GST Articles


Guide to Electronic Credit Reversal and Re-claimed Statement (ECRRS)

  CA Akshay Hiregange    22 January 2024 at 12:13

The Government has notified certain changes in Table 4 of Form GSTR-3B to enable taxpayers to report correct information regarding ITC availed, ITC reversal, ITC re-claimed, and ineligible ITC through Notification No. 14/2022 - CT. Circular 170/2022-CGST also was issued to clarify disclosure practices that can be followed.

Posted in GST |   1684 Views


Export of services and receipt of consideration under GST

  CA Roopa Nayak    22 January 2024 at 10:25

BackgroundIn the GST law, the export of goods/services are zero-rated supplies under the IGST act. The intention of the Government is to promote exports from th..

Posted in GST |   4015 Views


A Delhi HC Order Paves Way for Swift GST Refund Adjudication

  CA Divyajeet Singh Sabharwal    22 January 2024 at 08:45

For many taxpayers seeking refunds under the Goods and Services Tax (GST) regime, delays and bureaucratic hurdles can feel like an endless maze. But a recent ray of hope emerged from the Delhi High Court, offering a potential escape route with its directive in one of the case.

Posted in GST |   1731 Views


Lifting the veil on taxability of Gift Vouchers: Landmark HC verdict

  Affluence Advisory Pvt. Ltd    19 January 2024 at 08:51

This recent Judgement passed by the Hon'ble Madras High Court has to an extent resolved the anomaly with respect to taxability of vouchers under the GST regime...

Posted in GST |   3965 Views


GST Assessment: Types and Their Significance

  Ashok Pitroda    18 January 2024 at 16:53

Every registered person has to file return to the GST department. Once the person files the return, the next step is processing the return by the GST department.

Posted in GST |   5393 Views


Understanding Electronic Credit Reversal and Reclaim Statement (ECRRS)

  CA Rakesh Ishi    16 January 2024 at 11:05

In the intricate world of Goods and Services Tax (GST), staying abreast of changes and adopting efficient practices is crucial for businesses. One such recent development is the introduction of the Electronic Credit Reversal and Reclaim Statement (ECRRS).

Posted in GST |   12097 Views


Time limit to avail ITC in Section 16(4) - GST and Recent Judgements

  CA Roopa Nayak    15 January 2024 at 17:41

In this article, the paper writer has examined the relevant decisions wrt 16(4) as well as the validity of credit availed post such due dates.

Posted in GST  5 comments |   23417 Views


What is GSTR 10 and how to file GSTR 10?

  Ishita Ramani    15 January 2024 at 08:06

In this article, we'll discuss everything you need to know about filing GSTR 10, including what it means, who needs to file, the due date, and the penalty for non-compliance.

Posted in GST |   5086 Views


Personal Guarantee by Directors and GST

  CA Roopa Nayak    13 January 2024 at 10:13

BackgroundIn the past few years,under GST regime, there had been notices being issued demanding GST on guarantees given in respect of loans by director of compa..

Posted in GST |   2288 Views


Documents for which E-invoicing is compulsory

  Naveen Goyal    12 January 2024 at 14:23

Every business entity is required to issue various documents for transacting purchase and sale transactions. But e-invoicing is not compulsory for each and every document.

Posted in GST |   5205 Views