GST Articles

GST Council Meeting: Key Recommendations & Changes

Posted by Deepak Jha 14 July 2023 6206 Views

Discover the latest GST Council meeting recommendations. Learn about changes to ISD, GST Appellate Tribunal, registration, returns, and more. Read now!

50th GST Council Meeting: Key Highlights & Changes

Posted by Rashmi 13 July 2023 3736 Views

Discover the key outcomes of the 50th GST Council Meeting, including rate changes, exemptions, and procedural amendments. Learn how these updates affect your business.

GST on Fixed Exchange Rate Contracts: Valuation & Invoicing

Posted by CA. Shivam Agrawal 12 July 2023 3219 Views

Understand GST implications for fixed exchange rate sales contracts. Learn about valuation, invoicing, revenue recognition, and ITC claims.

Reconcile GSTR-1 with GSTR-3B: A Step-by-Step Guide

Posted by Nikita Agarwal 11 July 2023 17615 Views

Learn how to reconcile GSTR-1 and GSTR-3B with our easy step-by-step guide. Identify and rectify discrepancies for accurate GST compliance.

PMLA Expansion: GSTN to Share Data with ED & FIU

Posted by Rashmi 10 July 2023 2767 Views

GSTN now falls under PMLA, enabling information sharing with ED & FIU for suspicious transactions and GST offences. Learn more about the implications.

GST Offences, Penalties & Legal Proceedings Explained

Posted by Harsh Kaushik 30 June 2023 4695 Views

Understand GST offences, penalties, and legal proceedings in India. Learn about wilful vs. non-wilful defaults, imprisonment terms, and decriminalisation.

Treatment of Gifts & Donations under GST

Posted by CA Amrita Chattopadhyay 29 June 2023 27720 Views

The taxability and availability of Input Tax Credit on Gifts and donations have always been a matter of discussion and confusion. With the implementation of GST...

New GST rate on various construction services from 18th July 2022

Posted by CA CMA Sagar Jaiswal 28 June 2023 87396 Views

The GST department has notified the GST rate revisions, recommended at the 47th GST Council meeting held on 28th & 29th June 2022. Correspondingly CBIC issued Notification No. 03/2022 on 13th July 2022 amending Notification no. 11/2017 dated 28th June 2017, wherein GST rates for various construction services have been revised.

GST Notices Issued to Indian Insurers for Tax Evasion

Posted by Abhishek Raja 28 June 2023 7755 Views

Discover why India's GST department is issuing show-cause notices to major insurers over input tax credit claims. Learn about the alleged evasion and company responses.

Real Estate Under GST: Challenges & Taxability Explained

Posted by CA. Heet Shah 26 June 2023 6199 Views

Explore the complexities of real estate under GST, including taxability, valuation, ITC issues, and affordable housing. Learn how to navigate these challenges.