Recent updates on Section 16(4): GST Amnesty Scheme Likely || CA (Adv) Bimal Jain

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  • Опубліковано 28 вер 2024
  • Recent Changes of Section 16(4): GST Amnesty Scheme Likely || CA (Adv) Bimal Jain
    📢 Time Limit to avail GST Credit u/s 16(4) of the CGST Act Challenged in SC; Notice Issued to the Revenue Department
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КОМЕНТАРІ • 101

  • @jollyhunk5011
    @jollyhunk5011 4 місяці тому +1

    Every Point of discussion is lesson sir.. You are Gem of Our Profession

  • @AnilSingh-mj6lj
    @AnilSingh-mj6lj 4 місяці тому +1

    This compelling argument will be invaluable to those, like myself, who are facing similar challenges.

  • @sandeepjain9519
    @sandeepjain9519 4 місяці тому +1

    Thank you for filling SLP . Your are the best mentor and tax Guru 😊

  • @ayushgoyal1430
    @ayushgoyal1430 4 місяці тому +1

    mindblowing speech sir.

  • @neeleshkushwaha
    @neeleshkushwaha 4 місяці тому +2

    Very Nice information Sir Ji ☺️

  • @shashikantsarda8895
    @shashikantsarda8895 3 місяці тому +1

    53rd GST council meeting cleared each and every thing.

  • @ashishgupta939
    @ashishgupta939 4 місяці тому

    Sir, I have a question
    Why we can not putting this point that system is not blocked this credit at the time of availing?

  • @namastebharat7
    @namastebharat7 4 місяці тому +1

    Best of luck to all including me suffering anxiety due these notice demand from gst department,my gone drastically changed due these anxiety

  • @DeepakGupta-kc5ns
    @DeepakGupta-kc5ns 4 місяці тому +1

    Very nice thanks 🙏🙏

  • @vinodadvani9176
    @vinodadvani9176 4 місяці тому +1

    Best possible solution: time limit under section 16 (4) may be linked to the time limit for filing returns incl annual returns and issuance of notice u/s 73 or 74. If any of the time limit related to returns or notices gets extended, time limit u/s 16(4) should automatically get extended by that number of days.

  • @AnilSingh-mj6lj
    @AnilSingh-mj6lj 4 місяці тому +1

    Excellent 👌

  • @petsfunnylife2966
    @petsfunnylife2966 3 місяці тому +1

    Salute you sir❤

  • @asisdutta8502
    @asisdutta8502 4 місяці тому +1

    Nice points sir...Ty for the SLP..

  • @mohammednasir3972
    @mohammednasir3972 4 місяці тому +1

    Thank you so much Sir

  • @joshisheshgiri2108
    @joshisheshgiri2108 4 місяці тому +1

    16 (4) casgrading , the department is taking double the tax plus interest here department is not looser of tax rather then more benifit

  • @19hbytuy
    @19hbytuy 3 місяці тому

    I GOT THIS NOTICE TODAY................WHAT IS THE NEXT STEP...........ALREADY SENT TO CA FOR EVALUATION.......

  • @chaityamodi9411
    @chaityamodi9411 4 місяці тому +2

    Sir aap to TAXATION ka heart ho.

  • @saiffgbdgdhbbhvasu7518
    @saiffgbdgdhbbhvasu7518 4 місяці тому

    BIMAL SIR MANY MANY THANKS FOR FILING WRP IN SC AGAINST RUTHLESS GOVT HEADED BY SO CALLED VISHWAGURU PRAJWAL RAVANNA SUPPORTER NEECH NIKRUSHT NARADHAM WHO BROUGHT THIS GABBAR SINGH TAX

  • @vridhiacademy2509
    @vridhiacademy2509 4 місяці тому +4

    Sir, hatsoff to your energy and the way you present a tax subject..❤

  • @raushanprasad8577
    @raushanprasad8577 4 місяці тому

    What about
    GST on credit Balance of debtors written off ?????????

  • @narayanshivhare4151
    @narayanshivhare4151 4 місяці тому +1

    Very Gd sir

  • @taxguru5872
    @taxguru5872 4 місяці тому +1

    Sir aap apna ek office Himachal m bhi open kriye sir ❤

  • @kamalshg
    @kamalshg 4 місяці тому

    Definitely, section 14 sub section is violative to the constitution. No such section can be implemented which restricts the tax payers. Further as per my opinion there are some more points which need to be highlighted. But, Vimal ji I would like to discuss with you, if we may communicate.

