Recent updates on Section 16(4): GST Amnesty Scheme Likely || CA (Adv) Bimal Jain

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CA Bimal Jain

CA Bimal Jain

Ай бұрын

Recent Changes of Section 16(4): GST Amnesty Scheme Likely || CA (Adv) Bimal Jain
📢 Time Limit to avail GST Credit u/s 16(4) of the CGST Act Challenged in SC; Notice Issued to the Revenue Department
✅ GST Newsletter: www.a2ztaxcorp.com/time-limit...
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Пікірлер: 100
@pantchitgal
@pantchitgal Ай бұрын
Wow, very nice arguments, You have really brilliant Wish you all the best from all the Indian citizens.
@vridhiacademy2509
@vridhiacademy2509 Ай бұрын
Sir, hatsoff to your energy and the way you present a tax subject..❤
@itsmethakur11
@itsmethakur11 Ай бұрын
We need more Bimal Jain to save business man against such burdensome law by insane illiterate corrupt govt officials
@adv.anuragmaheshwari5546
@adv.anuragmaheshwari5546 Ай бұрын
बहुत ही अच्छा रोड मैप तैयार किया हैं..... जीत होगी सत्य की..👏👏
@user-dl4mt1qs8r
@user-dl4mt1qs8r Ай бұрын
Gst gave us Bimalji. We are thankful bimalji for your sincere efforts and awakening videos.
@mohammedparvesh8438
@mohammedparvesh8438 22 күн бұрын
Really sir very correctly said we are waiting for judgement this will be great victory , “Entrepreneur sprit will not increases by implementing unnecessary harassment notices rightway is to support the right Entrepreneur”
@19hbytuy
@19hbytuy 22 күн бұрын
WHEN IS THE ORDER DUE
@nitujaiswal8068
@nitujaiswal8068 Ай бұрын
My respect for you has doubled sir.. You raised the burning issue on the light. Thank you so much
@girishkamat3254
@girishkamat3254 21 сағат бұрын
Congrats for being right. But what is logic of time limit for claiming credit based on date of filing return. It can at best be based period for filing return i.e assessee can not claim input credit beyond 6 months from the year for which credit relates. Anyway data is always available in GSTIN to validate and assessee will pay late fees for filing late return. GST should take country in new era of ease of doing business and should not clog him with burden of wrong provisions of past.
@rohan9869
@rohan9869 Ай бұрын
Thank you for all your efforts towards the SLP. This is going to help pan India tax payers. Hoping for order in favour of tax payers side.
@ca.mandarkale6680
@ca.mandarkale6680 Ай бұрын
Bimal Sir.... Thanks for your efforts... it's high time Hon SC not only gives a grand decision but also teaches a lesson to the babushahi
@cskrishnegowdacauditorpcs9311
@cskrishnegowdacauditorpcs9311 Ай бұрын
Thank you for filing SLP in the Apex Court, sir. You are the real mentor of GST Act.
@vaibhavagrawal7639
@vaibhavagrawal7639 Ай бұрын
You deserve the seat of finance minister sir . Big Salute to you .
@sahilthakral2244
@sahilthakral2244 Ай бұрын
"Sabka Sath Sabka Vikas". It is quoted by You. Thats true!!
@VinodSharma-gm5dt
@VinodSharma-gm5dt Ай бұрын
Taking ITC is a different activity while filling of 3B is a different activity, hence ITC avaiment can't be linked to 3B filing.
@AnilSingh-mj6lj
@AnilSingh-mj6lj Ай бұрын
This compelling argument will be invaluable to those, like myself, who are facing similar challenges.
@venkatesank4183
@venkatesank4183 Ай бұрын
Sir, the department is also watching your defence. Wonderful defence.
@sandeepjain9519
@sandeepjain9519 Ай бұрын
Thank you for filling SLP . Your are the best mentor and tax Guru 😊
@namastebharat7
@namastebharat7 Ай бұрын
Best of luck to all including me suffering anxiety due these notice demand from gst department,my gone drastically changed due these anxiety
@bharatichaudhari
@bharatichaudhari Ай бұрын
Inadequate research n study on GST Act, need to more research on to our executive subordinate of GST Council, just only one this reason responsible for all this complications
@vrs491990
@vrs491990 Ай бұрын
Thank you so much for your efforts ! Let good sense prevail !
