Notices to 10,000 depositors post demonetisation The revenue department has issued preliminary notices to about 10,000 people under the benami law seeking source of income details as it analyses data on deposits of cancelled notes after the November 2016 demonetisation.
Interest on Delayed Payment of GST Interest on delayed payment of GST and we will also discuss interest for any mismatch of claim of input tax credit.
How to fill table 7 in GSTR 4 You need to provide the details under Column 7 provided under GSTR 4 which titles as “Amendments in Outward Supply details furnished in returns for earlier tax periods in Table No. 6”. Table 6 is the one where we provide details of outward supplies.
Time of Supply For Continuous Supply of Service under GST Time of supply of service in case of continuous supply of service and time limit within which invoice has to be issued.
Time of Supply of Service under Goods & Services Tax (GST) We will discuss here on time of supply of service under the normal charge and under reverse charge mechanism. Time of supply is the very important topic as it will determine when the liability to pay tax on service shall arise.