  • @rohittripathi3947
    @rohittripathi3947 4 місяці тому +1

    👏👏

  • @Manosi-z7v
    @Manosi-z7v 4 місяці тому +1

    You ar like to pop singer

  • @riteshgadia8691
    @riteshgadia8691 4 місяці тому

    हमने सांसद को बोला है उनको तो मालूम ही नहीं था की इतनी तकलीफ है gst मे officers तो सभी मीटिंग मे कहते है की sir dealer तो खुश है पर lawyer को तकलीफ है अभी तो पुरे देश मे कोई हड़ताल नहीं हुई है only टेक्सटाइल वालो को छोड़ कर. संसद लोगो से बात करो saminer मे नहीं सिद्ध बात कर समझा जायगे officer लोगो को नहीं समझाना चाहिए

  • @sonujain5746
    @sonujain5746 4 місяці тому

    Pl send me coupon code 25% gst update package

  • @pantchitgal
    @pantchitgal 4 місяці тому +4

    Wow, very nice arguments, You have really brilliant Wish you all the best from all the Indian citizens.

  • @VinodSharma-gm5dt
    @VinodSharma-gm5dt 4 місяці тому +2

    Taking ITC is a different activity while filling of 3B is a different activity, hence ITC avaiment can't be linked to 3B filing.

  • @gajendraasankhla5738
    @gajendraasankhla5738 3 місяці тому

    Next GST meeting in Aug 2024
    Agenda for Aug 2024
    1. Petrol & Diesel under GST
    2. FERTILISER GST FREE

  • @souvikguha8444
    @souvikguha8444 3 місяці тому

    Sir, isn't Eicher Motors Ltd. And Anr vs Union Of India And Ors. Etc on 28
    January, 1999 passed by Hon'ble S.C. applicable for the section 16(4) of GST.

  • @KuKu_247
    @KuKu_247 3 місяці тому

    Sir
    We have purchased goods from supplier, by mistake supplier GSTR1 Retrurn filed on our another state Gstin, can we avail Gst input or not, if no what should be pay tax under RCM or not..? Pls suggest..

  • @nanujaiswal
    @nanujaiswal 4 місяці тому +1

    My Assessee has received 16(4) notice because they had filed all its pending return for FY 17-18, 18-19 under Amnesty Scheme in Sept 19 to regularise... durring COVID... Under that ITC had been availed as per respctive Return period only...

  • @girishkamat3254
    @girishkamat3254 3 місяці тому

    Congrats for being right. But what is logic of time limit for claiming credit based on date of filing return. It can at best be based period for filing return i.e assessee can not claim input credit beyond 6 months from the year for which credit relates. Anyway data is always available in GSTIN to validate and assessee will pay late fees for filing late return. GST should take country in new era of ease of doing business and should not clog him with burden of wrong provisions of past.

  • @sapanshah-h2b
    @sapanshah-h2b 4 місяці тому +2

    Gst gave us Bimalji. We are thankful bimalji for your sincere efforts and awakening videos.

  • @venkatesank4183
    @venkatesank4183 4 місяці тому +2

    Sir, the department is also watching your defence. Wonderful defence.

  • @dheerajchawla8687
    @dheerajchawla8687 4 місяці тому

    Sir
    GSTR 1 Ki late fees m bhi relaxation aa sakta hai amnesty me
    Kyuki GSTR 1 BHI late file hue hai during COVID

  • @TomJerry-fm1jr
    @TomJerry-fm1jr 4 місяці тому +1

    You are a genius but our rotten system will take time to upgrade.

  • @praphullsharma6206
    @praphullsharma6206 3 місяці тому +1

    Hello Sir,
    You Are Great, Aapka Expectation is Lajawab...,
    Thank's
    Praphull Sharma
    Accountant, Delhi

  • @itsmethakur11
    @itsmethakur11 4 місяці тому +2

    We need more Bimal Jain to save business man against such burdensome law by insane illiterate corrupt govt officials

  • @babuc-ce2dm
    @babuc-ce2dm 4 місяці тому +1

    I sir i have received notice time limlit after cerdit avail plz what to do now

  • @kamlapurico.1454
    @kamlapurico.1454 4 місяці тому

    Sir they are issuing notices only for thier own purpose. They are not doing jaob for nation's purpose.

  • @brajeshsah2343
    @brajeshsah2343 4 місяці тому +1

    Very nice effort in the interest of MSME.
    Can I send you some suggestions based on the journey of indirect taxation.

  • @sarveshbaldi4800
    @sarveshbaldi4800 4 місяці тому +1

    Gstr 3B notified under rule 61 starts with phrase " where date for gstr 1 or gstr 2 is extended" , , now in each such notification regarding extension of dates, no date for gstr 2 has been notified (even though gstr2) utility was available on common portal. Blanket extensions without specifying dates cannot be ground to notify gstr 3B under rule 61. Also on perusal of vetter gst law by gst council on 4.3.2017, there is no mention of DUE DATE in section 16(4).