@prakashnagdev555
@prakashnagdev555 Ай бұрын
Definitely We will get it in favour because the amendment was with retrospective effect
@officecs6144
@officecs6144 Ай бұрын
Very Nice sir hope we can get Amnesty Scheme after General Election Result
@praphullsharma6206
@praphullsharma6206 14 күн бұрын
Hello Sir, You Are Great, Aapka Expectation is Lajawab..., Thank's Praphull Sharma Accountant, Delhi
@jollyhunk5011
@jollyhunk5011 Ай бұрын
Every Point of discussion is lesson sir.. You are Gem of Our Profession
@s.nbadarinath8031
@s.nbadarinath8031 Ай бұрын
Fantastic efforts for the survival of the business. It will be succeeded Sir. Great work.
@nanujaiswal
@nanujaiswal Ай бұрын
My Assessee has received 16(4) notice because they had filed all its pending return for FY 17-18, 18-19 under Amnesty Scheme in Sept 19 to regularise... durring COVID... Under that ITC had been availed as per respctive Return period only...
@vinodadvani9176
@vinodadvani9176 Ай бұрын
Best possible solution: time limit under section 16 (4) may be linked to the time limit for filing returns incl annual returns and issuance of notice u/s 73 or 74. If any of the time limit related to returns or notices gets extended, time limit u/s 16(4) should automatically get extended by that number of days.
@plsharma5177
@plsharma5177 Ай бұрын
U r a genius. All traders should b proud of u and your style of giving arguments
@ress7850
@ress7850 Ай бұрын
Must available cradit on grounds which present by your good self in slp. becouse not to be labelled for denied.Hence keep in your mind,must success.
@dhsikka
@dhsikka Ай бұрын
Well-done Sir, Salute ❤
@sushiljain9948
@sushiljain9948 Ай бұрын
Big salute to you sir
@umadeviveeraraju2830
@umadeviveeraraju2830 Ай бұрын
Thank you it will helpful to all in Bharat
@abhijitdas-we5fg
@abhijitdas-we5fg Ай бұрын
Sir ❤ dil se aapko dhanyabad,,,thanks
@ayushgoyal1430
@ayushgoyal1430 Ай бұрын
mindblowing speech sir.
@atulpuranik8506
@atulpuranik8506 Ай бұрын
Sir very good ground, we are also keeping our fingers crossed
@trupeshvanpariya9928
@trupeshvanpariya9928 Ай бұрын
Really very deep study and by heart all the timelines and sections and cases It shows to much knowledge 🎉
@neeleshkushwaha
@neeleshkushwaha Ай бұрын
Very Nice information Sir Ji ☺️
@sarveshbaldi4800
@sarveshbaldi4800 Ай бұрын
Gstr 3B notified under rule 61 starts with phrase " where date for gstr 1 or gstr 2 is extended" , , now in each such notification regarding extension of dates, no date for gstr 2 has been notified (even though gstr2) utility was available on common portal. Blanket extensions without specifying dates cannot be ground to notify gstr 3B under rule 61. Also on perusal of vetter gst law by gst council on 4.3.2017, there is no mention of DUE DATE in section 16(4).
@chaityamodi9411
@chaityamodi9411 Ай бұрын
Sir aap to TAXATION ka heart ho.
@kamlapurico.1454
@kamlapurico.1454 26 күн бұрын
Sir they are issuing notices only for thier own purpose. They are not doing jaob for nation's purpose.
@sharadgurav1
@sharadgurav1 Ай бұрын
Very very nice,hope for best
@gururajpatil7302
@gururajpatil7302 Ай бұрын
Sir you are great Bimal ji
@ajittejwani6472
@ajittejwani6472 Ай бұрын
Great Sir You Are Great
@ramudgaryadav2760
@ramudgaryadav2760 Ай бұрын
Great sir aapka all vedio dekhate h so plz maximize to maximize vedio dale gst ka
@mohammednasir3972
@mohammednasir3972 Ай бұрын
Thank you so much Sir
@joshisheshgiri2108
@joshisheshgiri2108 Ай бұрын
16 (4) casgrading , the department is taking double the tax plus interest here department is not looser of tax rather then more benifit
@kuldeeprastogi3366
@kuldeeprastogi3366 Ай бұрын
Mesmerizing appeal
@kamalbajaj2243
@kamalbajaj2243 Ай бұрын
Excellent
@petsfunnylife2966
@petsfunnylife2966 20 күн бұрын
Salute you sir❤
@asisdutta8502
@asisdutta8502 Ай бұрын
Nice points sir...Ty for the SLP..
