Cenvat credit on inoivces issued by Third Stage Dealer Cenvat credit admissibility is based purely on the invoices issued in this regard. The invoice can be issued by the manufacturer or by the dealers registered as dealers under Central excise. The chain of dealers permitted to pass on duty credit is upto second stage dealer […]

Furnishing details of inward supplies under GST Section 33: Furnishing details of inward supplies The proviso in the revised draft reads as follows: (1) Every registered taxable person, other than an input service distributor or a nonresident taxable person or a person paying tax under section 9, section 46 or section 56, shall verify, validate, […]

SERVICE OF NOTICE UNDER MODEL GST ACT In the course of time the GST Authorities may take various decisions, issued orders, issued summons, notice or other communications to the assessee or other required persons. The service of communication of any sort is to fulfill the requirements of principles of Natural Justice. Serving the same is […]

GST – Simplified Meaning GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The […]