GST Articles

GST Dept Issues Notices to the Debtors to make good for the default in deposit of GST Dues

CMA Navneet Kr Jain 22 March 2021 at 09:38

The government seems to be in no mood to let the defaulters/fraudsters escape and is using all provisions to ensure that GST revenue collections keep an upward momentum.

Supreme Court issues notice on PIL asking for a system to track GST paid by Facebook, Amazon, Google, Twitter, Others

CA Sapna Ghelani 19 March 2021 at 17:15

The three-judge bench of Chief Justice while issuing notice to the centre seeks to amend GSTR-5A or introduce a new form to reflect in the GST return figures of revenue generated out of services to NTOR.

GST Professionals | Timeline of 2020 & 2021

ca harshil sheth 19 March 2021 at 16:09

Looking back at the last 15 months - specifically 2020, it was the year when Professionals worked double than any usual year. In this article, we have discussed the timeline of 2020 & 2021 for GST Professionals.

GST Update - Quoting of HSN on Tax Invoices

Rohit Kumar Singh 16 March 2021 at 11:46

Discussing GST Updates w.r.t Quoting of HSN Classification on Invoices, Table for HSN/SAC reporting based on Turnover & Nature of Supplies and Steps for implementation of the same.

GST Audits: Checks for supply to exporters at concessional rates @0.1%

CA. Heet Shah 15 March 2021 at 09:55

Discussing conditions that need to be satisfied in case one is supplying to a merchant wherein export is in excess of @0.1% (IGST) or 0.5% (CGST & SGST each).

Solution to the Dilemma faced by the Recipient of Deemed exports for claiming refund !!!

CA. Heet Shah 13 March 2021 at 14:44

Discussing whether, as per Rule 89(1) of CGST Rules, 2017, the recipient of deemed supply applying for refund has to claim ITC or not, in order to claim a refund?

Manual for Track Refund Status under GST (Post-Login)

Suhasini 12 March 2021 at 09:50

Discussing steps on how you can track your refund application status and update your bank account under GST after login into the GST Portal.

FAQs on How to Track Refund Status under GST

Suhasini 12 March 2021 at 09:50

Discussing some Frequently Asked Questions (FAQs) on how you can track your refund status under GST with and without logging into the GST Portal.

Mandatory to mention 4/6-digit HSN/SAC Code w.e.f. April 1, 2021

Bimal Jain 11 March 2021 at 09:57

As per Notification No. 78/2020 - Central Tax, it is mandatory for registered taxpayers to mention 4/6 digit HSN/SAC Code on Supply of goods or services on tax invoices w.e.f April 1, 2021.

Refund of GST TCS for Online Sellers of E-Commerce Operators

CA Sachin D Jain 10 March 2021 at 14:43

The online e-commerce operators will deduct GST TCS @ 1% along with other charges like Commission, courier charges etc. from the amount collected from the retail customer, and the balance will be repaid to the seller.