Credit Note vs. Financial Credit Note in GST - Issues and Answer || CA (Adv) Bimal Jain

แชร์
ฝัง
  • เผยแพร่เมื่อ 3 ก.ค. 2023
  • Credit Note vs. Financial Credit Note in GST - Issues and Answer || CA (Adv) Bimal Jain
    To Know More About Zoho: www.zoho.com/
    📍 Online Recorded GST Course on:
    🔰 "GST Input Tax Credit (ITC)" by CA (Adv) Bimal Jain
    3 Session | 9 Hours
    💥 2,999/- (Inclusive of GST) 💥
    🔖 Registration/Payment link: ⬇️
    www.a2ztaxcorp.in/product/gst...
    Coverage of the Course :
    📝 ITC on Works Contract and Construction of Immovable Property related issues such as:
    ➡️ Installation of lift
    ➡️ Overhead crane
    ➡️ Construction of warehouse for leasing
    ➡️ Civil construction for installation of machinery etc.
    📝 Credit on free gifts, samples, goods lost, stolen or destroyed etc.
    📝 ITC & Tax paid under Section 74, 129 and 130
    📝Discussion on various important judgments on ITC:
    ➡️ How to prove genuineness of transactions to avail GST IT
    ➡️ ITC can be claimed during revocation of cancelled GST registration
    ➡️ Claiming Time Barred ITC for the period of Cancellation
    ➡️ ITC availability on vouchers and subscription packages
    ➡️ Constitutional validity of Section 16(2)(c) challenged in various cases
    ➡️ Constitutional validity of Section 16(4) challenged in various cases
    ➡️ Case laws on rectification of error or omission made while filing GST statements/ returns/ forms
    ➡️ Other important case laws on GST ITC any many more.
    For details, or any queries,
    📞: 8076563802, 011 42427056
    📧: info@a2ztaxcorp.com, intern@a2ztaxcorp.com or Visit: www.a2ztaxcorp.in
    Dear Friends & Colleagues,
    With the blessings of the Almighty God and your Love & best wishes, our latest book “GST Law and Commentary with Analysis and Procedures (Set of 4 Volumes) By Bimal Jain & A2Z Taxcorp LLP" May, 2023 Edition is launched in the market.
    📚 Order your Copy at: tinyurl.com/2p95cdyx
    💥 Complete Walk-through of the Book: tinyurl.com/2p8j8rpx
    Highlights of the Book:
    ⭐ Vol 1: Detailed commentary (with updated provisions, rules, circulars, etc.) on various domains of GST laws & provisions viz. Supply of goods or services - intra-state and inter-state. Principles of time of supply & place of supply, taxable person, GST ITC, reverse charge mechanism, exports and imports, job work, TDS, TCS, etc., with practical case studies and illustrations & FAQs for conceptual clarity.
    ⭐ Vol 2: Detailed discussion on constitution of the GSTAT, demand and recovery, inspection, search, seizure & arrest, etc., offences, penalties, prosecution, compounding, and appeals & revision, under GST. Discussion of all procedural requirements viz. registration, payment, invoice, refund, e-way bill, along with relevant forms & their due dates, ‘e-invoicing’ and ‘QR code’ under GST.
    ⭐ Vol 3: Discussion on way forward GST return system - sequential filing of GST returns, GST Returns filing & matching of GST ITC with tabular presentation of GSTR-9 and GSTR-9C, etc. Complete Guide and Manual for GST Rates of Goods or Services/ Exemptions of Goods or Services updated as on date including all the latest notifications, circulars, press release, etc.
    ⭐ Vol 4: All updated CGST, IGST, UTGST and GST Compensation Cess Act and rules, Notifications, Circulars, Orders, Press Releases, various GST Forms & utilities, GST Council Meetings, etc. (With QR code access through Coupon code)
    Please do share your valuable feedback/ suggestions and recommend to your friends and colleagues.
    📍 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 Group & Telegram Channel of A2Z TAXCORP LLP as well:-
    🔹 Join our Group at - chat.whatsapp.com/JB9je4KSKi9...
    🔹 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
    🔹TH-cam :- / @cabimaljain
    🔹Twitter :- / bimalgst
    🔹Koo App :- www.kooapp.com/profile/cabima...
    🔹Instagram :- / cabimaljain

ความคิดเห็น • 37

  • @saiprasannabhattaram6677
    @saiprasannabhattaram6677 6 หลายเดือนก่อน +4

    Sir, i am your sincere follower, i am a tax consultant in Hyderabad, because of you i am learning a lot... Thank you

  • @piyushagarwalin
    @piyushagarwalin 2 หลายเดือนก่อน +2

    Sir thanks a lot for making us understood the topic so easily and effectively

  • @ashokmajithia6967
    @ashokmajithia6967 หลายเดือนก่อน +1

    Sir.I am small trader and learing lot of intricasies of GST. From ur U tube .Jai jinender.

  • @AnandPenmatcha
    @AnandPenmatcha ปีที่แล้ว +1

    I am waiting for this video on credit notes. Excellent explanation. Full clarity

  • @mukeshseven
    @mukeshseven 11 หลายเดือนก่อน +1

    Namaste :: a video par excellence and thoroughly a professional touch. Every aspect is touched upon with detail explanation. Superb service both professionally and legally so humbly. Wishing you all the best.