  • @ress7850
    @ress7850 4 місяці тому +1

    Must available cradit on grounds which present by your good self in slp. becouse not to be labelled for denied.Hence keep in your mind,must success.

  • @taxguru5872
    @taxguru5872 4 місяці тому +1

    Sir aap case jrur jeetoge❤

  • @bharatichaudhari
    @bharatichaudhari 4 місяці тому +1

    Inadequate research n study on GST Act, need to more research on to our executive subordinate of GST Council, just only one this reason responsible for all this complications

  • @rakeshdatt530
    @rakeshdatt530 4 місяці тому +1

    court is so clever agar govt fir se sitaraman kin banti h to tax payers koi benefit nahi dena

  • @jayasimmanr8614
    @jayasimmanr8614 3 місяці тому

    Sir i have already paid intrest of 2019 20 what to do sir

  • @adv.anuragmaheshwari5546
    @adv.anuragmaheshwari5546 4 місяці тому +2

    बहुत ही अच्छा रोड मैप तैयार किया हैं..... जीत होगी सत्य की..👏👏

  • @ARVINDGUPTA-uf9hr
    @ARVINDGUPTA-uf9hr 4 місяці тому +1

    Very nice video ❤

  • @trupeshvanpariya9928
    @trupeshvanpariya9928 4 місяці тому +1

    Really very deep study and by heart all the timelines and sections and cases
    It shows to much knowledge 🎉

  • @officecs6144
    @officecs6144 4 місяці тому +1

    Very Nice sir hope we can get Amnesty Scheme after General Election Result

  • @thiruvayuchakka9799
    @thiruvayuchakka9799 4 місяці тому +1

    Availing Input Tax Credit (ITC) and paying taxes are distinct obligations. Combining them as one task in the form of GSTR-3B was incorrect. Jain Sir please look into this angle also

    • @indushvein5674
      @indushvein5674 4 місяці тому

      Jain sir,
      Will it be pplicable for 17-18,18-19 also

  • @prakashnagdev555
    @prakashnagdev555 4 місяці тому +1

    Definitely We will get it in favour because the amendment was with retrospective effect

  • @atulpuranik8506
    @atulpuranik8506 4 місяці тому +1

    Sir very good ground, we are also keeping our fingers crossed

  • @ramudgaryadav2760
    @ramudgaryadav2760 4 місяці тому +1

    Great sir aapka all vedio dekhate h so plz maximize to maximize vedio dale gst ka

  • @cskrishnegowdacauditorpcs9311
    @cskrishnegowdacauditorpcs9311 4 місяці тому +1

    Thank you for filing SLP in the Apex Court, sir. You are the real mentor of GST Act.

  • @s.nbadarinath8031
    @s.nbadarinath8031 4 місяці тому +1

    Fantastic efforts for the survival of the business. It will be succeeded Sir. Great work.

  • @ca.mandarkale6680
    @ca.mandarkale6680 4 місяці тому +1

    Bimal Sir....
    Thanks for your efforts...
    it's high time Hon SC not only gives a grand decision but also teaches a lesson to the babushahi

  • @trupeshvanpariya9928
    @trupeshvanpariya9928 4 місяці тому +1

    Superb 👌

  • @rohan9869
    @rohan9869 4 місяці тому +1

    Thank you for all your efforts towards the SLP. This is going to help pan India tax payers. Hoping for order in favour of tax payers side.

  • @sahilthakral2244
    @sahilthakral2244 4 місяці тому +1

    "Sabka Sath Sabka Vikas". It is quoted by You. Thats true!!

  • @vaibhavagrawal7639
    @vaibhavagrawal7639 4 місяці тому +1

    You deserve the seat of finance minister sir . Big Salute to you .

  • @vrs491990
    @vrs491990 4 місяці тому +1

    Thank you so much for your efforts ! Let good sense prevail !

  • @LifeUnscripted_24
    @LifeUnscripted_24 4 місяці тому +1

    My respect for you has doubled sir..
    You raised the burning issue on the light. Thank you so much

  • @kuldeeprastogi3366
    @kuldeeprastogi3366 4 місяці тому +1

    Mesmerizing appeal

  • @umadeviveeraraju2830
    @umadeviveeraraju2830 4 місяці тому +1

    Thank you it will helpful to all in Bharat

  • @mohammedparvesh8438
    @mohammedparvesh8438 3 місяці тому +1

    Really sir very correctly said we are waiting for judgement this will be great victory , “Entrepreneur sprit will not increases by implementing unnecessary harassment notices rightway is to support the right Entrepreneur”

    • @19hbytuy
      @19hbytuy 3 місяці тому

      WHEN IS THE ORDER DUE

  • @abhijitdas-we5fg
    @abhijitdas-we5fg 4 місяці тому +1

    Sir ❤ dil se aapko dhanyabad,,,thanks

  • @canaveenkumar7062
    @canaveenkumar7062 4 місяці тому +1

    🤞 Thanks for the effort.

