What is way forward if Supplier does not deposit GST even after collecting tax from Buyer:Bimal Jain

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Күн бұрын

What is way forward if Supplier does not deposit GST even after collecting tax from Buyer - Section 16(2)(c) of the CGST Act || CA (Adv) Bimal Jain
☑️ Section 16(2)(c) of the CGST Act and Rule 36(4)(c) of the CGST Rules are constitutionally valid
✔️ For Complete Newsletter: www.a2ztaxcorp.com/section-16...
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🚨 Important (FREE) Webinar On:
📢 "Digests of Important Changes in GST"
🗓️ Date : January 30, 2024, Tuesday
⏰ Time : 4:30 PM to 6:00 PM (IST)
🎤 Speaker : CA. Bimal Jain
🔖 Registration Link: meet.zoho.com/6g5RDGOhcC
📝 Coverage:
📝 Time Limit to avail GST Credit u/s 16(4) of the CGST Act
📝 GST Credit for buyers when supplier does not deposit taxes
📝 GST Credit when supplier found to be non-existent, or his registration cancelled with retrospective date
📝 Mismatch of GST Credit in GSTR 2A vs. GSTR 3B
📝 What is remedy or way forward for disputes pertaining to GST Credit.
📝 Question & Answer and many more.
Limited seats available
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To Know More About Zoho: www.zoho.com/
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Dear Friends & Colleagues,
With the blessings of the Almighty God and your Love & best wishes, our latest book “GST Law and Commentary with Analysis and Procedures (Set of 4 Volumes) By Bimal Jain & A2Z Taxcorp LLP" May, 2023 Edition is launched in the market.
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Highlights of the Book:
⭐ Vol 1: Detailed commentary (with updated provisions, rules, circulars, etc.) on various domains of GST laws & provisions viz. Supply of goods or services - intra-state and inter-state. Principles of time of supply & place of supply, taxable person, GST ITC, reverse charge mechanism, exports and imports, job work, TDS, TCS, etc., with practical case studies and illustrations & FAQs for conceptual clarity.
⭐ Vol 2: Detailed discussion on constitution of the GSTAT, demand and recovery, inspection, search, seizure & arrest, etc., offences, penalties, prosecution, compounding, and appeals & revision, under GST. Discussion of all procedural requirements viz. registration, payment, invoice, refund, e-way bill, along with relevant forms & their due dates, ‘e-invoicing’ and ‘QR code’ under GST.
⭐ Vol 3: Discussion on way forward GST return system - sequential filing of GST returns, GST Returns filing & matching of GST ITC with tabular presentation of GSTR-9 and GSTR-9C, etc. Complete Guide and Manual for GST Rates of Goods or Services/ Exemptions of Goods or Services updated as on date including all the latest notifications, circulars, press release, etc.
⭐ Vol 4: All updated CGST, IGST, UTGST and GST Compensation Cess Act and rules, Notifications, Circulars, Orders, Press Releases, various GST Forms & utilities, GST Council Meetings, etc. (With QR code access through Coupon code)
Please do share your valuable feedback/ suggestions and recommend to your friends and colleagues.
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Пікірлер: 30

@gopaldasagrawal7786 10 күн бұрын

सर जी , कृपया इस बहुत ही महत्वपूर्ण वीडिओ को हिन्दी में भी बनाइए ।आपकी बड़ी कृपया होगी।

@cafazilahmad1524 18 күн бұрын

Excellent info

@ashokVerma-dv5xf 5 ай бұрын

Your Explanation is very nice.