  • @narasimmanr2384
    @narasimmanr2384 ปีที่แล้ว +1

    Much awaited guidelines from Bimal Ji thanks a lot

  • @GKumar23236
    @GKumar23236 ปีที่แล้ว +1

    Your detailed information about financial credinotes is like a breath of fresh air. Thank you!

  • @kulkarnisujata
    @kulkarnisujata ปีที่แล้ว +1

    Nicely narrated. It's required.

  • @rajatkandoi296
    @rajatkandoi296 ปีที่แล้ว +1

    Thank you for the nice and clear explanation,Thank you

  • @roshanjha1889
    @roshanjha1889 10 หลายเดือนก่อน +1

    Thanks sir for giving outstanding explanation.

  • @ashokmajithia6967
    @ashokmajithia6967 11 หลายเดือนก่อน +1

    Excellent.video. vimalji.make video on payment of Interest on gross tax liability.or.net.tax.liability. If part of liability is made by utilising available I.T.c.

  • @venkatesank4183
    @venkatesank4183 ปีที่แล้ว +1

    Sir. You are amazing. We admire you

  • @mukeshgupta5990
    @mukeshgupta5990 11 หลายเดือนก่อน +1

    make videos more specifically for CA final students ,it will really gonna help us .

  • @vilasvithalbate2297
    @vilasvithalbate2297 ปีที่แล้ว +1

    Thanks, sir, nicely explained

  • @ashokktekuru4640
    @ashokktekuru4640 ปีที่แล้ว +1

    Pranaam guruji excellent

  • @pappumahato1178
    @pappumahato1178 7 หลายเดือนก่อน +1

    Being Working professional I am looking for these Concepts including its Applications.

  • @caankitjain107
    @caankitjain107 2 หลายเดือนก่อน

    Hi Sir
    Thank you so much for such detailed insight.
    I wanted to ask one question :
    why/how a financial credit note (let's say for post sale incentive) does not fall under the definition of taxable supply?

  • @balunavaneetham
    @balunavaneetham ปีที่แล้ว +1

    Well explained..., 👌🙏🙏

  • @amlandutta2540
    @amlandutta2540 ปีที่แล้ว +1

    thank you sir

  • @Iqramdelhi
    @Iqramdelhi หลายเดือนก่อน

    सर मैं हापुर से हूं और अपने जैसा कहा कि जिन क्रेडिट नोट पर जीएसटी लगकर नहीं आया है उसे पर आईटीसी रिवर्सल की जरूरत नहीं है ।
    तो किस सर्कुलर में लिखा है कृपया अवगत कराये

  • @yhharishadyar7843
    @yhharishadyar7843 ปีที่แล้ว +1

    Very good information sir

  • @caaakashagrawal4960
    @caaakashagrawal4960 ปีที่แล้ว +1

    Thanks sir

  • @sureshagarwalla563
    @sureshagarwalla563 8 หลายเดือนก่อน +1

    Sir in gst only supplier can issue credit note or debit not not the buyer or receipient

  • @prasadnilugal4691
    @prasadnilugal4691 ปีที่แล้ว +1

    Nice video sir

  • @RaviVerma-ob7fr
    @RaviVerma-ob7fr 4 หลายเดือนก่อน +1

    Very informative sir

  • @dinesht8199
    @dinesht8199 3 หลายเดือนก่อน

    @ 13:48

  • @mjain1927
    @mjain1927 2 หลายเดือนก่อน

    Sir what will be position when department is treating financial credit not non payment and asking to reverse itc

  • @siddharthgupta7662
    @siddharthgupta7662 ปีที่แล้ว

    Without adjusting gst component in financial credit note a lot of litigation from dep

  • @MohitVerma-ph8ki
    @MohitVerma-ph8ki 11 หลายเดือนก่อน

    Sir at 18:34 you are talking about any other invoice.. Which type of invoice are you talking about? Is it other than credit/debit note?

  • @moloyghosh5600
    @moloyghosh5600 9 หลายเดือนก่อน

    If original invoice with GST is issued in the financial year 2020 - 21, whether credit note ( in case of sale return) with GST can be issued in financial year 2023 - 24? And can it be shown in return?

  • @arvinddubey3561
    @arvinddubey3561 6 หลายเดือนก่อน

    If customer is not paying against tax invoices, can supplier issue credit note. If yes, what’s treatment of gst when customers pays the amount

  • @sanjaymaliger3428
    @sanjaymaliger3428 11 หลายเดือนก่อน

    Sir we have on case on financial credit Note issued by the supplier and There is no reversal od ITC therefore The department claim ITC REVERSAL & GST PAYMENT ON THAT DISCOUNT. SO ANY NOTIFICATION IS SPECIFIED ON THIS ISSUE.

  • @ashishgoyal350
    @ashishgoyal350 10 หลายเดือนก่อน

    Sir agar supplier ne credit note issued kr dia aur wo portal pe show ho raha hai to hume bhi debit note dikha kar show karna padega kia?

  • @rishabhdixit8903
    @rishabhdixit8903 6 หลายเดือนก่อน

    Sir,
    Currently I am working in a law firm in the Tax team.
    Do you have any vacancy?

  • @Bhuayan
    @Bhuayan 19 วันที่ผ่านมา

    Ibhni sir

  • @rajan-tarun
    @rajan-tarun 7 หลายเดือนก่อน

    Watch at 1.5 speed

  • @anshg1934
    @anshg1934 ปีที่แล้ว +1

    Thanks sir