GST Articles

Concept of Supply

Posted by Varsha Nayyar 16 September 2021 3438 Views

The whole GST law revolves around one taxable event “Supply”. Supply is the event that triggers GST applicability on a Transaction.But before explai

New GST registration denial may badly affect our economy

Posted by CA Tejas Andharia 16 September 2021 2750 Views

Recently, many frivolous queries are seen to have been raised by concerned officials when businessman applies for registration of GST Number.

How to Explain GST to Your Friends: The Ultimate Guide

Posted by rumpa gupta 13 September 2021 7817 Views

The Goods and Services Tax Council has set up a four-tier tax structure. The rates are 5%, 12%, 18%, and 28%, which means that the total tax burden on the product is likely to be around 18%.

Important Care to be taken before filing Sept 21 GST Return

Posted by CA Umesh Sharma 13 September 2021 10757 Views

Once the return of September 2021 is filed, no changes or rectifications can be made further. Thus, taxpayers must reconcile their books and returns & make the final adjustments.

GST Implication on Export of Goods & Service

Posted by CA Amit Harkhani 13 September 2021 7101 Views

Export incentives are certain benefits exporters receive from the government as acknowledgement for bringing in foreign exchange and as compensation for the costs they incur.

GST Exemption upto Rs.7500 to Residential Welfare Association

Posted by CA Roopa Nayak 13 September 2021 10269 Views

The recent judgment of the HC in Greenwood Owners Association vs. UOI has held that it is only contributions to RWA in excess of Rs.7,500/- that would be taxable under the GST Act.

GST Returns and updated due dates

Posted by CCI Team 10 September 2021 26905 Views

GST return is to be filed by every registered dealer on the GST Portal. Know the updated due dates of GST return filing forms of GSTR 1, GSTR 3B, GSTR 4, GSTR 5, GSTR 6, GSTR 9.

GST Return : New GST Return System

Posted by Kunal Budhraja 10 September 2021 18110 Views

The New GST Return System which was to be implemented from the 1st of April 2020 has now been deferred till September 2020 by the GST Council in it's 39th meeting. This article presents a brief overview of the New GST Return Filing System.

Reverse Charge Provisions for Builders

Posted by CA Reema Sonigra Mehta 04 September 2021 27037 Views

If an unregistered person supplies certain specified taxable goods or services to certain specified recipients who are registered under GST, then such recipients must pay tax on such procurements on a reverse charge basis.

All about Block Input Tax Credit In GST

Posted by Ashish Miglani 04 September 2021 17185 Views

Input Tax Credit Mechanism is available to you when you are registered as a taxpayer under the GST Act whether you are a Manufacturer, Supplier, Agent, or E-Commerce Operator etc.