GST Articles

Introduction of quarterly returns and CGST (13th Amendment) Rules

Rohit Kumar Singh 12 November 2020 at 12:52

CBIC has issued 8 important notifications on 10th Nov 2020. The summary of such notifications along with a link to said CGST notifications is given in this article.

New GST Form-2B - Auto Drafted ITC Statement inserted by CBIC

Aishna Kukreja 11 November 2020 at 15:05

CBIC has released a new GST Form-2B, which will be inserted after Form-2A. In this article, we discuss the particulars and format of the said new GST Form-2B.

CBIC Issues 8 Important GST Notifications related to GSTR 1, Form-2B, GSTR-3B, and GST E-Invoicing

Aishna Kukreja 11 November 2020 at 13:02

CBIC on 10th November 2020 issued various important GST Notifications related to GSTR 1, Form-2B, GSTR-3B, and GST E-Invoicing, etc. Know about all these notifications here.

Exempted Supply in light of Composite Supply

Chandani Nawalkha 04 November 2020 at 17:11

As a principle, exemptions are extended in tax statues to grant relief or ease the burden of consumers keeping in view the interest of the general public at large.

Due Date Compliance Calendar for the month of November 2020

Shweta 03 November 2020 at 10:19

Given in this article, is the Tax Compliance Calendar for Nov 2020 so that you don’t miss out on the important due dates for GST, Income Tax filing, ESI, PF, and Professional Tax Payment.

Is ITC available on wires laid for transmission of electricity by business houses?

Raghav Rathi 02 November 2020 at 11:44

The ITC for the wires/towers laid for the transmission of the electricity is available u/s 16 of the CGST Act, 2017 but is blocked under clause (d) of Section 17(5) of the CGST Act, 2017.

Discussion On ITC Of Diwali Gifts

CA Rahul Mittal 29 October 2020 at 16:33

An analysis of whether Input Tax Credit will be available on the purchase of Diwali gifts? Discussing two scenarios.

FAQs on Filing NIL Form GSTR-3B through SMS

Aishna Kukreja 28 October 2020 at 12:55

If a registered person has to file a NIL return in FORM GSTR-3B then he can file these returns through SMS. The GST department released various FAQs on this. The same are listed here.

FAQs on Filing NIL Form GST CMP-08 through SMS

Aishna Kukreja 27 October 2020 at 13:29

The NIL Form GST CMP-08 is to be filed quarterly by Composition Taxpayers. The same can also be filed via SMS. Here are some FAQs on Filing the NIL form CMP-08 via SMS.

Refund under the GST regime

Chandani Nawalkha 27 October 2020 at 09:58

Under the GST regime, the cases of refund are summarized in this article and are mostly governed by Section 54 of CGST Act, 2017 and Rules 89/96 of CGST Rules, 2007.