaded after the supplier's GSTR-1 due date until the following month, recipients must verify supplier filing, reconcile GSTR-2B with their books, and adopt contractual, operational or automated measures to protect claimable input tax credit. (AI Summary)
Goods and Services Tax - GST
HSN summary optional in annual GST return, allowing taxpayers to omit HSN summary tables for that year.
Tables 17 and 18 of GSTR 9, requesting HSN wise summaries for outward and inward supplies (including UQC, quantity, taxable value, tax rates and tax components), are optional for the stated annual return year; taxpayers may skip these tables. Outward HSN is available from GSTR 1 filings, while inward HSN is often not maintained, so taxpayers should consider recording such details and updating accounting software because future years may require mandatory reporting. (AI Summary)
Goods and Services Tax - GST
GST Annual Return filing requirements updated: self certified returns, threshold based GSTR 9/C obligations and optional reporting rules.
The substituted rule 80 requires a self certified GST annual return and reconciliation for FY 2020 21 due 31.12.2021, removes mandatory auditor audit for reconciliation, and sets turnover thresholds: exemption up to two crore, GSTR 9 mandatory up to five crore with GSTR 9C required only above five crore. Form and instruction amendments permit optional reporting or netting of various tables for FY 2020 21, add an "Others" liability category in GSTR 9C, recast Part V as taxpayer declaration of additional liability, and omit auditor certification, while TRAN 1/2 disclosures and certain reversals remain mandatory in specified tables. (AI Summary)
Goods and Services Tax - GST
Input Tax Credit entitlement: statutory conditions determine eligibility while portal returns serve as facilitative reconciliation only.
Availability of Input Tax Credit depends on statutory conditions: possession of invoice or debit note, receipt of goods or services, tax charged being paid to Government by the supplier, and filing the return. GSTR-2A/2B and other rule-based portal statements operate as facilitative reconciliation tools and do not themselves create or replace statutory entitlement. Defences to departmental notices include reliance on books of account and self-assessment, supplier responsibility for non-payment, and the doctrine that law does not compel performance of the impossible where no mechanism exists to verify supplier payment. (AI Summary)
Goods and Services Tax - GST
Self-certified reconciliation replaces mandatory accountant audit for annual GST returns, shifting responsibility to the registered taxpayer.
CBIC Notifications No. 29, 30 and 31 (effective 01.08.2021) remove the statutory audit requirement by omitting subsection (5) of section 35 and substitute section 44 to permit a self-certified reconciliation statement; they substitute Rule 80 to align filing procedures and thresholds, specify filing of Forms GSTR-9/9A/9B and Form GSTR-9C (self-certified) for taxpayers above the turnover threshold, amend form instructions to allow optional reporting of certain tables for FY 2020-21, and amend GSTR-9C to remove auditor certification in favour of taxpayer verification. Notification 31 exempts small taxpayers from filing the annual return for the specified year. (AI Summary)
Goods and Services Tax - GST
HSN code compliance tightened - businesses must update invoicing amid customs tariff and GST rate notification mismatches.
From 01.04.2021 taxpayers must report HSN on invoices at increased digit precision tied to turnover, creating new compliance burdens. Because GST rate notifications frequently differ in wording and digit specificity from the Customs Tariff, taxpayers face classification uncertainty-notably where GST entries omit terms (such as "parts") present in the customs descriptions-leading to resorting to residual GST entries or conflicting import assessments. The author urges administrative alignment of GST rate schedules with Customs Tariff or temporary relaxation to allow practicable compliance and system updates. (AI Summary)
Goods and Services Tax - GST
Input Tax Credit basis: claim from books of account while reconciling with supplier reports to protect entitlement.
The article argues that Input Tax Credit (ITC) should be claimable on the basis of a taxpayer's books of account, which are supported by internal documentary controls evidencing receipt and availing of supplies. Reconciliation with supplier-return reports should be a verification exercise only and not a precondition for entitlement. The author criticises provisions that condition ITC on supplier filings or system summaries as shifting revenue administration burdens to recipients and harming working capital, and urges legislative amendment to protect compliant taxpayers. (AI Summary)
Goods and Services Tax - GST
Input tax credit restriction limits claim for invoices absent from GSTR 2A, affecting taxpayer cash flow and reconciliation.
