GST Articles
Expectations from the 45th GST Council Meeting
16 March 2022
8693 Views
The 45th GST Council meeting will be the first on-ground meeting in around 20 months, as the last such meeting was conducted in 2019 before restrictions were enforced due to the COVID-19 pandemic.
Concept of Supply
The whole GST law revolves around one taxable event “Supply”. Supply is the event that triggers GST applicability on a Transaction.But before explai
Applicability Of GST On Restaurants, Hotels, Fine-Dining, Restaurants And Cloud-Kitchens
In this article we will talk about how GST affected the bills of restaurants, hotels and other places where we usually go out for eat something.
New GST registration denial may badly affect our economy
Recently, many frivolous queries are seen to have been raised by concerned officials when businessman applies for registration of GST Number.
Maharashtra settlement of arrears of Tax, Interest, Penalty or Late Fees Scheme 2022
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
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
09 March 2022
19593 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).
Reversal of input tax credit - Real estate sector
As you are aware that implementation of Goods and Services Ac,2017(GST) is one of the most important act of this NDA Government. Through implementation of GST the concept "One Tax one Nation" has been fulfilled and the tax system of India has been totally overhauled.
Can more than one show cause notice be issued for same period in GST?
No SCN can be issued for subsequent period, when notice and adjudication order for previous period quashed by Court or Tribunal. But if something has been missed then second Show Cause Notice could be issued and Department has right to demand tax which has escaped assessment.
Welcome Internal Circular of MH state on GST mismatch issues
Internal circular has been issued by Maharashtra State GST department on 25/02/2022. The circular has been issued to give guidelines with respect to legal issues pertaining to return scrutiny for tax periods 2017-18 and 18-19.
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