1:50- Aggregate t/o 5:25 Threshold limit 12:09- compulsory registration 17:46-Person not liable for registration 20:28-Special points 25:04-Effective date of registration 27:26-Procedure of registration 35:22 CTP NRTP 37:52 Amendment of registration 40:11 Cancellation of registration 44:00 suspension of registration 45:00 revocation 46:00 UIN 48:18- Major minor head, gst pmt-09 54:20- ECRL 55:23- ELL 56:36- INTEREST with examples 1:08:53 tds working 1:11:45 who will deduct TDS 1:13:03 WHEN TO DEDUCT 1:15:23 TDS RATES 1:16:07 WHEN NOT TO DEDUCT TDS 1:18:48 TCS
After taking classes from you sir my concepts got 100% cleared and then revising the concepts again from you only is like "sone pe suhaga". Best faculty for idt. Hats off to you and your team's dedication sir❤😊
thank you so much sir😇😇 i was vey confused in registration chapter i am a ca inter student. now my all doubts are cleared by this video. i will definately take your classes in final.
Whether (a) export of goods or services or both; or (b) supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit, both being covered within the meaning of zero-rated supply, require compulsory registration under section 24? It can be understood that they are well within the meaning of "interstate supply" in terms of section 7(5). But are they "taxable supply" to get covered under "interstate taxable supply", requiring compulsory registration in terms of section 24? Referring to the flyer released by CBIC named "GST (GOODS AND SERVICES TAX) - Zero Rating of supplies" which says "A person exclusively making zero-rated supplies may have to register as refunds of unutilised ITC or integrated tax paid shall have to be claimed". Please note that the word used by CBIC was "may have to" and not "have to". Further, refer to the FAQ released by CBIC which had a question "My all outward supplies are export services. In this case is it compulsory to register under GST?" and the CBIC responded "Yes. Since, exports are zero-rated, one needs to register for GST to claim refunds." The CBIC doesn't even state registration is mandatory in terms of section 24. Further, there is an article in TaxGuru with the title "Zero Rated Supply Is neither a Taxable Supply nor an Exempt Supply", which is a more detailed discussion. Further, if zero-rated supply was taxable supply, section 17(2) might seem improper. Extract of 17(2) "Where the goods or services or both are used by the registered person partly for effecting taxable supplies including zero-rated supplies under this Act or under the Integrated Goods and Services Tax Act and partly for effecting exempt supplies under the said Acts, the amount of credit shall be restricted to so much of the input tax as is attributable to the said taxable supplies including zero-rated supplies.” If zero-rated supply is a taxable supply then why the expression "taxable supplies including zero-rated supplies"?
As per section 50 read with rule 88B, whether the period of interest ends if the payment of such wrongly availed input tax along with applicable interest is made before the filing of GSTR 3B of the subsequent month (since reversal could be made only in GSTR-3B). If so, it is to be made through GST PMT-06 and then later furnished in the GSTR-3B of the subsequent month to have the credit reversed? Eg. Input wrongly availed in the return filed for December 2023 filed on January 18, 2024. The mistake was identified on January 20, 2024. Will the interest be restricted to 2 days if payment of such excess credit together with two days' interest is paid on January 20th (through GST PMT-06) and details of reversal of input later furnished in GSTR 3B for January 2024? Extracts of Rule 88B(3) In case, where interest is payable on the amount of input tax credit wrongly availed and utilised in accordance with sub-section (3) of section 50, the interest shall be calculated on the amount of input tax credit wrongly availed and utilised, for the period starting from the date of utilisation of such wrongly availed input tax credit TILL the date of reversal of such credit or "PAYMENT OF TAX IN RESPECT OF SUCH AMOUNT", at such rate as may be notified under said sub-section (3) of section 50.
Good afternoon sir, the lecture for procedure for revocation of cancellation by department, where you said application for revocation of cancellation is to be made within 30 days but however in the books it is written 90 days from the date of order of cancellation
If the threshold limit under section 22(1) has been exceeded and a person has only businesses in a single state where he makes only taxable supply (eg. restaurant) and non-taxable supply (eg. petroleum) under different lines of businesses, whether he can abstain from registering petroleum business under section 25(2) read with 22(1)? Or is it that once taxable turnover exceeds a limit, all businesses within a state where a taxable supply is made need to be registered, either under a single GSTIN or multiple GSTINs, mandatorily?
