Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions | CA Bimal Jain
Non-Payment of Taxes by Suppliers - S.16(2)(c) of the CGST Act- Detailed Discussions | CA Bimal Jain
__________________________________________________
๐๐ฅ ๐๐ผ๐ป'๐ ๐ ๐ถ๐๐ ๐ข๐๐! ๐๐ผ๐ถ๐ป ๐๐ ๐๐ถ๐บ๐ฎ๐น ๐๐ฎ๐ถ๐ป ๐ถ๐ป ๐๐๐ฐ๐ธ๐ป๐ผ๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฅ๐๐, ๐๐ป๐๐ถ๐ด๐ต๐๐ณ๐๐น ๐ ๐ฒ๐ฒ๐-๐๐ฝ ๐ผ๐ป ๐๐ฆ๐ง! ๐ผ๐
๐ Join us for an exclusive evening of insights, networking, and opportunities at "๐๐ฆ๐ง ๐๐ต๐ฟ๐ผ๐ป๐ถ๐ฐ๐น๐ฒ๐" featuring renowned GST expert ๐๐ ๐๐ถ๐บ๐ฎ๐น ๐๐ฎ๐ถ๐ป! ๐
๐
๐๐ฎ๐๐ฒ: May 31, 2024
๐ ๐ง๐ถ๐บ๐ฒ: 7:00 PM onwards
๐ข ๐ฉ๐ฒ๐ป๐๐ฒ: Taj Mahal, Gomti Nagar, Lucknow
๐ ๐ฅ๐ฒ๐ด๐ถ๐๐๐ฒ๐ฟ ๐ก๐ผ๐: zohoevents.zohobackstage.com/GSTChronicleswithCABimalJainEpisode4#/?affl=TWT
๐ ๐จ๐ป๐ฟ๐ฎ๐๐ฒ๐น ๐๐ต๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐น๐ฒ๐
๐ถ๐๐ถ๐ฒ๐ ๐ผ๐ณ ๐๐ฆ๐ง ๐ฎ๐ป๐ฑ ๐๐ป๐น๐ผ๐ฐ๐ธ ๐ป๐ฒ๐ ๐ด๐ฟ๐ผ๐๐๐ต ๐ผ๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐ฟ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ถ๐๐ต:
๐ผ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ฎ๐ข๐๐๐ง๐๐: Gain practical insights and actionable strategies from CA Bimal Jain, a leading GST expert.
๐ ๐๐๐๐ฉ ๐๐ข๐ฏ๐๐ฌ: Delve into key GST concepts, compliance procedures, and updates to confidently navigate GST.
โ ๐๐ง๐ญ๐๐ซ๐๐๐ญ๐ข๐ฏ๐ ๐&๐: Get your questions and your doubts clarified by CA Bimal Jain himself.
๐ค ๐๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค๐ข๐ง๐ : Connect with fellow entrepreneurs, professionals, and GST enthusiasts, building lasting relationships and expanding your network.
๐ฝ ๐๐ข๐ง๐ง๐๐ซ: Unwind and connect over a delicious meal.
๐ซ๐๐'๐ ๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐
๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐! ๐น๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐๐! ๐ณ๐๐๐๐๐๐
๐บ๐๐๐๐ ๐๐๐๐ !!
__________________________________________________
๐ ๐ Exclusive GST Update Package on Real time basis, by A2Z Academy, led by CA (Adv) Bimal Jain
๐ Simplest way to keep ahead in the World of Knowledge๐
๐ฐ Join Now: www.a2ztaxcorp.in/product/%f0%9f%9a%80-exclusive-gst-update-package-on-real-time-basis-by-a2z-academy-led-by-ca-adv-bimal-jain/
๐ 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 youโre always ahead.
๐ Easy Access to Important Documents:
Find every official GST and Income Tax documents you need, all in one place. Itโs like having your own library of tax documents, just a click away.
๐ 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.
๐ฐ Weekly GST Newsletter:
Every week, we send out a detailed newsletter packed with updates on GST, Income Tax, Customs, and more. Itโs your weekly dose of tax wisdom, straight to your inbox.
๐ฅ 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.
๐ 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 youโre always the first to know.
๐ Join Us for a Smarter Way to Learn About GST
Our Premium Subscription is more than just updates; itโs your ticket to a clearer understanding of taxes. Whether youโre an experienced professional or just starting to learn, this subscription is your guide to tax knowledge and resources.
๐ 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/
___________________________________________________
๐ For any query related to GST write back to us at:
info@a2ztaxcorp.com
๐๐ป Download Our Free GST Android App:-
๐น play.google.com/store/apps/details?id=com.aztaxcorp
๐๐ป Regular and up to date GST updates are now available on WhatsAap Channel & Telegram Channel of A2Z TAXCORP LLP as well:-
๐น Join our channel at - whatsapp.com/channel/0029Va5XmHg9WtC4wKWmFr2a
๐น Join our Channel at - t.me/a2ztaxcorpllp
๐ฐ Connect with us on Facebook, Twitter, etc.
๐นFacebook Bimal Jain :- bimal.jain.90
๐นFacebook A2Z Taxcorp LLP :- A2ZTAXCORPLLP/
๐นLinkedIn Bimal Jain :- www.linkedin.com/in/bimal-jain-4b460114
๐นLinkedIn A2Z Taxcorp LLP :- www.linkedin.com/company/a2z-taxcorp-llp
๐นKZread :- kzread.info/dron/p0tT5ShjB4KHJRSlPc3t5w.html
๐นTwitter :- BimalGST
๐นKoo App :- www.kooapp.com/profile/cabimaljain
๐นInstagram :- cabimaljain
ะัะบััะปะตั: 49
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. ๐๐
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
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.
Bahut hi badiya video sir upload more video sir
Thank You Sir...Please upload more videos like this..
Thanks sir. For valuable guidance.
The provisions have been explained in details with legal judgements and what will be future likely amendments in the provisions.
Thanks sir for this wonderful information
THANKS FOR THE VALUABLE INFORMATION
Thanks for knowing
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. ๐
@25neeta
ะะน ะฑาฑััะฝ
2019-20 pls edit
@cacvsuryam3820
ะะน ะฑาฑััะฝ
@@25neeta thanks
@nileshmehta8752
27 ะบาฏะฝ ะฑาฑััะฝ
. ๐๐ โ@@cacvsuryam3820
Excellent lecture ..
bahut badhiya 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 .
Really help your video in reply always thanks 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
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...
Thankyou sir
Great Sirโค
can someone pls guide from where to download sec 41(2) pdf on which prospective word is mentioned
1-original tax paid to suppliers 2- reversal of tax 3-interest 4- penelty it means 28% wale good pr 112% tax pay kro
@anishgarg853
11 ะบาฏะฝ ะฑาฑััะฝ
Gabbar hi hai no doubt
๐๐
If supplier doesn't exist now for example cox and king then what is future course of action.
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.
Sir i watch all ur videos .How can i reach u and talk to u ?
๐๐๐๐๐๐๐๐๐๐๐๐๐๐
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.
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???
@sachinmishra1044
ะะน ะฑาฑััะฝ
No not at all
Please sitation of S C & HIGH COURT
How comebhigh court judges dont use their brains while giving judgements?
Everything will settle if you become Finance Minister of India... Sir please contest for MP election.. ๐คฃ
@ayanpaul1844
ะะน ะฑาฑััะฝ
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
@muki1611
ะะน ะฑาฑััะฝ
Finance Minister has not only this job to do ....
@CAPARTH89
ะะน ะฑาฑััะฝ
โ@@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
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