  • @gururajpatil7302
    @gururajpatil7302 4 місяці тому +1

    Sir you are great Bimal ji

  • @sushiljain9948
    @sushiljain9948 4 місяці тому

    Thanks sir

  • @ajittejwani6472
    @ajittejwani6472 4 місяці тому +1

    Great Sir You Are Great

  • @kmanoj889
    @kmanoj889 4 місяці тому

    Sir ye kb aayega

  • @sharadgurav1
    @sharadgurav1 4 місяці тому +1

    Very very nice,hope for best

  • @santoshpatil546
    @santoshpatil546 4 місяці тому +1

    Excellent sir

  • @kamalbajaj2243
    @kamalbajaj2243 4 місяці тому +1

    Excellent

  • @nileshsarda
    @nileshsarda 4 місяці тому +1

    Great Sir

  • @shankarpatil6872
    @shankarpatil6872 4 місяці тому +1

    Too good sir

  • @dhsikka
    @dhsikka 4 місяці тому +1

    Well-done Sir, Salute ❤

  • @khemendrajangir29
    @khemendrajangir29 4 місяці тому

    I am waiting for the judgment which would be in favour of assessee in section 16(4) on time limit

  • @itsmethakur11
    @itsmethakur11 4 місяці тому

    Meanwhile how to reply to SCN DRC01 for same 16(4) case for march 2020 which was filed on 18/12/20

  • @sushiljain9948
    @sushiljain9948 4 місяці тому +1

    Big salute to you sir

  • @sagarvora3639
    @sagarvora3639 4 місяці тому

    Thank you Sir.. we also got the notice on the same section for same FY 19-20 & this video will help me a lot.

  • @awadhsoni3139
    @awadhsoni3139 4 місяці тому +1

    मिल जायेगा 👍

  • @ramniwas9380
    @ramniwas9380 4 місяці тому +1

    Jai ho

  • @sarveshbaldi4800
    @sarveshbaldi4800 4 місяці тому

    Inequality when one person files a lower tax liability (even though actual liab is higher) and claims full ITC and other tax payer files belated return but shows actual tax liability.

  • @plsharma5177
    @plsharma5177 4 місяці тому

    U r a genius. All traders should b proud of u and your style of giving arguments

  • @pankajpanara4630
    @pankajpanara4630 4 місяці тому

    Thanks Sir for Raising this matter

  • @hemantk4014
    @hemantk4014 4 місяці тому

    Sir if SCRAP COPPER is purchased in AUCTION from army/police cantonment.. how to show it in gst.... They have not given any bill . Just a voucher as road challan has been given..n do we need to generate e-way bill for this inward supply

    • @shubhadas2142
      @shubhadas2142 4 місяці тому

      Probably you have to make a self invoice for this unregistered purchase. And if you are selling it further then you have to make a tax invoice with the applicable GST.

  • @santudutta7645
    @santudutta7645 4 місяці тому

    Thank you sir
    Bahut tension me hai

  • @Agraharabidi
    @Agraharabidi 4 місяці тому

    GST DEPARTMENT IS INDIRECTLY FIXING TARGET TO BUSINESS (like whatever u purchase you should sell with in specific period)With sec 16(4). Is this argument is right or wrong plz correct me sir

  • @namastebharat7
    @namastebharat7 4 місяці тому

    Ab to bas SC KA HI hope hai agar 16/4 nhi hata to pata nhai business kaha jaygea business sold karke demand jo ki dadagiri hai chukana parega aur hath mey kotorra leke gumna hoga

    • @19hbytuy
      @19hbytuy 3 місяці тому

      How much is ur demand notice

  • @pankajsoni8434
    @pankajsoni8434 4 місяці тому

    Thank you Bimal sir. Please add in your argument that the blocking of filing GSTR 3B is just to eat and steal money from B2B buyer also which has already been paid by the seller (GSTR-1). Disallowing of ITC shaould have to be only in situation if the seller is not paying the tax on the invoice which is the base of claiming the ITC.. Further sir, for eliminating the chaos please consider this request that as the government is like a partner in form of tax so it is the duty of the department to safeguard the payment of whole invoice of the seller as well. Department allows to reverse the sale within 6 months just to the part of tax amount in case of any adverse but what about the loss of whole invoice value to the seller in case of non payment from the debtors.(Generally ssuch case arise when debtor not makes payment for more than 6 months but has used the service and material)? please sir