@pankajpanara4630
@pankajpanara4630 Ай бұрын
Thanks Sir for Raising this matter
@sagarvora3639
@sagarvora3639 Ай бұрын
Thank you Sir.. we also got the notice on the same section for same FY 19-20 & this video will help me a lot.
@rakeshdatt530
@rakeshdatt530 Ай бұрын
court is so clever agar govt fir se sitaraman kin banti h to tax payers koi benefit nahi dena
@santoshpatil546
@santoshpatil546 Ай бұрын
Excellent sir
@AnilSingh-mj6lj
@AnilSingh-mj6lj Ай бұрын
Excellent 👌
@santudutta7645
@santudutta7645 Ай бұрын
Thank you sir Bahut tension me hai
@canaveenkumar7062
@canaveenkumar7062 Ай бұрын
🤞 Thanks for the effort.
@nileshsarda
@nileshsarda Ай бұрын
Great Sir
@DeepakGupta-kc5ns
@DeepakGupta-kc5ns Ай бұрын
Very nice thanks 🙏🙏
@khemendrajangir29
@khemendrajangir29 25 күн бұрын
I am waiting for the judgment which would be in favour of assessee in section 16(4) on time limit
@souvikguha8444
@souvikguha8444 5 күн бұрын
Sir, isn't Eicher Motors Ltd. And Anr vs Union Of India And Ors. Etc on 28 January, 1999 passed by Hon'ble S.C. applicable for the section 16(4) of GST.
@trupeshvanpariya9928
@trupeshvanpariya9928 Ай бұрын
Superb 👌
@shankarpatil6872
@shankarpatil6872 Ай бұрын
Too good sir
@rohittripathi3947
@rohittripathi3947 Ай бұрын
👏👏
@TomJerry-fm1jr
@TomJerry-fm1jr Ай бұрын
You are a genius but our rotten system will take time to upgrade.
@gajendraasankhla5738
@gajendraasankhla5738 3 күн бұрын
Next GST meeting in Aug 2024 Agenda for Aug 2024 1. Petrol & Diesel under GST 2. FERTILISER GST FREE
@brajeshsah2343
@brajeshsah2343 Ай бұрын
Very nice effort in the interest of MSME. Can I send you some suggestions based on the journey of indirect taxation.
@thiruvayuchakka9799
@thiruvayuchakka9799 Ай бұрын
Availing Input Tax Credit (ITC) and paying taxes are distinct obligations. Combining them as one task in the form of GSTR-3B was incorrect. Jain Sir please look into this angle also
@indushvein5674
@indushvein5674 Ай бұрын
Jain sir, Will it be pplicable for 17-18,18-19 also
@narayanshivhare4151
@narayanshivhare4151 Ай бұрын
Very Gd sir
@taxguru5872
@taxguru5872 Ай бұрын
Sir aap case jrur jeetoge❤
@sushiljain9948
@sushiljain9948 Ай бұрын
Thanks sir
@ramniwas9380
@ramniwas9380 Ай бұрын
Jai ho
@sarveshbaldi4800
@sarveshbaldi4800 Ай бұрын
Inequality when one person files a lower tax liability (even though actual liab is higher) and claims full ITC and other tax payer files belated return but shows actual tax liability.
@ARVINDGUPTA-uf9hr
@ARVINDGUPTA-uf9hr Ай бұрын
Very nice video ❤
@taxguru5872
@taxguru5872 Ай бұрын
Sir aap apna ek office Himachal m bhi open kriye sir ❤
@ashishgupta939
@ashishgupta939 Ай бұрын
Sir, I have a question Why we can not putting this point that system is not blocked this credit at the time of availing?
@saiffgbdgdhbbhvasu7518
@saiffgbdgdhbbhvasu7518 Ай бұрын
BIMAL SIR MANY MANY THANKS FOR FILING WRP IN SC AGAINST RUTHLESS GOVT HEADED BY SO CALLED VISHWAGURU PRAJWAL RAVANNA SUPPORTER NEECH NIKRUSHT NARADHAM WHO BROUGHT THIS GABBAR SINGH TAX
@babuc-ce2dm
@babuc-ce2dm Ай бұрын
I sir i have received notice time limlit after cerdit avail plz what to do now
@awadhsoni3139
@awadhsoni3139 Ай бұрын
मिल जायेगा 👍
@raushanprasad8577
@raushanprasad8577 Ай бұрын
What about GST on credit Balance of debtors written off ?????????
