Section 56 of the CGST Act, 2017 read with Rule 94 of the CGST Rules, 2017 governs the provisions for Interest on delayed refunds. 1. When liability arises to pay Interest on Refunds? If any tax ordered to be refunded under sub-section (5) of section 54 to any applicant is not refund...
This data has been extracted from A Statistical Report on Completion of 3 years of GST released by Goods and Services Tax Network on 3rd Anniversary of GST. Source of the entire data produced here is from this document released by GSTN. 1. Active Taxpayers as on 30th June, 2020: Summary
Rule 26 of the CGST Rules, 2017 governs the provisions for Method of authentication 1. What all shall be submitted electronically with digital signature certificate or ...
GST Audit by tax authorities u/s 65 of the CGST Act, 2017 - Meaning, Definition, Purpose, Scope, Legal authority, Powers of Officers, Timelines and process after completion of audit. 1. What is the meaning of Audit? Audit’ implies – Detailed examination of i. Records,...
Basis Audit by Tax Authorities Special Audit Applicable SectionSection 65 Section 65 Applicable Rule Rule 101 Rule 102 Other Applicable SectionsSection 70 & 71 to give evidence or to produce a document or any other thing. Section 73 & 74 ...
Departmental Auditor would be looking forward to these things while checking Admissibility of Input tax credit during audit. III. Admissibility of Input Tax Credit?
