GST Articles

55th GST Council: Major Amendments in CGST Rules Affecting IMS

Vivek Jalan 04 January 2025 at 08:50

Analysis of the 55th GST Council's decision for Amendments in the CGST Act, 2017 and CGST Rules, 2017 in respect of the functionality of the Invoice Management System (IMS)

Relief provided by 55th GST Council Meeting to Small Taxpayers

CA Shruti Singhal 03 January 2025 at 09:26

The 55th GST Council meeting, held on December 21, 2024, resulted in a series of key decisions aimed at refining India's Goods and Services Tax (GST) framework. All the recommendations affecting small taxpayers have been discussed below.

Analysis of GST Council's Decision on Issues pertaining to Taxability of Vouchers

Vivek Jalan 02 January 2025 at 08:41

In a significant move to address long-standing concerns regarding the taxability of vouchers under GST, the GST Council made certain recommendations

GST Relief to Hotels and Restaurants: Analysis of 55th GST Council's decision

Vivek Jalan 01 January 2025 at 07:57

To omit the definition of declared tariff and suitably amend the definition of specified premises (from the services rate and exemption notifications) to link it with actual value of supply of any unit

Key Highlights of 55th GST Council Meeting

CA Umesh Sharma 31 December 2024 at 08:53

Just as the New Year symbolizes new beginnings, the 55th GST Council Meeting has introduced transformative recommendations for taxpayers and businesses. These recommendations touch upon rates, compliance mechanisms, clarifications, amendments and much more.

Intermediary Services Under IGST Act: Place of Supply and Tax Implications

CA. Bhavik P. Chudasama 28 December 2024 at 16:51

The Goods and Services Tax (GST) regime in India has streamlined the indirect taxation structure and brought uniformity across states. Within this framework, th..

GST on Old and Used Vehicles: Does Selling a Used Vehicle Attract GST for all individuals?

Mitali 27 December 2024 at 17:36

Is it true that the sale of an old or used car would attract more GST or if sold at a loss it will attract more GST on it?

Madurai Bench of Madras HC: Limitation for Appeals Starts from Rectification Order

Rajan Naidu 27 December 2024 at 08:55

The Hon'ble Madurai Bench of Madras High Court clarifies that limitation period for appeals begins from rectification order, not original assessment order

Who Moved my Popcorn?

CA Niraj Navindgikar 26 December 2024 at 09:50

In the recently concluded 55th GST Council Meeting held on 21/12/2024, the Council gave a Clarification regarding the GST rates applicable on various types of popcorn, a light edible item mostly consumed in movie theatres, restaurants, etc.

GST Return Forms

CA Anurag Sharma 25 December 2024 at 08:52

Learn about all GST return forms, including GSTR-1, GSTR-3B, GSTR-4 and more. Understand their details, due dates, and filing requirements for seamless GST compliance.