• Uncategorized / By Aravind Paul / No Comments / 799 Viewers

The GST Policy Wing of the Central Board of Indirect Taxes and Customs has issued 5 Circulars on 4th September, 2018. The Circulars aim to bring about clarity in the following subjects – 1. Scope of Principal-agent relationship in the context of Schedule I of the CGST Act [Circular No. 57/31/2018-GST] 2. Recovery of arrears of wrongly availed CENVAT

• Uncategorized / By Aravind Paul / No Comments / 956 Viewers

Amendment to CGST Rules – Annual Return Notified & ITC 04 Amended   CGST Rules have been amended by Notification No. 39/2018 – Central Tax dt. 4th September, 2018. The Notification has 11 clauses. The most important being the Notification of “Annual Return” in Form GSTR – 9. Legal Background for Annual Return: Sec. 44(1) of the CGST Act provides that