Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions | CA Bimal Jain
HTML-код
- Опубликовано: 13 май 2024
- Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions | CA Bimal Jain
__________________________________________________
📛💥 𝗗𝗼𝗻'𝘁 𝗠𝗶𝘀𝘀 𝗢𝘂𝘁! 𝗝𝗼𝗶𝗻 𝗖𝗔 𝗕𝗶𝗺𝗮𝗹 𝗝𝗮𝗶𝗻 𝗶𝗻 𝗟𝘂𝗰𝗸𝗻𝗼𝘄 𝗳𝗼𝗿 𝗮 𝗙𝗥𝗘𝗘, 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝗠𝗲𝗲𝘁-𝘂𝗽 𝗼𝗻 𝗚𝗦𝗧! 💼🚀
🌟 Join us for an exclusive evening of insights, networking, and opportunities at "𝗚𝗦𝗧 𝗖𝗵𝗿𝗼𝗻𝗶𝗰𝗹𝗲𝘀" featuring renowned GST expert 𝗖𝗔 𝗕𝗶𝗺𝗮𝗹 𝗝𝗮𝗶𝗻! 🎉
📅 𝗗𝗮𝘁𝗲: May 31, 2024
🕕 𝗧𝗶𝗺𝗲: 7:00 PM onwards
🏢 𝗩𝗲𝗻𝘂𝗲: Taj Mahal, Gomti Nagar, Lucknow
📌 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗡𝗼𝘄: zohoevents.zohobackstage.com/...
🔖 𝗨𝗻𝗿𝗮𝘃𝗲𝗹 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘅𝗶𝘁𝗶𝗲𝘀 𝗼𝗳 𝗚𝗦𝗧 𝗮𝗻𝗱 𝘂𝗻𝗹𝗼𝗰𝗸 𝗻𝗲𝘄 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘄𝗶𝘁𝗵:
💼 𝐄𝐱𝐩𝐞𝐫𝐭 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞: Gain practical insights and actionable strategies from CA Bimal Jain, a leading GST expert.
📚 𝐃𝐞𝐞𝐩 𝐃𝐢𝐯𝐞𝐬: Delve into key GST concepts, compliance procedures, and updates to confidently navigate GST.
❓ 𝐈𝐧𝐭𝐞𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐐&𝐀: Get your questions and your doubts clarified by CA Bimal Jain himself.
🤝 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤𝐢𝐧𝐠: Connect with fellow entrepreneurs, professionals, and GST enthusiasts, building lasting relationships and expanding your network.
🍽 𝐃𝐢𝐧𝐧𝐞𝐫: Unwind and connect over a delicious meal.
𝑫𝒐𝒏'𝒕 𝒎𝒊𝒔𝒔 𝒐𝒖𝒕 𝒐𝒏 𝒕𝒉𝒊𝒔 𝒊𝒏𝒄𝒓𝒆𝒅𝒊𝒃𝒍𝒆 𝒐𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒚! 𝑹𝒆𝒔𝒆𝒓𝒗𝒆 𝒚𝒐𝒖𝒓 𝒔𝒑𝒐𝒕 𝒏𝒐𝒘! 𝑳𝒊𝒎𝒊𝒕𝒆𝒅 𝑺𝒆𝒂𝒕𝒔 𝒐𝒏𝒍𝒚 !!
__________________________________________________
🌟 🚀 Exclusive GST Update Package on Real time basis, by A2Z Academy, led by CA (Adv) Bimal Jain
🌟 Simplest way to keep ahead in the World of Knowledge🌟
🔰 Join Now: www.a2ztaxcorp.in/product/%f0...
🚀 Quick GST & Other Updates:
Stay on top of GST and Income Tax news without any hassle. We bring the latest changes and important info directly to you, so you’re always ahead.
📜 Easy Access to Important Documents:
Find every official GST and Income Tax documents you need, all in one place. It’s like having your own library of tax documents, just a click away.