00:00 Registration 47:20 Payment Of Tax 01:08:30 TDS & TCS 1:50- Aggregate t/o 5:25 Threshold limit 12:09- compulsory registration 17:46-Person not liable for registration 20:28-Special points 25:04-Effective date of registration 27:26-Procedure of registration 35:22 CTP NRTP 37:52 Amendment of registration 40:11 Cancellation of registration 44:00 suspension of registration 45:00 revocation 46:00 UIN 48:18- Major minor head, gst pmt-09 54:20- ECRL 55:23- ELL 56:36- INTEREST with examples 1:08:53 tds working 1:11:45 who will deduct TDS 1:13:03 WHEN TO DEDUCT 1:15:23 TDS RATES 1:16:07 WHEN NOT TO DEDUCT TDS 1:18:48 TCS
What will be the time limit for registration of casual taxable person if the CTP is engaged in Inter State supply of notified handicraft goods and handmade goods and limit of 10 lakh/ 20 lakh turnover exceeds in the PY?
What if registered gold saraf (trader) provide valuation service to bank and income tax in personal capacity...... Need to pay tax on valuation service or not ??pls guide.....
Feb month me output liab. Thi but ITC nahi and output liab. Not paid July month me ITC available hai july ki only Now question is kya July ki ITC se Feb ki liab. Settle Kiya ja sakta hai
Yes it should be for Intra state Supply only....Otherwise inter state Supply comes under Sec.24....Compulsory registration....for which 40 Lac is not applicable
22:02 if ek hi state me two business hai, and single registration hai toh transaction of goods between principal place and addtional place me hota hai, toh kya ye transaction between deem distict person mana jyga? Ek hi state me two business ke separate registration hai tab toh mana jyga suppy between deem distict person.
if Due date of June month is 20-july than whether 20th july is include for calculation of days for rule-88B interest calculation or Number of days counted from 21th july? Please clarify sir
Thank you so much for Great revision videos sir..❤ All the concepts in simplest form ❤ And sir one request from South students is please try to use Numbers in English sir instead of Hindi.. only numbers sir please Hope you understand Thank you ❤
1:50- Aggregate t/o
5:25 Threshold limit
12:09- compulsory registration
17:46-Person not liable for registration
20:28-Special points
25:04-Effective date of registration
27:26-Procedure of registration
35:22 CTP NRTP
37:52 Amendment of registration
40:11 Cancellation of registration
44:00 suspension of registration
45:00 revocation
46:00 UIN
48:18- Major minor head, gst pmt-09
54:20- ECRL
55:23- ELL
56:36- INTEREST with examples
1:08:53 tds working
1:11:45 who will deduct TDS
1:13:03 WHEN TO DEDUCT
1:15:23 TDS RATES
1:16:07 WHEN NOT TO DEDUCT TDS
1:18:48 TCS
Ty darling
bhai 3 baar paani peeya woh btana bhool gaye. Thanks.
😂😂@@abhishektuteja4454
47:26 payment of tax
Guys, request you all to please also like the lectures after watching the same. They are truly deserving😊
THANK YOU FOR MAKING IT SO SMOOTH.
After taking classes from you sir my concepts got 100% cleared and then revising the concepts again from you only is like "sone pe suhaga". Best faculty for idt. Hats off to you and your team's dedication sir❤😊
Sir Sect 30 me time limit within 90 days ho gayi hai after the amendment. 45:30
01:02:45 - Date of Utilisation
Thank you sir 🙏🙏
thank u sir!!
Thank you Sir❤🙏🏻
some of your revisions are really helpful to me as well sir...I'm inter student..TYSM
Thank you sir
Thank u soooo much sir.... This is the first time iam studying this chapter... 100% concept clarity.... Thanks a bunch sir🖤🖤🖤
Payment of Tax 47:20
TDS &TCS 01:08:30
37:50 - Ammendment of Registration
00:00 Registration
47:20 Payment Of Tax
01:08:30 TDS & TCS
Thank you sir... Great help🙏
We want Audit Revision Lectures 😀
28:01 procedure of registration
Thank you for this revision video. It is so efficient.
shandar clarity concept
Thank you so much Sir. Efforts appreciated. May God bless you ❤
Thank you so much sir best revision video ❤❤❤
Hare Krishna Sir , bank A/c update krne k lie updated limit 30 day h ..aapne with amendment class upload ni ki
thank you so much sir😇😇 i was vey confused in registration chapter i am a ca inter student. now my all doubts are cleared by this video. i will definately take your classes in final.
