GST Articles

All about Registration under GST

CA. Ankit Chandrakar 11 January 2021 at 09:46

In this article, we discuss all about GST Registration, including persons liable to get a GST registration, important points to be noted, calculation of threshold limit, and exceptions, etc.

Time limit increased for grant of GST registration from 3 to 7 working days

Bimal Jain 09 January 2021 at 09:52

In this article, we discuss the CGST (Fourteenth Amendment) Rules 2020, wherein the Time limit was increased for grant of GST registration from 3 to 7 working days.

GST Audit - Applicability and Procedure

Indira Priyadarsini Kota 09 January 2021 at 09:32

In this article, we discuss all about GST Audit, including the different types of GST Audit, their applicability and the procedure one must follow during the GST Audit.

Process for Aadhaar Authentication or EKYC for Existing Taxpayer

Rohit Kumar Singh 08 January 2021 at 18:06

GSTN has issued an advisory on 6th Jan 21 for existing taxpayers to complete Aadhaar Authentication or e-KYC. In this article, we discuss the update released on the GST Portal, regarding the same.

Quarterly Return Monthly Payment under GST

CA Santhosh Gupta Kethepalli 08 January 2021 at 17:39

In this article, we discuss about the Applicability, Features, Registration Procedure, and Return Filing Procedure etc. of the Quarterly Return and Monthly Payment Scheme.

Validity of e-way bill narrowed by increasing distance from 100 km. to 200 km. per day

Bimal Jain 08 January 2021 at 09:38

The validity of e-way bill under Rule 138(10) of the CGST Rules has been amended, according to which the e-way bill will now be valid for 1 day for every 200 km of travel, as against 100 km earlier.

A Critical Analysis of having TDS and TCS with GST on them

Akshay Parakh 07 January 2021 at 12:00

What we often ignore while checking our books of accounts is the impact of TDS/TCS under income Tax Act with Goods and Services Tax. In this article, we discuss the same in three subsets.

How to Calculate 5% Provisional ITC in FORM GSTR-3B as per the CGST Rule 36(4)?

Neethi V. Kannanth 07 January 2021 at 09:28

In this article, we discuss the computation of Provisional ITC in FORM GSTR-3B as per the CGST Rule 36(4) including, computation as per Books of Accounts and GSTR-2B, and claim of balance ITC.

Rule 86B of CGST Rules and its Impact

Indira Priyadarsini Kota 07 January 2021 at 09:28

Rule 86B has been introduced with an intention to curb unfair practices by traders to avail ITC and stop creating fake invoices to increase the turnover without any financial credibility.

Is Interest not payable if the GST return is filed belatedly but amount is deposited in Cash Ledger within due date?

Anket Dodya 07 January 2021 at 09:28

In many cases cash ledger was credited within the time, however, filing of return happened belatedly. There are strong reasons why interest should not be levied in such scenarios. Let us understand the legal matrix around this issue.