GST Articles

Headache of HSN Code for GST taxpayers in GSTR-9 for FY 21-22

CA Umesh Sharma 12 December 2022 at 14:20

From FY 2021-22 onwards, it shall be mandatory to report HSN Summary for Outward Supplies in Table 17 at 6 digits for taxpayers having annual turnover in preceding FY above Rs. 5 Cr. and at 4 digits for all B2B supplies for taxpayers having annual turnover in the preceding FY up to Rs. 5 Cr.

Important Updates and Due Date Compliances under GST for Dec 2022

Tarun Kr. Gupta 12 December 2022 at 08:55

Important clarifications/ amendments issued by the Government on GST in November/ December 2022 along with compliance timelines in December 2022

Applicability of GST on cold storage

CA PIYUSH KAPOOR 10 December 2022 at 08:52

This article helps to understand the applicability of GST on Cold Storage services, the Definition of Agri Produce as well as ITC claims on Buildings and Plant and Machinery.

Clause by clause analysis of Revenue items & outward supply disclosures in Annual Returns - Part 4

CA Yash Shah 09 December 2022 at 08:58

Filing of the annual return is not entirely a new phenomenon for taxpayers who were required to file annual return and submit reconciliation certificate by the specified persons including Chartered Accountant under the State VAT laws.

GSTR 9 and 9C: Optional to Mandatory reporting in FY 2021-22

Affluence Advisory 07 December 2022 at 12:41

In this article, we would mainly comment on applicability of GSTR 9 and 9C along-with key pre-requisites.

Key Amendments in FY 2021-22 relevant for GST Audit - Part 3

CA Yash Shah 07 December 2022 at 08:40

As we mark end of the financial year 2021-22 with respect to GST laws as next month we all would filing GST Annual returns normally called GSTR 9 & GSTR 9C wherever applicable, before filing the annual return it is very important to consider the major amendments that have been brought in Financial year 2021-22

In-depth Audit Programme & Checklist for conducting GST Audit - Part 2

CA Yash Shah 06 December 2022 at 08:54

Introduction:An audit programme can be understood as written guidelines which can also mean an action plan which contains the broad details of work to be done b..

Important Due Dates in the Month of December!

CA Umesh Sharma 06 December 2022 at 08:54

This December Month is full of Due Dates which are important from both GST and Income Tax Point of view

Checklist of Accounts, Records & Documents to be maintained from GST Audit Perspective - Part 1

CA Yash Shah 05 December 2022 at 08:44

In any tax law, there would be an enhanced focus on the various accounts, records, and documents to be maintained so that there exists an appropriate trail of transactions undertaken by the assessee, which are maintained properly.

GST Registration Process in Bangalore

Prakasha and Co 02 December 2022 at 08:50

Whether you are running a business from your home, office or a retail outlet, you must register for the Goods and Services Tax (GST) in Karnataka. The good news is that the process of registration is quite simple, and the costs of the registration are minimal.