@prithvirajmudappu3717 5 ай бұрын

Thanks for the explanation and information regards

@niyatighai 5 ай бұрын

Awesome video sir. This is one of the best videos 👍🏻👍🏻

@pandurangbhapkar6056 4 ай бұрын

Perfectly understood dear sir

@bharatichaudhari 5 ай бұрын

Excellent

@dineshsoni9750 5 ай бұрын

Very Nice Explanation Sir

@user-pp5ut1cp6v 3 ай бұрын

Sir , Your Explanation Very Nice & Good

@bharatichaudhari 5 ай бұрын

Very informative video, sir

@ashokktekuru4640 5 ай бұрын

Thank you sir

@debashisbhowmick5936 2 ай бұрын

Thank you explain

@rkvenkatramana617 5 ай бұрын

THANK YOU SIR

@rohittripathi3947 5 ай бұрын

👍👍

@pareshkanabar1926 5 ай бұрын

If supplier erroneously have not filed invoice in gstr-1 but paid tax through drc-03 whether itc will be eligible to buyer?

@cabimaljain 5 ай бұрын

yes

@rupareddy1093 5 ай бұрын

Sir from 2017 to 2021 , that is for 4 years, my client got show cause notices for excess availement of input, but for the same years as per GSTR 2A input is more than what we availed, but order passed with the demand amount. What should we do now

@nukalakranthi 4 ай бұрын

Telengana state gst department??

@amitkumardatta974 5 ай бұрын

PROBLEM!!! KINDLY NOTICE ON MY ISSUE SIR.. Our GST NUMBER IS SUSPENDED FROM NOVEMBER .. WE ARE NOT FILED GST FROM JULY 2023.. WE ARE PROCESSING OUR RETURNS BUT ONE MORE THING IS WE ARE NOT GENERATING E INVOICE TOO FROM AUGUST.. AND NOW WE COULDN'T GENERATE E INVOICE BUT WE HAVE TO FILED GST RETURN IMMEDIATELY,SO THAT SUSPENSION COULDN'T BE RESOLVED..BUT WITHOUT E INVOICE CAN WE FILED GSTR1 AND PROCEED FOR FURTHER OR WE CAN GENERATE E INVOICE AFTER GSTR 1 ALSO... PLEASE REPLY SIR🙏🙏🙏 WE WANT TO RESOLVE THE ISSUES WITHIN 29TH OF JANUARY,MONDAY..

@user-il7lt7cx3u 5 ай бұрын

Kerala HC Case name please sir

@camaheshmakhijani5332 5 ай бұрын

Sir even after gstr 2B it is not possible to check whether supplier is filing 3B and GSTR 1FOR SAME AMOUNT. IF ANY MECHANISM IS AVAILABLE PLEASE UPDATE US

@ajaychaudhary8714 5 ай бұрын

Throw is govt out of power this GST is Tax Terrorism

@atanumondal7885 5 ай бұрын

Sir, if supplier has filed gstr -1 after 20.10.20 for FY 19-20 ,then can ITC be claimed for FY 19-20.

@NavinBarnwal 3 ай бұрын

If the credit is already taken, I don't think department will have any problem.

@ashokVerma-dv5xf 5 ай бұрын

Dear Sir, Mostly we are selling products on a credit basis Purchasers do not even bother to make payments of more than 3 to 4 months time next financial crossed. and purchaser took credit in same month without making payment..... govt not support this kind of activity to the dealer

@sachinmishra1044 5 ай бұрын

Simply issue purchase return dr note for the same as without payment contract of sale isn't completed

@sarveshaiahmallikarjunaiah3476 5 ай бұрын

govt is encouraging dishonest dealers and suppressing honest dealers by imposing this section. it is the duty of govt to supervise the functiniong of the supplying dealers

@sachinmishra1044 5 ай бұрын

There has been no machenism to check wheater supplier has actually been paid the tax collected by the recipient as GSTR-3B itself is a summary of supplies no bifurcation of supply on which tax has been paid except reconcile with Gstr-1

@atanumondal7885 5 ай бұрын

Sir, if supplier has filed gstr -1 after 20.10.20 for FY 19-20 ,then can ITC be claimed for FY 19-20.

@sachinmishra1044 5 ай бұрын

In my opinion Yes... but as per section 16(4) the answer is NO. but Proper officers sometimes allow it as it is in 2A. And also the supplier has paid due tax to those invoices.