GST Articles

GST Implication on Recovery Agent Service

Posted by CA Amit Harkhani 26 March 2022 6269 Views

As per Section 2(5) of CGST Act, "Agent" means a person, including a factor, broker, commission agent, arhatia, del credere agent, an auctioneer or any other mercantile agent, by whatever name called,who carries on the business of supply or receipt of goods or services or both on behalf of another.

Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19

Posted by Rohit Kumar Singh 24 March 2022 11926 Views

We bring to you a summary of the instruction along with indicative list of parameters for scrutiny (though the list is indicative and proper officer may include additional parameters).

CGST department likely to commence Scrutiny of GST returns for 2017-18 and 2018-19

Posted by CMA Navneet Kr Jain 23 March 2022 28879 Views

The CGST department was gearing up all these years and providing training to its officials to undertake GST scrutinies in a professional way and now it has come up with Standard Operating Procedure.

GST E-Invoice Rules modified/amended w.e.f. 1st April 2022

Posted by CS Lalit Rajput 21 March 2022 17097 Views

From April 1, GST e-invoice is mandatory for businesses with Rs. 20 crore turnover.

GST Payable by ECO on Notified Services

Posted by CA Sachin Jain 19 March 2022 10779 Views

The Provisions w.r.t GST payable by ECO on Notified services are contained under Section 9(5) of CGST/SGST/UTGST Act. Similar Provisions are also contained under section 5(5) of IGST Act.

Cancellation of Registration under GST: An Overview

Posted by Neethi V. Kannanth 16 March 2022 14916 Views

Cancellation of Registration under GST would mean that the person would no longer be registered under GST and is not required to pay or collect GST or claim ITC or file returns.

GST provisions for Freelancers

Posted by CA Puja Sharma 16 March 2022 7665 Views

A freelancer refers to an individual who works independently from any organisation. The freelancers do not have any fixed income. He/She earns based on tasks or assignments undertaken by them. The duration of the assignment is generally a shorter period.

Maharashtra settlement of arrears of Tax, Interest, Penalty or Late Fees Scheme 2022

Posted by CA Umesh Sharma 14 March 2022 9206 Views

Maharashtra Government has introduced various schemes in the Budget to settle old disputes. Considering the same, the government has introduced an scheme to solve disputes between Maharashtra government and taxpayers.

Employee recoveries and GST implications

Posted by CA Roopa Nayak 14 March 2022 17014 Views

In this background, the paper writer has examined in light of recent developments whether GST to be paid on recoveries made from employees by company.

All About Auto Population of E-invoices in GSTR 1

Posted by Poojitha Raam Vinay

09 March 2022 19587 Views

Generation of e-invoice is mandatory for certain classes of taxpayers, as notified by the Government. These taxpayers are required to prepare & issue their e-invoices by reporting their invoice data in the prescribed format and reporting the same on the Invoice Registration Portal (IRP). Invoices reported successfully on the IRP are given a unique Invoice Reference Number (IRN).