opening balance of ITC reversal extended to 29th feb 2024

opening balance of ITC reversal extended to 29th feb 2024

क्या है नया 43 B का प्रावधान- कुछ सवाल और उनके जवाब- CA सुधीर हालाखंडी

 क्या है नया 43 B का प्रावधान- कुछ  सवाल और उनके जवाब-

CA सुधीर हालाखंडी

GST Appeal Manual - How to File Appeal online issued by GSTN

 जीएसटी अपील मैनुअल - जीएसटीएन द्वारा जारी ऑनलाइन अपील कैसे दायर करें

GST Appeal Manual - How to File Appeal online issued by GSTN

Pls save this file for Easy Future Reference For Filling Appeal process

Advisory on GSTR-1/IFF: Introduction of New 14 and 15 tables

Advisory on GSTR-1/IFF: Introduction of New 14 and 15 tables 

Tax benefit for Salary Income if opted for the Old Tax Regime for AY 2024-25

Tax benefit for Salary Income if opted for the Old Tax Regime for AY 2024-25

Work Contract Service Rate for different type of Contracts for Different Periods

Work Contract Service Rate for different type of Contracts for Different Periods

e-Waybill generation will not be allowed without e-Invoice details from 1st March 2024

 e-Waybill generation will not be allowed without e-Invoice details from 1st March 2024

Blocking the generation of E-Way Bill without e-Invoice/IRN

details for B2B and B2E transactions for e-invoice enabled tax payers (Dated: 05-01-2024)

GST Payment Facility enabled through Credit Card / Debit Card option by GSTN

GST Payment Facility enabled through Credit Card / Debit Card option by _GSTN

GTA to file online declaration for FY 24-25 :--Opting Forward Charge in Annexure V-Reverting to RCM in Annexure VIFacility available from 1st Jan to 31st March 24

GTA to file online declaration for FY 24-25 :-

-Opting Forward Charge in Annexure V

-Reverting to RCM in Annexure VI

Facility available from 1st Jan to 31st March 24

Also imp to note that GTA who has already opted Forward Charge in a FY shall be deemed to have exercised for next and future financial year unless GTA files Annexure-VI to revert to RCM 

So if Annx. V for Forward Charge has been filed for FY 2023-24, then no need to file Ann. V separately for FY 24-25 if GTA wants to continue with FC👇

Also portal doesn't allow to file Annex V in such case and shows a message that Filed Annx. V is still active.

Professionals/Transporters are advised not to wait till the last date :)

GST Rate on Scrap Materials with HSN Code

GST Rate on Scrap Materials with HSN Code

HSN Code Description GST Rate

3915 Plastic waste, parings or scrap 18% | read notification

4004 Rubber waste, parings or scrap 5%

4004 Powders and Granules obtained from waste, parings and scrap of rubber 18%

4017 00 20 Hard Rubber waste or scrap 5%

4401 Wood Scrap 5%

4415 Packing cases, Box, Crates, Drums 5%

4707 Paper waste or scrap 5%

7001 Cullet or other waste or scrap of Glass 5%

2524 Asbestos waste 5%

7112 Waste and scrap of precious metal 3%

3006 Pharmaceutical Waste (except Contraceptives) 12%

3825 Municipal waste, sewage sludge, clinical waste 0%

2621 Slag Ash Waste 18%

7204 Vehicle Scrap 18%

7204 MS Scrap of all types 18%

7204 Scrap US Rail 18%

7404 Copper Waste Scrap 18%

7408 Bronze Waste Scrap 18%

7503 Nickel Waste Scrap 18%

7602 Aluminium Waste Scrap 18%

7902 Zinc Waste Scrap 18%

8002 Tin Waste & Scrap 18%

8113 Cermets and articles thereof waste and scrap 18%

85 E-Waste 5%

8548 Waste and scrap of primary Cells primary batteries and electric accumulators 18%