Whether (a) export of goods or services or both; or (b) supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit,
both being covered within the meaning of zero-rated supply, require compulsory registration under section 24?
It can be understood that they are well within the meaning of "interstate supply" in terms of section 7(5). But are they "taxable supply" to get covered under "interstate taxable supply", requiring compulsory registration in terms of section 24?
Referring to the flyer released by CBIC named "GST (GOODS AND SERVICES TAX) - Zero Rating of supplies" which says "A person exclusively making zero-rated supplies may have to register as refunds of unutilised ITC or integrated tax paid shall have to be claimed". Please note that the word used by CBIC was "may have to" and not "have to".
Further, refer to the FAQ released by CBIC which had a question "My all outward supplies are export services. In this case is it compulsory to register under GST?" and the CBIC responded "Yes. Since, exports are zero-rated, one needs to register for GST to claim refunds."
The CBIC doesn't even state registration is mandatory in terms of section 24.
Further, there is an article in TaxGuru with the title "Zero Rated Supply Is neither a Taxable Supply nor an Exempt Supply", which is a more detailed discussion.
Further, if zero-rated supply was taxable supply, section 17(2) might seem improper.
Extract of 17(2)
"Where the goods or services or both are used by the registered person partly for effecting taxable supplies including zero-rated supplies under this Act or under the Integrated Goods and Services Tax Act and partly for effecting exempt supplies under the said Acts, the amount of credit shall be restricted to so much of the input tax as is attributable to the said taxable supplies including zero-rated supplies.”
If zero-rated supply is a taxable supply then why the expression "taxable supplies including zero-rated supplies"?
Always love the lectures of the team. It really boosts the confidence to next level. Thank you😊
RadheRadhe❤❤
Thankyou so much!
By when we can expect may 2025 revison lectures sir ?
1:08:50 tds
57:02 interest calcn
1:08:28 TDS and TCS
Confused regarding when not required to deduct TDS supplier's place and place of supply?
Sir ye sirf revision nhi hai
Maine pahli baar tds and tcs padha and then i can solve any problem of tds tcs
Thanks alot sir ❤❤
ECO Ko Goods supply pr intra state goods supply pr Threshold limit dekhni h not compulsory reg. as per amendment
Haa
As per section 50 read with rule 88B, whether the period of interest ends if the payment of such wrongly availed input tax along with applicable interest is made before the filing of GSTR 3B of the subsequent month (since reversal could be made only in GSTR-3B). If so, it is to be made through GST PMT-06 and then later furnished in the GSTR-3B of the subsequent month to have the credit reversed?
Eg. Input wrongly availed in the return filed for December 2023 filed on January 18, 2024. The mistake was identified on January 20, 2024. Will the interest be restricted to 2 days if payment of such excess credit together with two days' interest is paid on January 20th (through GST PMT-06) and details of reversal of input later furnished in GSTR 3B for January 2024?
Extracts of Rule 88B(3)
In case, where interest is payable on the amount of input tax credit wrongly availed and utilised in accordance with sub-section (3) of section 50, the interest shall be calculated on the amount of input tax credit wrongly availed and utilised, for the period starting from the date of utilisation of such wrongly availed input tax credit TILL the date of reversal of such credit or "PAYMENT OF TAX IN RESPECT OF SUCH AMOUNT", at such rate as may be notified under said sub-section (3) of section 50.
9:30 agar intra state of goods hai and Special category states bhi hai to special category states ki limit check karne ki jarurat nhi hai
really very helpful, tysm
Good afternoon sir, the lecture for procedure for revocation of cancellation by department, where you said application for revocation of cancellation is to be made within 30 days but however in the books it is written 90 days from the date of order of cancellation
That is recent amendment correct one is 90 days.
If the threshold limit under section 22(1) has been exceeded and a person has only businesses in a single state where he makes only taxable supply (eg. restaurant) and non-taxable supply (eg. petroleum) under different lines of businesses, whether he can abstain from registering petroleum business under section 25(2) read with 22(1)? Or is it that once taxable turnover exceeds a limit, all businesses within a state where a taxable supply is made need to be registered, either under a single GSTIN or multiple GSTINs, mandatorily?
