Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions

Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions | CA Bimal Jain

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Ай бұрын

Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions | CA Bimal Jain
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Пікірлер: 47

@kiranreddy5715 Ай бұрын

CA Bimal Jain Wonderful Person - I wanted to express my admiration for your work and dedication. The GST system has indeed faced numerous challenges and inconsistencies, causing significant trouble for genuine business owners. To achieve our goal of a $5 trillion economy, it is crucial to address and rectify these fundamental taxation issues. Without these corrections, many good businesses might either leave the country or cease operations.

@sohansuthar7496 Ай бұрын

The way you present case law and explain provisions is incredibly helpful to us. Your content is truly valuable. Thank you

@ranjeetjha8524 Ай бұрын

Sir your lecturer is mind blowing. 🙏🙏

@aadarshjain7383 Ай бұрын

Thank You Sir...Please upload more videos like this..

@JavedKhan-xc5dj Ай бұрын

Thanks sir. For valuable guidance.

@SINDHU-kj1gm Ай бұрын

THANKS FOR THE VALUABLE INFORMATION

@habiburrahmankhan3091 Ай бұрын

Thanks for knowing

@alokagarwal7763 Ай бұрын

Vary appreciable approach Under Right of equality when govt wants interest on every pending penny o from tax payer ,then whatever credit tax payer is having in its ledger on government should also generate interest.

@rajeevkhulbe4937 Ай бұрын

Bahut hi badiya video sir upload more video sir

@p55237 Ай бұрын

Thanks sir for this wonderful information

@sudhirkumar-dx2jr Ай бұрын

Excellent lecture ..

@pravinshitole8203 Ай бұрын

Thankyou sir

@parveenkumar-pq6ml Ай бұрын

Really help your video in reply always thanks sir

@rajmohannigam9057 Ай бұрын

bahut badhiya sir

@happylearningsharing8859 8 күн бұрын

Argument was done based on section 41(2) as amended w.e.f 01.10.2022 in case of Intas Pharmaceuticals Limited v/s the Dy comm CGST & CEx Div VI, Ahmedabad-North

@cacvsuryam3820 Ай бұрын

Replied to SCN by relying on this provision and the adjudication authority categorically during discussions accepted this. Yet to receive orders. This is for 2019-20 to 2021-22. This argument is based on your earlier inputs in one of the webinars. Thank you so much sir. 🎉

@25neeta Ай бұрын

2019-20 pls edit

@cacvsuryam3820 Ай бұрын

@@25neeta thanks

@nileshmehta8752 15 күн бұрын

. 😊😊 @@cacvsuryam3820

@pratapghag7572 24 күн бұрын

The provisions have been explained in details with legal judgements and what will be future likely amendments in the provisions.

@dhsikka Ай бұрын

Great Sir❤

@jatintayal4047 Ай бұрын

Key points: 1. 30 nov tk no interest thereafter interest will be levied only when utilized... Audience bdi sust h sir.. 2. There is no time limit for re-availment of ITC. 3. I think 17(5) restriction are unconstitutional...

@rakeshdatt530 Ай бұрын

1-original tax paid to suppliers 2- reversal of tax 3-interest 4- penelty it means 28% wale good pr 112% tax pay kro

@rohittripathi3947 Ай бұрын

👏👏

@manjunath7010 26 күн бұрын

Sir The Gst law rule makers very well aware that pre gst period cenvat credit allowed incase of nonpayment of buyers why they arenot considering while framing such rules .

@AbdulHakim-ur7mm Ай бұрын

Sir can you explain this Supplier had uploaded invoice under RCM for F.Y. 2018-19 but it was Forward Charge and Department raised SCN based on GSTR 2A VS GSTR-3B difference. I had given explanation with certificate given by supplier under circular 183 in which they had mentioned in first qtr our all supply was reported under RCM in GSTR1 by our consultant but we had made payment by considering as FCM. They had provided to liability register and GSTR 3B which is clearly reflecting payment made by supplier. Then even they had issued demand against us. The amount involved was less than 5-Lakh

@advocatevedprakashpandey6066 Ай бұрын

🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

@sonisrivastava7223 Ай бұрын

can someone pls guide from where to download sec 41(2) pdf on which prospective word is mentioned

@ankuranandsahay1954 Ай бұрын

If supplier doesn't exist now for example cox and king then what is future course of action.

@vijayshetty2389 Ай бұрын

41(2) Section

@sashankagarwal3413 Ай бұрын

Sir one question: What is the process to check 3b has been filled by the supplier, because at the moment when we are availing GST ITC for that month every supplier is pending to be file Form GSTR 3b.

@chennareddyindla2349 Ай бұрын

Sir, in some states some poor people opening GST and giving invoices without actual movement of material they are taking 5% and giving invoices. The recipient also know they don't have shops. In that case how govt pay buyers when seller won't pay . So if govt. Insist then the buyer's go real sellers who have shops.

@ayanpaul1844 Ай бұрын

Sir i watch all ur videos .How can i reach u and talk to u ?

@HimanshuSharma-wt1tm Ай бұрын

Thank you so much, Sir, for providing such valuable information.I have one query regarding one of my clients. In the financial year 2020-21, my client availed GST input credit on the construction of a warehouse, which has been rented out to a registered person. Although the GST credit was availed at that time, it has never been utilized and is still reflecting in the credit ledger.Is it possible to reverse this credit now and reavail it later if a favorable decision is issued by the Supreme Court?

@sashvatdistributors5364 Ай бұрын

Please sitation of S C & HIGH COURT

@nareshkumargupta1907 Ай бұрын

@dharmenderkashyap9423 Ай бұрын

But section 16(2)(c) exit since inception of GST era....then section 41(2) becomes irrelevant. Means we have to reverse ITC if tax not paid by supplier . Isn't???

@sachinmishra1044 Ай бұрын

No not at all

@CAPARTH89 Ай бұрын

How comebhigh court judges dont use their brains while giving judgements?

@Kannada722 Ай бұрын

Everything will settle if you become Finance Minister of India... Sir please contest for MP election.. 🤣

@ayanpaul1844 Ай бұрын

What can u expect with our new FM .She doesn't have clear idea abt how GST works .Thts why a CA with LLB degree must be appointed as Finance minister

@muki1611 Ай бұрын

Finance Minister has not only this job to do ....

@CAPARTH89 Ай бұрын

@@ayanpaul1844Yes. Things will change when this Lady is thrown out from Finance Ministry. She dont have any knowledge of Act and have given freehand to Bureaucrats to make any changes in law to haress business man.