GST Articles

Analysis of GST amendments in services of GTA w.e.f 18th July 2022

Posted by Ishan 20 July 2022 26764 Views

Analysis of GST amendments in services of Goods Transport Agency (GTA) w.e.f 18th July 2022

Important Changes in GST w.r.t Foods industry w.e.f July 18, 2022

Posted by Bimal Jain 19 July 2022 7216 Views

Earlier, there was exemption from GST on Unbranded or Branded Commodities where right on the brand has been foregone which has been done away w.e.f July 18, 2022, and now GST exempted only when it is not a pre-package and labelled commodities.

Analysis on Applicability of GST on Pre-packaged and Pre-labelled Food Items, Grains, etc.

Posted by CA Nitin K. Varshney 19 July 2022 6182 Views

GST Committee is making the law more complicated and confusing day by day. The intention of Committee is to collect more GST. But now a days, we are observing lack of clarity in every provision. Assessee is not clear about the taxability of his commodity.

FAQs on GST applicability on 'pre-packaged and labelled' goods

Posted by Shree 19 July 2022 5993 Views

Frequently asked Questions (FAQs) to clarify certain doubts/queries regarding the GST levy on 'pre-packaged and labelled' goods which came into effect from today, 18th of July, 2022

Analysis of amendments in GST applicability on renting services of residential dwelling w.e.f. 18th July 2022

Posted by Ishan 18 July 2022 36210 Views

As per Entry 12 of Notification 12/2017- Central Tax Rate dated 28.6.2017, "Services by way of renting of residential dwelling for use as residence" is exempt.

FCM on GTA Services

Posted by Ajay Kumar Maggidi 18 July 2022 8869 Views

Starting W.E.F today, i.e. 18-07-2022, GTA dealers may choose option to discharge the tax under forward charge. Let us have a look at what are the changes and how does it impacts.

Refund under GST and the procedure to claim refund

Posted by Taxblock 16 July 2022 6946 Views

Refunds can be claimed under GST when the taxpayer pays a tax more than he is liable to pay. The process of claiming refund under GST is systemized so that no confusion arises. The whole process of refund is online and they have given some time limit for claiming refund.

Deposit of erroneous refund can claim back as ITC

Posted by CA Pradeep Sharma 16 July 2022 4247 Views

The proper officer, on being satisfied that the full amount of erroneous refund along with applicable interest, as per the provisions of section 50 of the CGST Act, and penalty, wherever applicable, has been paid by the said registered person in FORM GST DRC-03 by way of debit in electronic cash ledger

Changes proposed in disclosure of ITC in Table 4 of GSTR-3B

Posted by CA Akshay Hiregange 15 July 2022 7419 Views

To streamline the disclosures in GSTR-3B across the nation, some changes in the Form have been introduced w.e.f 5th July 2022 vide NN 14/2022-CT along with clarity provided through Circular No. 170/02/2022-GST dated 6th July 2022.

Outward Supply additional disclosures in Form GSTR-3B

Posted by CA Akshay Hiregange 14 July 2022 7970 Views

In order to accommodate new changes in the law and new disclosure requirements, the present GSTR-3B may see some changes soon, as specifically mentioned in the press release of the 47th council meeting. A revised GSTR-3B form may be put up in the public forum for comments and suggestions.