GST Articles

Allowability of ITC to the Landowner before the Completion Certificate

Posted by Prashanth Reddy Yalala 09 June 2021 8915 Views

Discussing the allowability of credit of taxes paid by a developer to the landowner notified through Notification No. 2/2021 & 3/2021 Central Tax (Rate) dated 02-06-2021.

Datewise Analysis of GST Notifications 19 & 20

Posted by CA. Heet Shah 09 June 2021 5054 Views

CBIC has issued few notifications in which they have provided relaxation to the taxpayers who have failed to file GSTR from July 2017 to April 2021. Discussing the same in this article.

Retrospective Amendment - Interest on Tax payable under Section 50 on Net Tax liability

Posted by CA. Heet Shah 08 June 2021 3756 Views

Section 112 of the Finance Act 2021 shall come into force on 1st June 2021. This section seeks to amend Section 50 of the CGST Act, 2017 which relates to Interest on Delayed Payment of GST.

Blocking and Unblocking of ITC - A Welcome Circular

Posted by Lekhraj sood 08 June 2021 17181 Views

A Welcome Circular that amends the conditions of use of amount available in the electronic credit ledger as per Rule 86A of the Central Goods and Services Tax (CGST) Rules, 2017.

GST Compliance Relaxation pursuant to GST Council Recommendations

Posted by Rohit Kumar Singh 08 June 2021 2029 Views

Pursuant to the GST Council recommendations in their 43rd meeting, CBIC has issued a series of notifications relaxing the GST compliance requirements. Same has been summarised here.

Whether separate GST Registration is required for a warehouse?

Posted by Vaibhav Rai 07 June 2021 41190 Views

The GST law does not clarify ‘Where’ i.e. in which State/U.T GST Registration is required. This lack of clarity has upreared countless doubts, one of which is clarified in this article i.e. Do Warehouses need to be registered under GST?

Consolidated Covid-19 Relief Measures for Taxpayers under GST law

Posted by CA Harshal Jain 05 June 2021 7875 Views

In view of the spread of pandemic COVID-19 across many parts of India & challenges faced by Taxpayers, the Government has announced certain Covid-19 Relief Measures under the GST law.

GST Relaxations 2.0 decoded!!

Posted by Jayesh Prakash P 04 June 2021 13650 Views

The Central Board of Indirect Taxes and Customs, via several Notifications dated 1st May 2021 and 1st June 2021, has provided relief to taxpayers due to COVID-19. Same has been listed in this article.

An insight into E-way bill

Posted by Vaibhav Singh 03 June 2021 2569 Views

E-Way Bill is a compliance mechanism wherein, by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates the same on the GST portal.

CBIC Issues 12 Important GST Notifications Related To Due Date Extension, Rationalizing Of Late Fee And Interest Rate Etc.

Posted by Aishna Kukreja 02 June 2021 18036 Views

CBIC, on 1st June 2021 released 12 important GST notifications giving effect to the recommendations of the 43rd GST Council Meeting. Let us understand the effect of these notifications in detail.