Major GST Updates in 53 GST Council Meeting

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Күн бұрын

53 GST Council Meeting GST Updates. Here are the key updates in 53 GST Council Meetings
0:00 Intro to Topic
1:05 Waiver for Interest and penalty for us 73
3:20 Relaxation for Sec 16(4)
12:17 Reduction of amount for appeal by govt
12:42 Reducing amount of pre deposit for appeal
14:26 applicability of GST on ENA
15:04 reduction in rate of GST TCS by ECO
16:55 Time for filing appeal to appellate tribunal
17:25 Extension in due date of GSTR 4
18:58 No interest if balance is available in cash ledger
22:18 Recover short GST
24:04 Refund of additional IGST
24:30 Valuation of supply for of import of service
26:20 ITC on ducts & manholes
26:31 POS on custodial service provided to foreign portfolio
27:44 Applicability of Sec 16(4) for invoices under RCM
31:18 New GSTR 1A in GST Return
32:00 Exemption of GSTR 9 for FY 2023-24
32:27 Penal provision of Sec 122(1B) apply on specific ECO
33:35 Amendment in rule 142
34:02 Biometric Aadhar authentication in PAN India
34:32 Common time limit for Sec 73 and Sec 74
36:32 Sunset the provision of Anti-Profiteering
37:01 Refund of IGST is not available in case export duty payable
37:16 Threshold for Table 5 of GSTR 1 reduce from 2.5Lakh to 1 Lakh
37:50 GSTR 7 need to file mandatory
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Пікірлер: 68

@azadsvinod5394 11 күн бұрын

I can relate to your happiness. My father had an old business now closed.. now GST issued 2.5 lakhs of demand u/s 16(4) . We have many financial problems and was very worried. But now after this GST announcement i am very happy. The liability is now nil.❤❤❤

@generalbear6587 11 күн бұрын

Same here

@gdfvvvgr 9 күн бұрын

Bro wait it is not notified yet

@azadsvinod5394 8 күн бұрын

@@gdfvvvgr hope ❤️

@azadsvinod5394 8 күн бұрын

@@gdfvvvgrfor the first time realising the powers of a minister.

@nareshkarnani1223 12 күн бұрын

Sir ji RCM ke case mai self invoice only URD se service lene per hi issue karna hota hai kya?

@nna4635 Күн бұрын

Input issues are not friendly. I mean sometimes one vendor does not credit in time. If another colum is given either one can credit on behalf of the transaction..

@mohansontiyal3830 12 күн бұрын

sir mene credit reversal and reclaim ledger m opening balance nhi dala or mene kuch ITC claim karna tha pr mene Bina opening balance dale hi claim kr liya ab ledger m negative balance aa rha h ab m usse reverse kaise karu ?? pls guide me sir

@sachintiwari8305 12 күн бұрын

sir kya e-invoice ko gstr-1 mai amende kiya ja skta hai , koi circular ho to bta dijiye

@rautgulshan 12 күн бұрын

Sir, section 43B(h) me koi amendment ny aaya kya??? Msme wala?

@rishikumarsahni3145 11 күн бұрын

Very informative video ....Thnks

@narendersingh8840 6 күн бұрын

Sir ye notification kab aayega

@rajaagarwal4429 10 күн бұрын

Sir please help me gstr 3b me reclaim ke colum me amount fill kerne ke bad bhi yeh total itc me add nahi hota hai or nahi liabilities adjusted hota hai Sir please reply

@rahulrajendran6141 12 күн бұрын

Very good explanation bhaiyya

@afzaalakhtar8285 12 күн бұрын

SIR F. Y. 2019-20 KA NOTICE 73 MAI AAYA HAI, 2A AND 3B ITC MISMATCH KA, 2A MAI ALL INVOICE SHOW HO RHE HAI LAIKIN SUPPLIERS NAI GSTR 1 LATE FILE KIA HAI AUR 3B BHI FILE KIA HAI, AB KUCH BENIFIT HOGA KYA?

