GST Articles

All about Remission of Duties and Taxes on Exported Products (RoDTEP)

CA. Heet Shah 22 March 2023 at 06:49

RoDTEP stands for Remission of Duties and Taxes on Exported Products. It is a new scheme that has been introduced by the Government of India to replace the earlier Merchandise Exports from India Scheme (MEIS) for exporters.

Posted in GST | 261 Views

Rectification of errors under GST

CA SUDHIR HALAKHANDI 21 March 2023 at 19:37

The errors can be rectified in any decisions or order or notice or certificate or any other document as per section 161 but since on most of the cases dealers / asseseee are concerned with the orders hence we should try to understand the concept with Rectification of Mistakes/errors in Orders.

Posted in GST | 627 Views

What is Pure Agent? What are Conditions to Act as Pure Agent?

CA. Bhavik P. Chudasama 21 March 2023 at 12:33

In Industry still there are many confusions regarding what is Pure Agent and what are conditions to act as pure agent especially when there is a case of 'Reimbursement of Expenses'.

Posted in GST | 627 Views

All about GTA under GST

CA. SANAT PYNE 21 March 2023 at 08:49

In this article, we will discuss the definition of GTA, its scope under GST and the compliance requirements for businesses that fall under the category of GTA.

Posted in GST | 2955 Views

Significance of Deemed Export under GST

CA. Heet Shah 21 March 2023 at 08:49

Deemed exports are a type of transaction under the Goods and Services Tax (GST) regime that involve the supply of goods or services that are not physically exported from India but are deemed to have been exported.

Posted in GST | 2 comments | 1881 Views

ITC eligibility of CSR expenditure under GST and Finance Bill, 2023

CA Somil 20 March 2023 at 08:54

Upto March 2014, the companies were undertaking CSR activities as per their internal polices. However, from 1 April 2014, the section 135 of Companies Act, 2013 made mandatory for certain categories of companies to undertake CSR. Also, the activities which should be undertaken as part of CSR are listed in Schedule VII to the Companies Act, 2013.

Posted in GST | 5841 Views

Export under GST

CA. SANAT PYNE 18 March 2023 at 06:56

Under GST, the term "Export" refers to the supply of goods or services that are sent outside the territory of India. This means that any supply of goods or services that leaves India's boundaries can be considered an export.

Posted in GST | 6888 Views

E-invoice and recent circular under GST

CA Somil 16 March 2023 at 09:01

Every registered taxable person whose aggregate annual turnover exceeds Rs. 10 Cr in any of the financial year starting from 2017-18 is liable to issue e-invoice by way of uploading its tax invoice in json file on Invoice Registration Portal (IRP) in accordance with e-invoice schema in INV-01 and getting back digitally signed json from IRP with IRN and QR Code.

Posted in GST | 1 comments | 24519 Views

Are you Ready for FY 2023-24 under GST?

CA. Bhavik P. Chudasama 15 March 2023 at 08:57

Since we are already in the last month of the Accounting year i.e. March 2023, which mandates a few important points to be taken care in the current month so that there is smooth functioning in the next year without much reference to the previous year. Keeping the same thing in mind, we have tried to brief some important points to be taken care of.

Posted in GST | 17868 Views