Rule 36(4) caps the amount of input tax credit claimable for invoices or debit notes not uploaded by suppliers into returns that populate the recipient's GSTR 2A, by referencing the eligible credit appearing in GSTR 2A. The rule was enacted and subsequently amended to reduce the permissible additional ITC; its practical effect is to compel suppliers' timely and accurate reporting, require recipients to reconcile monthly and retain supporting workings, and to ensure claims meet the statutory eligibility conditions and recordkeeping obligations. (AI Summary)
Goods and Services Tax - GST
Annual return filing eligibility clarified: optional filing for small taxpayers and optional tables permitted, with audit requirement for large taxpayers.
For F.Y. 2019-20, taxpayers with turnover up to two crore need not file Form GSTR-9; those with turnover between two and five crore must file GSTR-9 while GSTR-9C remains optional; taxpayers above five crore must file both GSTR-9 and audited GSTR-9C. The filing due date was extended to 28.02.2021 and the audit threshold for that year was temporarily raised to five crore. Multiple tables in GSTR-9 and GSTR-9C-relating to ITC reporting formats, ITC reversals, auto-populated ITC, refund and demand details, purchase classifications and HSN summaries-are declared optional for F.Y. 2019-20. (AI Summary)
Goods and Services Tax - GST
HSN code digit requirements updated: expanded digit precision for larger turnover and specified chemicals mandate on invoices.
Rule 46 requires HSN on tax invoices. Notification No.78/2020-CT (effective 01.04.2021) revises prior turnover-based tiers, requiring four-digit HSN for taxpayers below a specified aggregate turnover threshold and a higher-digit HSN for those above it, while supplies to unregistered persons are excluded. Notification No.90/2020-CT (effective 01.12.2020) imposes an eight-digit HSN requirement on invoices for specified chemical goods. Taxpayers must determine appropriate HSN codes using existing rate and exemption notifications and may seek expert classification where multiple codes are possible. (AI Summary)
Goods and Services Tax - GST
Dynamic QR Code compliance relaxation extended; penalty waiver applies during transition, with mandatory QR requirement thereafter.
The requirement to provide a cross-reference of payment using a Dynamic QR Code on B2C invoices for taxpayers exceeding the prescribed aggregate turnover threshold is subject to a transitional waiver that suspends penalties during the interim, conditional on the taxpayer implementing the QR-code requirement from the start of the subsequent compliance phase. The QR code must be configured by the taxpayer, and a Dynamic QR Code displayed digitally with payment cross-reference qualifies as compliance; specified supplier categories remain exempt. (AI Summary)
Goods and Services Tax - GST
Invoice Furnishing Facility allows quarterly filers monthly invoice submission; changes filing periodicity and introduces auto-drafted credit statements.
Invoice Furnishing Facility allows quarterly filers to furnish outward invoices monthly for the first two months of each quarter with those invoices excluded from GSTR-1, while the third-month invoices are reported in quarterly GSTR-1; rule amendments introduce a monthly auto-drafted GSTR-2B for input tax credit, amend due dates and payment obligations for GSTR-3B, require quarterly filers to make monthly payments via Form GST PMT-06, provide an opting mechanism under rule 61A, and revise the e-invoice applicability threshold for B2B supplies. (AI Summary)
Goods and Services Tax - GST
E invoicing mandate requires IRN and QR on eligible invoices; persistent return non filing may trigger e way bill blocking.
E invoicing is mandated for taxpayers above the turnover threshold, requiring an Invoice Reference Number (IRN) and QR code on eligible invoices; initial October relaxation allowed IRP reporting within thirty days but from November all eligible invoices must carry IRN and QR. Taxpayers must transmit standardized master codes (HSN, state, country, port, currency, UQC) to the IRP; lists of enabled GSTINs and GST Suvidha Providers are published. A mobile app permits IRN/QR verification and GSTIN status may be updated at the IRP. E Way Bill generation can be blocked for persistent non filing of specified returns. (AI Summary)
Goods and Services Tax - GST
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