GST Articles

Clarification on availment GST ITC for Feb,20 to Aug, 2020 - Rule 36(4)

Rohit Kumar Singh 12 October 2020 at 10:03

CBIC has issued a Departmental Circular No 142/12/2020- GST on 9th October 2020 clarifying the applicability of Rule 36(4) of the CGST Rules, 2017 for the months of Feb 20 to Aug 20.

Comments on Recommendations of 42nd GST Council meeting

Lekhraj sood 08 October 2020 at 09:59

The 42nd GST Council Meeting was held on 5th October 2020. Let us discuss some of the recommendations made by the council

Shortfall of GST Compensation Issue - Update from the 42nd GST Council Meeting

Aishna Kukreja 06 October 2020 at 13:31

An analysis of the GST Compensation issue and an update regarding the same, by the 42nd GST Council Meeting.

42nd GST Council Meeting - Key Highlights

CS Lalit Rajput 06 October 2020 at 10:25

The 42nd GST Council met under the Chairmanship of FM Smt. Nirmala Sitharaman via video conferencing on 5th Oct 2020. Let us discuss the key highlights of the meeting.

Outcome of the 42nd GST Council Meeting - A Tabular Format

Rohit Kumar Singh 06 October 2020 at 10:24

The GST Council met through video conferencing on 5th Oct 2020 for the 42nd time and deliberated on several key issues. Some of the important recommendations made are elaborated in the article.

New Issue: Is GST leviable on Notional Interest on security deposit of Rent?

CA Umesh Sharma 06 October 2020 at 10:24

Whether notional interest on the security deposit paid by the tenant should be taken into consideration for the purposes of arriving at the total value from rental, or not? Let us discuss.

GSTR 4 Offline Tool - Solutions to some Common Issues

CA Kushwanth AVSR 05 October 2020 at 10:47

GSTR 4 Offline Utility is available on the GST Portal to facilitate the composition dealers to prepare the GSTR 4 Return. Let us discuss solutions to some common issues faced by taxpayers while filing GSTR 4

GST Updates - Monthly Recap for September 2020

CA Chanchal Jain 03 October 2020 at 11:00

The GST department has come up with frequent updates in the month of September. This article summarizes all the updates including how these may benefit taxpayers.

GSTR 9C Audit Checklist - Points to be verified while conducting an audit

CA Kushwanth AVSR 03 October 2020 at 10:58

GSTR 9C is an audit form that has to be filed by specified taxpayers annually in GST. While doing the GSTR 9C audit, some points are to be considered. Those are discussed in the article.