@kamalshg
@kamalshg Ай бұрын
Definitely, section 14 sub section is violative to the constitution. No such section can be implemented which restricts the tax payers. Further as per my opinion there are some more points which need to be highlighted. But, Vimal ji I would like to discuss with you, if we may communicate.
@19hbytuy
@19hbytuy 22 күн бұрын
I GOT THIS NOTICE TODAY................WHAT IS THE NEXT STEP...........ALREADY SENT TO CA FOR EVALUATION.......
@dheerajchawla8687
@dheerajchawla8687 Ай бұрын
Sir GSTR 1 Ki late fees m bhi relaxation aa sakta hai amnesty me Kyuki GSTR 1 BHI late file hue hai during COVID
@itsmethakur11
@itsmethakur11 Ай бұрын
Meanwhile how to reply to SCN DRC01 for same 16(4) case for march 2020 which was filed on 18/12/20
@KuKu_247
@KuKu_247 3 күн бұрын
Sir We have purchased goods from supplier, by mistake supplier GSTR1 Retrurn filed on our another state Gstin, can we avail Gst input or not, if no what should be pay tax under RCM or not..? Pls suggest..
@jayasimmanr8614
@jayasimmanr8614 Күн бұрын
Sir i have already paid intrest of 2019 20 what to do sir
@kmanoj889
@kmanoj889 Ай бұрын
Sir ye kb aayega
@riteshgadia8691
@riteshgadia8691 Ай бұрын
हमने सांसद को बोला है उनको तो मालूम ही नहीं था की इतनी तकलीफ है gst मे officers तो सभी मीटिंग मे कहते है की sir dealer तो खुश है पर lawyer को तकलीफ है अभी तो पुरे देश मे कोई हड़ताल नहीं हुई है only टेक्सटाइल वालो को छोड़ कर. संसद लोगो से बात करो saminer मे नहीं सिद्ध बात कर समझा जायगे officer लोगो को नहीं समझाना चाहिए
@bharatshah5563
@bharatshah5563 Ай бұрын
😮 21:15
@hemantk4014
@hemantk4014 Ай бұрын
Sir if SCRAP COPPER is purchased in AUCTION from army/police cantonment.. how to show it in gst.... They have not given any bill . Just a voucher as road challan has been given..n do we need to generate e-way bill for this inward supply
@shubhadas2142
@shubhadas2142 Ай бұрын
Probably you have to make a self invoice for this unregistered purchase. And if you are selling it further then you have to make a tax invoice with the applicable GST.
@Agraharabidi
@Agraharabidi Ай бұрын
GST DEPARTMENT IS INDIRECTLY FIXING TARGET TO BUSINESS (like whatever u purchase you should sell with in specific period)With sec 16(4). Is this argument is right or wrong plz correct me sir
@user-do1xk7td5e
@user-do1xk7td5e Ай бұрын
You ar like to pop singer
@namastebharat7
@namastebharat7 Ай бұрын
Ab to bas SC KA HI hope hai agar 16/4 nhi hata to pata nhai business kaha jaygea business sold karke demand jo ki dadagiri hai chukana parega aur hath mey kotorra leke gumna hoga
@19hbytuy
@19hbytuy 20 күн бұрын
How much is ur demand notice
@sonujain5746
@sonujain5746 Ай бұрын
Pl send me coupon code 25% gst update package
@pankajsoni8434
@pankajsoni8434 Ай бұрын
Thank you Bimal sir. Please add in your argument that the blocking of filing GSTR 3B is just to eat and steal money from B2B buyer also which has already been paid by the seller (GSTR-1). Disallowing of ITC shaould have to be only in situation if the seller is not paying the tax on the invoice which is the base of claiming the ITC.. Further sir, for eliminating the chaos please consider this request that as the government is like a partner in form of tax so it is the duty of the department to safeguard the payment of whole invoice of the seller as well. Department allows to reverse the sale within 6 months just to the part of tax amount in case of any adverse but what about the loss of whole invoice value to the seller in case of non payment from the debtors.(Generally ssuch case arise when debtor not makes payment for more than 6 months but has used the service and material)? please sir
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