00:00 Registration
47:20 Payment Of Tax
01:08:30 TDS & TCS
1:50- Aggregate t/o
5:25 Threshold limit
12:09- compulsory registration
17:46-Person not liable for registration
20:28-Special points
25:04-Effective date of registration
27:26-Procedure of registration
35:22 CTP NRTP
37:52 Amendment of registration
40:11 Cancellation of registration
44:00 suspension of registration
45:00 revocation
46:00 UIN
48:18- Major minor head, gst pmt-09
54:20- ECRL
55:23- ELL
56:36- INTEREST with examples
1:08:53 tds working
1:11:45 who will deduct TDS
1:13:03 WHEN TO DEDUCT
1:15:23 TDS RATES
1:16:07 WHEN NOT TO DEDUCT TDS
1:18:48 TCS
Bank details ab 30 days m dena h
Hi sir May 24 ke amendment mein submission of bank details is 30 days right?
1:07:32 interest calcu eg
Very Nice Lecture...
What will be the time limit for registration of casual taxable person if the CTP is engaged in Inter State supply of notified handicraft goods and handmade goods and limit of 10 lakh/ 20 lakh turnover exceeds in the PY?
Day-3/12 Radhe Radhe❤
Payment of Tax 47:24
Is topic k notes pdf m mil jyge kya ???
Day-9/12 Radhe Radhe❤
56:38 sec 50 interest
What if registered gold saraf (trader) provide valuation service to bank and income tax in personal capacity...... Need to pay tax on valuation service or not ??pls guide.....
Feb month me output liab. Thi but ITC nahi and output liab. Not paid
July month me ITC available hai july ki only
Now question is kya July ki ITC se Feb ki liab. Settle Kiya ja sakta hai
Itc of later period cannot be utilize
Sir yeh handwritten notes please provide kijiye na sir please....
40 LACS LIMIT IS FOR INTRA STATE SUPPLY OF GOODS FOR HAJ AND OTHER KINDLY CLARIFY
HAJ AND OTHER STATES WILL BE APPLICABLE 40 LAC.
Yes it should be for Intra state Supply only....Otherwise inter state Supply comes under Sec.24....Compulsory registration....for which 40 Lac is not applicable
22:02 if ek hi state me two business hai, and single registration hai toh transaction of goods between principal place and addtional place me hota hai, toh kya ye transaction between deem distict person mana jyga?
Ek hi state me two business ke separate registration hai tab toh mana jyga suppy between deem distict person.
Agar single reg h toh nhi mana jayega
1:01:20 wrong availment of ITC
Thankyou sir
Sir whats the difference between int u/s 50 and u/s 76
Starting to 27:00 ; 35:20 to 43:50
47:26 - POT
Is this applicable for nov 24 also?
Yes
Where are notes uploaded?
Jobwork konse chap me apke notes me?
Itc
Radhe Radhe ❤ Thank you sir
1:17:50 tds not deducted
15:08 ECO
35:36 CTP and NRTP
Is there any amendment in this ch
if Due date of June month is 20-july than whether 20th july is include for calculation of days for rule-88B interest calculation or Number of days counted from 21th july?
Please clarify sir
Proceed from 21st of july
IS THIS APPLICABLE FOR MAY 24 ???
Yes
@@UjjwalArora24 isko dekhne k baad amendment Krna hoga
@@salonijaiswal17 are you asking me or telling me
@anmolahuja9 amendment related to ECO is not in this revision video
You have to covered it by amendment video
amendment he sec 22 addition he relating to eco
Radhey radhey sir
Sir intermediate nov 23 k liya kuch gst k notes ya revision video be upload keriya na 😊
Krte h vo bhi
@@AtulAgarwal sir jii kab tak ker notes shre ker deoga only notes be uplod ker doga too bhut help ho jaygegi
@@AtulAgarwal jitna ho ska utni jalde ker dena plese
Sir ek important questions ka bhi revision karva dete to maja aa jata 😅
Already uploaded in may can refere those
51:37
🙏
37:51
1:03:53 itc interest 18%
1:10:00 tds
1:18:58 tcs
Sir ca final nov23 ke customs ke notes upload krwado!
Uploaded
Ok
1.09
Arunachal Pradesh
Thank you so much for Great revision videos sir..❤
All the concepts in simplest form ❤
And sir one request from South students is please try to use Numbers in English sir instead of Hindi.. only numbers sir please
Hope you understand
Thank you ❤
Sir, can u please share ur number for doubts
Thank you sir🙏🙏
Thank you Sir!
Thankyou sir!
Thanku So much🙏🏼