GST Articles

Concept of GST on Job Work

Posted by Neethi V. Kannanth 29 September 2021 7882 Views

Job work means processing or working on raw materials or semi-finished goods supplied by the principal manufacturer to the job worker.

Analysis of Notification No. 35 / 2021 and 36 / 2021 - Central Tax, issued for decisions taken in 45th GST Council Meeting

Posted by Prateek Jain 28 September 2021 8033 Views

The Government has amended the CGST Rules, 2017 vide Notification No. 35 / 2021 - Central Tax and Notification No. 36 / 2021 - Central Tax, Dated 24th September 2021 in order to bring into effect some of the recommendations made in the 45th GST Council Meeting.

Provision to Link Bank Account Details with GSTIN, by CBIC

Posted by CA. Heet Shah 27 September 2021 10088 Views

To avoid revenue leakages or safeguard the honest taxpayers, CBIC has come up with a provision to Link Bank account details with GSTIN.

ITC on CSR activity: The new battleground?

Posted by Abhishek Raja 25 September 2021 13625 Views

The contribution of companies to fight the spread of the coronavirus would be considered CSR spending as per the Companies Act. Let us understand the applicability of GST provisions on the same.

Specific Compliances under GST- Real Estate Sector

Posted by CA Monika Motta 25 September 2021 9086 Views

In order to run a business smoothly without having any penal consequences, the taxpayers are required to comply with certain procedural requirements and discharge tax liabilities within the stipulated time.

Key Action points to be considered before filing GSTR-1 & GSTR-3B of September 2021

Posted by Bimal Jain 23 September 2021 9661 Views

Finally, after facing every step of hurdle during past financial year, the final goal of every taxpayer is to assess their business records and analyze and correct the mistakes made during the past financial year either through GSTR-1 and GSTR-3B of September, 2021, following the end of financial year, being 2020- 21

Clarification On Doubts Related To Scope Of Intermediary under GST

Posted by Vivek Jalan 23 September 2021 3421 Views

ANALYSIS OF CIRCULAR NO. 159/15/2021- GST: CLARIFICATION ON DOUBTS RELATED TO SCOPE OF "INTERMEDIARY"-REG.

Explanation of Condition V of Section 2(6) of IGST Act, 2017

Posted by CA Amit Harkhani 23 September 2021 5516 Views

As per the Section 2(6) of IGST Act, 2017 "export of services" means the supply of any service

All About ITC under GST | An analysis

Posted by Neethi V. Kannanth 23 September 2021 5077 Views

Input credit means at the time of paying tax on output, one can reduce the tax payable by taking the credit for tax paid on inputs. If you are a manufacturer, supplier, agent, e-commerce operator, aggregator or any of the persons mentioned, registered under GST, you are eligible to claim Input Tax Credit.

Clarification In Respect Of Section 16(4) For Debit Notes under GST

Posted by Vivek Jalan 22 September 2021 6884 Views

ANALYSIS OF CIRCULAR NO. 160/16/2021-GST: CLARIFICATION IN RESPECT OF SECTION 16(4) FOR DEBIT NOTES, CARRYING PHYSICAL COPY OF E-INVOICE DURING TRANSPORTATION & REFUND OF GST ON GOODS WHERE EXPORT DUTY IS APPLICABLE