🎓 Join Free of Cost GST Webinars:
Be the first to join free online GST webinars by CA (Adv) Bimal Jain. These webinars cover all aspects of GST, helping you become a GST pro.
📰 Weekly GST Newsletter:
Every week, we send out a detailed newsletter packed with updates on GST, Income Tax, Customs, and more. It’s your weekly dose of tax wisdom, straight to your inbox.
🎥 Watch latest GST Videos anytime:
Learn about GST through our easy-to-watch video updates. These videos make complex tax topics simple and fun to learn.
🔔 Direct Alerts for New Updates:
Never miss an important update again. We send direct alerts for every new notification, circular, or press release, etc., so you’re always the first to know.
🌐 Join Us for a Smarter Way to Learn About GST
Our Premium Subscription is more than just updates; it’s your ticket to a clearer understanding of taxes. Whether you’re an experienced professional or just starting to learn, this subscription is your guide to tax knowledge and resources.
🌟 Complete Financial Year Subscription (2024-25)
This Exclusive GST Update Package on Real time basis is available for this Financial Year from April 2024 to March 2025
Subscribe Now and Make Learning About Taxes Easy and Convenient.
__________________________________________________
To Know More About Zoho: www.zoho.com/
___________________________________________________
📍 For any query related to GST write back to us at:
info@a2ztaxcorp.com
👉🏻 Download Our Free GST Android App:-
🔹 play.google.com/store/apps/de...
👉🏻 Regular and up to date GST updates are now available on WhatsAap Channel & Telegram Channel of A2Z TAXCORP LLP as well:-
🔹 Join our channel at - whatsapp.com/channel/0029Va5X...
🔹 Join our Channel at - t.me/a2ztaxcorpllp
🔰 Connect with us on Facebook, Twitter, etc.
🔹Facebook Bimal Jain :- / bimal.jain.90
🔹Facebook A2Z Taxcorp LLP :- / a2ztaxcorpllp
🔹LinkedIn Bimal Jain :- / bimal-jain-4b460114
🔹LinkedIn A2Z Taxcorp LLP :- / a2z-taxcorp-llp
🔹RUclips :- / @cabimaljain
🔹Twitter :- / bimalgst
🔹Koo App :- www.kooapp.com/profile/cabima...
🔹Instagram :- / cabimaljain
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.
The way you present case law and explain provisions is incredibly helpful to us. Your content is truly valuable. Thank you
Sir your lecturer is mind blowing. 🙏🙏
Thank You Sir...Please upload more videos like this..
Bahut hi badiya video sir upload more video sir
Thanks sir for this wonderful information
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.
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
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. 🎉
2019-20 pls edit
@@25neeta thanks
.
😊😊
@@cacvsuryam3820
Thanks sir. For valuable guidance.
Excellent lecture ..
THANKS FOR THE VALUABLE INFORMATION
Really help your video in reply always thanks sir
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...
The provisions have been explained in details with legal judgements and what will be future likely amendments in the provisions.
Thanks for knowing
bahut badhiya sir
1-original tax paid to suppliers
2- reversal of tax
3-interest
4- penelty
it means 28% wale good pr 112% tax pay kro
Gabbar hi hai no doubt
Thankyou sir
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 .
Great Sir❤
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
👏👏
can someone pls guide from where to download sec 41(2) pdf on which prospective word is mentioned
If supplier doesn't exist now for example cox and king then what is future course of action.
🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
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.
Sir i watch all ur videos .How can i reach u and talk to u ?
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.
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?
41(2) Section
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???
No not at all
Please sitation of S C & HIGH COURT
Everything will settle if you become Finance Minister of India... Sir please contest for MP election.. 🤣
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
Finance Minister has not only this job to do ....
@@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.
No
How comebhigh court judges dont use their brains while giving judgements?
Govt. ne kanoon hi galat banaya hai
Chorr mauj uda rahe
Vyapari piss rahe hain orr Vyapaar kaise kare samajh hi nahi aata
It should be asked to bjp politician during election campaigning