GST Articles

GST Implications on gifts and free samples

CA Pratik Patel 14 July 2020 at 10:54

Know GST implications on the supply of Gifts, free samples, and buy one, get one free supplies.

No ITC on project development services for immovable property construction

Pradeep Jain 13 July 2020 at 14:31

Construction services/works contract have always faced the wrath of lawmakers as far as credit is concerned under CENVAT rules. The same plight continues under ..

All about Form GST-PMT-09

Pratik shah 13 July 2020 at 09:34

Form GST PMT-09 enables any registered taxpayer to perform intra-head or inter-head transfer of amount as available in Electronic Cash Ledger. Thus, a registered taxpayer can now file Form GST PMT-09 for transfer of any amount of tax, interest, penalty, fee or others, under one (major or minor) head to another (major or minor) head, as available in the Electronic Cash Ledger.

All about GSTR-9 & GSTR-9C Filing

CA Shubhi Khandelwal 13 July 2020 at 09:34

Form GSTR-9 should be filed yearly by registered taxpayers. It is a consolidation of all the monthly/quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) filed in that year.

Blocked Credit Sec.17(5) of CGST Act, 2017

CA Santhosh Gupta Kethepalli 13 July 2020 at 09:34

Input tax credit is not available in respect of certain inward supply of goods or services as per Section 17(5) of the CGST Act, 2017 this is called blocked ITC.

How to View and Claim GST TDS/TCS Credit

CA Pratik Patel 09 July 2020 at 13:37

How to View and Claim GST TDS/TCS Credit

Composition Scheme: Sec.10 of CGST Act, 2017

CA Santhosh Gupta Kethepalli 09 July 2020 at 09:39

Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover.

Various Due Dates of GST Returns due to Covid-19

CA Shubhi Khandelwal 09 July 2020 at 09:31

Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended due dates for GST Return filings and provided relief to tax payers

Advance rulings under GST clarified by CBIC

Anoop Gupta 07 July 2020 at 15:22

The purpose of advance rulings is to help an applicant who is already a registered taxable person or is liable to be registered to provide clarity and understanding with regards to any supply which is to be undertaken and which might create an issue with the GST authorities