@Nikhildsamant 10 күн бұрын

Good afternoon. One of my Client is eligible for both benefits ie waiver of Interest and Penalty and allowance of ITC u/s 16(4) (all returns filed on 30.11.21) FY is 2019-20. We have already appealed against the said order and are awaiting admittance of appeal. How can we avail the benefits?

@sachintiwari8305 12 күн бұрын

Thanks for briefing sir

@sks3375 11 күн бұрын

Elections se pehle aa jaati to BJP ki 30 seats aur increase ho jaati...

@commercevallah5751 9 күн бұрын

Sir maine interest pay kr dia hai kya refund claim kr sakte hai

@amitsachan2291 12 күн бұрын

gst cancel ke hone ke baad kitne time tak usko revoke kar sakte hai

@user-zf4hg9ir3z 12 күн бұрын

DRC-07 issued with penalty. And shown in Liability Register. Tax and Penalty. How to reduce penalty in set off.

@somanathannair8938 6 күн бұрын

Sir We have received letter after paying full tax under section 41 Is it considered under mentioned recommendation Kindly confirm

@jyotindrasanghavi2793 11 күн бұрын

Sir. Section 16(4) w.e.f. whenever applying.

@luckyparklands4405 12 күн бұрын

Sir, as the tax official jo do saal se hum per pressure dekar aur time extended kar kar ke scn/oio issue karvaye aur sincere tax payer ne tax with interest penalty deposit Kiya unka kya??

@manojsaxena310 11 күн бұрын

Ye video hi bekar hai, notification se bade taxpayers jinhone dispute kiya hai 73 ka unhe fayada hua hai, small msme's to bechare tax pay kar ke businesses hi band kara baithe. Ye financial guruji log bina on ground reality ke kuch bhi gungaan karte hai sarkar ka

@rajatiwary-z3o 8 күн бұрын

NICE

@su85jeet 12 күн бұрын

Thanks sir we trust you 🙏

@MrDakshVerma 10 күн бұрын

Sir Maine form 10iea mei verification mei place galat enter kar diya tha ab return file ho choki h ab kya kru

@sksharma7787 11 күн бұрын

Sir I received 9700/m hardship allowance. How many exemption

@RamBabu-yh2rn 12 күн бұрын

Sir Gst registration online karne ke baat adhar biometric authentication kaha se karana padegi

@rajatagrawal3730 9 күн бұрын

Bhai Sahab aap new practice kr rhe ho kya

@AnimeshSen-wo7tn 10 күн бұрын

sir kuch case ka practical videos banaye. or notice ka reply drafting practical videos.

@RahulDutta-hn5pg 10 күн бұрын

Do I need to file an ITR for FY 2023-2024 if my crypto trading income is less than Rs 5,000?

@priyprakashdubey2316 12 күн бұрын

Sir ji section 16(4) me appeal Kiya gya hai uska kya hoga 10%pre deposit krke

@Devendra_Davane 11 күн бұрын

You will get refund after appeal order

@nna4635 Күн бұрын

Also reduce GST on Rental income or raise the Treshhold upto 40lakhs.. In today's world education expenses and inflation is too high to maintain family. Simply increase in income tax slab without income is of no use. 😢

@Aman1234590 11 күн бұрын

Sir some notices have been issued to my clients U/S 74 and not 73 because U/S 73 it would have been time barred. Will the benefit apply for them too?

@FinTaxPro 10 күн бұрын

@prathamsharma5197 10 күн бұрын

Sir aapke saare courses bhut kamaal ke hain but sir mujhe corporate entity ka audit banks ka audit mnc companies ke audit kaise kiye jaate hain uska bhi course chahiye itr 6 aur itr 7 aapke gst tds vale course mein nhi hai please sir inn chizo pe bhi ek course develop kare unn learners ke liye jo taxation ko deeply sikhna chahte hai

@sumitrana8560 9 күн бұрын

People be like Election se pehle hota to ye hota vo hota but unable to accept the reality, what an irony

@girijeshpandey2599 9 күн бұрын

3B late filing Intt. for 2017-18 waive ??

