GST Articles

Accounting under GST for the FY 2021-22

Posted by Yash Jain 12 October 2021 21131 Views

Through this Article we are making an attempt for MSME & Accountants and Small Practitioners who are backbone for GST Compliances and Reconciliations for the respective organization.

Basic overview of CGST, SGST, IGST and UTGST

Posted by Taxblock 08 October 2021 4719 Views

There were multiple taxes before GST such as Central Excise, Service Tax and State VAT etc. whereas under GST there is only one tax with three different components i.e., CGST, SGST and IGST.

Changes in GST Rates on Goods w.e.f October 01, 2021

Posted by Bimal Jain 07 October 2021 9739 Views

CBIC has further amended Notification No. 01/2017-Central Tax (Rate) dated June 28, 2017, as amended from time to time, in order to adhere to the recommendations of the 45th GST Council Meeting.

Changes in GST Rates on Services w.e.f October 01, 2021

Posted by Bimal Jain 07 October 2021 18442 Views

CBIC has further amended Notification No. 11/2017-Central Tax (Rate) dated June 28, 2017 ("Services rate notification"), in order to adhere to the recommendations of the 45th GST Council Meeting.

GST Services exempted w.e.f October 1, 2021

Posted by Bimal Jain 07 October 2021 45981 Views

CBIC has further amended Notification No. 12/2017-Central Tax (Rate) dated June 28, 2017 ("Services exemption notification"), in order to adhere to the recommendations of the 45th GST Council Meeting.

Industry wise analysis of GST rate notifications applicable from 1st Oct 21

Posted by Vivek Jalan 07 October 2021 10350 Views

CBIC has issued Notification No's 06/2021 - Central Tax (Rate) to 12/2021 - Central Tax (Rate) to give effect to changes recommended in the rate of goods and services by the 45th Council Meet.

Changes in GST rates of various goods and services

Posted by CA Umesh Sharma 06 October 2021 5426 Views

CBIC has issued Notification No.06/2021–Central Tax (Rate) to Notification No.12/2021–Central Tax (Rate) to amend the existing notifications which will be effective from 1st October 2021.

All about GST Suvidha Provider (GSP)

Posted by Suhasini

05 October 2021 10887 Views

It is expected that the GSPs shall provide the tax payers with all services mentioned above in addition to maintaining their individual business ledgers (sales ledger and purchase ledger) and other value added services around the same.

GST E-Invoice: How to handle Duplicate IRN (error code 2150) under practical business scenarios through technology?

Posted by Harshit Dheer 02 October 2021 71795 Views

This write-up series would help the businesses to proactively understand and address the practical business error scenarios which would further help them to adapt to this law requirement comfortably.

What is Mismatch under GST and How to arrive at Mismatches?

Posted by Taxblock 30 September 2021 8441 Views

Mismatch in context of GST refers to the amount of disparity disclosed in GSTR 3B with the details given in GSTR 2B along with GSTR 2A. GSTR 3B is the consolidated form of monthly returns that contains details of total inward supply, outward supply, input tax availed, tax paid, and tax collected made by a registered person during a year.