If a mistake is made, Verashakh's claim will be shattered

Sales tax: Soham Mashruwala

Under the GST Act, it is said that there is a situation where tears come down when you take a tax deduction. Enormous controversy has arisen due to the lack of provision and arbitrary interpretation by the authorities. Today's article on Verashakh discusses whether to get Verashakh in different situations. Even if a person is subject to error, if there is an error under the GST Act, the claim of the taxpayer will definitely be shattered.

Deficiency in GSTR 2A

GSTR2A is an information form. In case of error in showing the details of the bill issued under the supply to the person registered by the supplier, the claim of the taxpayer is dismissed. The person registered as per Rule 3 (2) will get the tax only when he has the document to ask for the same. And the details are given as per the rule in that document. In addition, as per the provisions of the Petanium, Dt. Amendments have been made from 2-4-2017 that if there is any deficiency in the document but it contains the details of tax, details of goods or services, amount of supply, details of GST registration, and details of place of supply, the tax will still be available. Today GSTR2A is not implemented and much emphasis is placed on GSTR2A. As per Rule 3 (3), if there is a discrepancy or discrepancy between the date of the bill or the number of the bill in GSTR2A, the dividend cannot be denied. But if the taxable value is written incorrectly, it will be martyred.

E-Bike, the legacy of the E-Scooter

As per Section 13 (2) of the CGST Act, the tax on a motor vehicle is not normally available. The definition of a motor vehicle is not given in the GST Act. But it is defined in Section 6 (2) of the Motor Vehicle. This does not include a vehicle with an engine capacity of less than 4 cubic cm less than 4 cubic cm. Due to this provision, e-bikes or e-scooters will be taxable in case they are used for business growth. Of particular note is that a four-wheeled e-vehicle is considered a motor vehicle and will be taxable under certain circumstances. Which is set out in Section 13 (2). In which case electric motor vehicle is leased. In that case, the tax will be deductible.

Sale of Capital Goods

The GST Act presents the obligation to pay tax on the transaction value. When capital goods are sold. In such a case, in order to determine the transaction value, the provision of return of share as per section 13 (2) of the CGST Act has to be taken into consideration. It is to be noted that this provision will be applicable only when the tax on Capital Goods is sought under the GST Act. As per Appendix 1 of Section 3, Deemed Supply will be considered in case when a dividend is sought on Capital Goods and its sale is shown without any compensation. And as per Section 8. As per Rule 20 (2), five per cent deduction has to be deducted for each quarter consumption or the amount whichever is higher than the value charged will be considered as transaction value. Thus, this provision will not be applicable to capital goods purchased before 1-4-16.

Rule 2 (b) - Applies if income tax is paid?

As per Rule 3 (b), to pay the output tax liability, 3% of the amount can be paid by the tax branch and 1% of the amount has to be paid in compulsory currency. This rule does not apply when the owner or director of the unit or the board of trustees pays Rs. More than one lakh income tax will be paid. Special note that the income tax payable as per section 3 (2) is as shown. Even if two lakh income tax has been paid by the director, under the income tax law, Rs. If you have to pay Rs 50,000, you will not get exemption from Rule 3 (b) and one per cent amount will have to be paid in GST currency.