@girijeshpandey2599 9 күн бұрын

please reply

@ExpertTallyPrime 8 күн бұрын

Sir do you have any health Problem, looking differently today !!!!

@amritagupta1243 11 күн бұрын

Sir aap ne kaha tha aap sunday to qna session loge

@SivaKumar-rj3zv 11 күн бұрын

GST GUNDAS SERVICE TAX BECAUSE ALL THESE IDIOTIC NOTIFICATIONS WILL COME AFTER THE MAXIMUM COLLECTIONS WERE DONE BY ISSUING NOTICE AND THREADENING OVER PHONE

@user-jg2kr5wm9x 12 күн бұрын

Sir, pahle maine ITR 1 (F.y. 23-24) file kiya tha aur e verify v ho gya tha lekin itr process hone se pahle revise karke ITR 3 file kr diya. Aaj muje ITR 1 process hone ka massage aaya hai u/s 143(1). Aur ITR 1 ke hisab se refund isaue hua hai. To kya ab ITR 3 process hoga aur refund accordingly adjust hoga aur ITR 3 ko final consider kiya jayega??? Kyoki mujhe lag rha tha ki maine revise karke ITR 3 file kiya hai to ITR 3 hi process hoga aur ITR 1 KO aise hi chhod diya jayega.. Please Clarify.. Thank you..

@pradippadule803 12 күн бұрын

Financial year kab ka tha

@user-jg2kr5wm9x 12 күн бұрын

@@pradippadule803 F. Y. 23-24

@sonugupta6831 11 күн бұрын

sir aapne jo updates btaye hai uski pdf mil sakti hai?

@FinTaxPro 11 күн бұрын

Yes telegram channel join kar lijiye uspe share kiya h pdf t.me/fintaxpro

@user-eg8zg3dd7o 11 күн бұрын

sir section 16(4) provides time limit to claim itc on rcm?

@user-eg8zg3dd7o 11 күн бұрын

is there time limit to claim itc on rcm?

@FinTaxPro 11 күн бұрын

There is no separate concept of “ITC on RCM” it is treated as normal input tax credit.

@user-eg8zg3dd7o 11 күн бұрын

@@FinTaxPro ok so 30th nov is time limit for previous fy even for itc on rcm.right?

@user-eg8zg3dd7o 11 күн бұрын

@@FinTaxPro irrespective of purchase from unregistered or registered delaer.time limit for py rcm itc 30th nov in normal case? And for old years means for which 30th nov time limit is crossed.rule for purchase from unregistered dealer only ?

@aadishivivlog127 12 күн бұрын

CSC walo ka return kese bhare it ka pls video banaye

@AnimeshSen-wo7tn 10 күн бұрын

already banaya hua hai sir ne

@akhilgoyal6175 Күн бұрын

Want pdf

@niharvora2848 12 күн бұрын

India government asi honi chahiye jaha political party Jayda tax de aur ak am adami kam tax de

@niharvora2848 12 күн бұрын

Gst law ki modi government ne itni gad bad kar di nahi gst officer samja sake nahi log India k daily kuch na kuch na new

@user-xn8rb1lv8y Күн бұрын

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 itna khus

@shahnawazali7254 11 күн бұрын

Election ke result ki wajah se hi to ye sab designs liye gye h

@rimislifestyle6135 12 күн бұрын

Sir mere pichle saal 10lakh ke turnover tha f.y 2022-23 mei . Abhi mei jab f.y 2023-24 ke ITR varne ja rhi hu tab mere turnover 28 lakh show kar rha h or ismei TDS bhi 28000 deduct hue hai . Ab mei agar ITR fill karungi toh department se koi Notice ayega kiye q ki mei abhitak GST registration nhi kiye hua?? Please sir reply dijiye?

@FinTaxPro 11 күн бұрын

No issue