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Sec 76 of cgst act

Web1 day ago · Bombay High Court held that extended period of limitation not invocable as there was no suppression, misrepresentation or fraud committed by the assessee. Facts- This is an appeal filed under Section 35 (G) of the Central Excise Act, 1944 at the behest of the Principal Commissioner of the Commissionerate of Goods and Services Tax impugning … WebWelcome to A2Z Taxcorp LLP. A2Z Taxcorp LLP is a boutique Indirect Tax firm having its offices at New Delhi and Guwahati specializing in GST, Central Excise, Custom, Service Tax, VAT, DGFT, Foreign Trade Policy, SEZ, EOU, Export – Import Laws, Free Trade Policy, etc. It is a professionally managed firm having a team of experienced and ...

CA Ritik Chandel on LinkedIn: Punjab AAR disallowed ITC where …

Web(1) Notwithstanding anything to the contrary contained in any order or direction of any Appellate Authority or Appellate Tribunal or court or in any other provisions of this Act or … WebDisclosure of information by a public servant under GST - Section 158 of CGST Act , 2024; MOST DRACONION PROPOSED SECTION IN THE HISTORY OF GST; Section 188 of Companies Act 2013 Related Party Transactions; Intermediary Under GST; Advance Ruling Under GST; Section 145 of CGST Act : Admissibility of micro films, facsimile copies of … facts about sweden in english https://ayscas.net

Section 52 of CGST Act 2024 GST Doctor

WebSr. No. Notice u/s 73. Notice u/s 76. 1. Under section 73 of CGST Act, proper officer can serve notice to a person where it appears that any tax has not been paid or short paid or erroneously refunded, or where input tax credit has been wrongly availed or utilised for any reason, other than the reason of fraud or any wilful-misstatement or suppression of facts … WebAt this pace the magic figure of INR 1.8 trillion GST revenue collection is a cake walk in April 2024. Thanks to increased filing compliance, ITC restrictions… Webwith the provisions of Section 49 of the CGST Act. (v) A summary of every order in FORM GST MOV-09 and FORM GST MOV-11 shall be uploaded electronically in FORM GST-DRC-07 on the common portal.” A reading of sub-section (3) of Section 129 of the CGST/SGST Acts, the provisions of Rule 142 referred to above and the provisions of the dog and bite and liability

3. Handbook on Show Cause Notice - Approach and Reply under …

Category:Section 76 of CGST Act 2024 GST Doctor

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Sec 76 of cgst act

Finance Act, 2024 Corrigenda

Web2 Jul 2024 · Section 76 deals with a situation of tax collected but not paid to Government. Any amount collected “as tax” under the GST Acts, must be remitted Immediately to the Government irrespective of whether the supplies made were taxable or not. Web30 Nov 2024 · Section 76 of the act speaks about tax collected but not paid to Government. It is provided that every person who has collected any amount representing the tax, and …

Sec 76 of cgst act

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WebSection 76 – Tax collected but not paid to Government; ... Protection of action taken under this Act; Section 158 – Disclosure of information by a public servant; ... Next Next post: Section 1 – Short title, extent and commencement of CGST ACT, 2024. Search for: Search. ANY ENQUIRY CALL (+91)94616-20007. Quick Contact. Your Name (required) Web(1) Notwithstanding anything to the contrary contained in any order or direction of any Appellate Authority or Appellate Tribunal or court or in any other provisions of this Act or the rules made thereunder or any other law for the time being in force, every person who has collected from any other person any amount as representing the tax under …

Web(7) The supplier who has supplied the goods or services or both through the operator shall claim credit, in his electronic cash ledger, of the amount collected and reflected in the statement of the operator furnished under sub-section (4), … Web5 Jul 2024 · Section 2 (77): Meaning of Non-resident Taxable Person. Non-resident Taxable Person means any person who occasionally undertakes transactions involving supply of …

Web5 Nov 2024 · The Madras High Court has held that the Proviso to Section 50 of the Central Goods and Services Tax Act, 2024 (‘CGST’) Act is retrospective in operation notwithstanding the notification bringing it into effect from 1 September 2024. Interest for delayed payment is thus leviable, with effect from 1 July 2024, only on that portion of the output GST … WebSection 76 comes into play only when the tax collected is not paid. Therefore, it can be presumed that if the amount of tax collected, interest thereon and penalty as above are paid before show cause notice is issued, penalty will be only 10% or Rs.10,000/- whichever is higher and if not, penalty can go up to 100%. 11.

Web10 Show cause notice under Section 76 In this booklet, we are going to cover show cause notice issued under Sections 73, 74 and 76 in particular. Nevertheless, the basic …

WebRecently, the Finance Act of 2024 received the President's assent on March 31, 2024. The Act introduces several amendments to the Goods and Services Tax (GST)… facts about sweets for kidsWebSection 76 of CGST Act 2024: Tax Collected but not Paid to Government (CHAPTER XV – DEMANDS AND RECOVERY) (1) Notwithstanding anything to the contrary contained in any order or direction of any Appellate Authority or Appellate Tribunal or court or in any … facts about sweet potatoes for kidsWeb1 Aug 2024 · CGST Act section 76, Every person who has collected from any other person any amount as representing the tax under this Act, and has not paid the said amount to … facts about sweets and chocolate