GST Articles

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.

Dussehra gift of date extension, but what about Diwali gift of ITC?

CA Umesh Sharma 27 October 2020 at 09:58

Due to the COVID-19 pandemic, various taxpayers are facing issues while claiming ITC. Thus, three important recommendations have been made by 53 GST and Trade Associations regarding this.

GST Portal Issues - Did you also face a technical failure while filing GSTR-3B for September 2020?

Aishna Kukreja 22 October 2020 at 10:04

The GST Portal experienced a major technical failure when users were filing their GSTR-3B return for Sept 2020. However, is there a reason for it? What lies ahead for the taxpayers? Is a technical failure of this magnitude justified?

Implications of amendments in GST dated 15.10.2020 in Rule 142 of the CGST Rules

CA. Heet Shah 21 October 2020 at 10:58

An analysis of Rule 142 of the CGST Rules before and after the amendment in GST dated 15th October 2020 vide Notification No. 79/2020.

Analysis of amendments in 1st proviso to rule 46 for Invoicing under GST

CA. Heet Shah 20 October 2020 at 11:00

The GST Law requires that an invoice is issued on the occurrence of a certain event, being a supply, within the prescribed timelines. Let us analyze the amendments in 1st proviso to rule 46 for Invoicing under GST.

Implication on HSN Disclosure vide recent GST notifications

CA. Heet Shah 20 October 2020 at 11:00

When a registered person supplies goods or services to a registered person, then HSN is to be provided without any relaxation. However, a registered person with AATO up to 5cr dealing with URD may not provide HSN.

Important Changes in various GST Forms

Bimal Jain 20 October 2020 at 11:00

The CBIC vide Notification No. 79/2020 notified CGST (Twelfth Amendment) Rules, 2020 amending CGST Rules, 2017 vide various following amendments have been made in GST Forms. Let us understand those.