WebSep 9, 2024 · Constitution (101st Amendment) Act, 2016 was introduced to make amendments in the Constitution of India for GST. Since the tax was to be levied on both a central and state basis, it was necessary to introduce constitutional amendments to maintain consistency across the centre and state. WebMar 27, 2024 · What are the benefits of GST? GST benefits are as follows:- Uniformity in Taxation Helping Government Revenue Find Buoyancy Cascading of Taxes Simpler and Lesser Number of Compliances Common Procedures Unified Portal Lowered Tax Burden on Industry and Trade Regulation of Unorganised Industries What is the HSN code? How …
Remembering the Supreme Court’s first (bad) 14th Amendment …
WebOct 8, 2024 · Recent Updates In GST till 23rd March 2024 Finalization of assessment without providing personal hearing is unjustified and liable to be quashed Writ entertained by Sikkim High Court for tax levied by Goad Government is unjustifiable Substantive GST liability falls on supplier and protective liability upon Purchaser WebMay 29, 2024 · Compensatory errors like reported inter-state supply as intra-state supply is to be disclosed carefully. If required, match the amendment made in GSTR 3B with GSTR-1. L: Supplies/tax reduced through Amendments (-Similar to entry 4(K), however, the amendments which reduce the tax liability would be disclosed in the column. M: Sub … money view financial planning apk download
GST Amendment Act - iPleaders
WebJan 1, 2024 · As per amendment in Section 16 of CGST Act, a registered person shall be entitled to claim ITC with respect to those invoices or debit notes which are uploaded by … WebIn order to amend any information post registration, the taxpayer needs to file an Application for Amendment of Registration. Application for Amendment of Registration, can be … WebFeb 2, 2024 · Summary of proposed key changes: 1. Section 10 of the Central Goods Services Tax (CGST) Act is proposed to be amended to permit composition option to … money view financial planning for iphone