GST Articles

Retrospective Amendment - Interest on Tax payable under Section 50 on Net Tax liability

Posted by CA. Heet Shah 08 June 2021 3757 Views

Section 112 of the Finance Act 2021 shall come into force on 1st June 2021. This section seeks to amend Section 50 of the CGST Act, 2017 which relates to Interest on Delayed Payment of GST.

CBIC Issues 12 Important GST Notifications Related To Due Date Extension, Rationalizing Of Late Fee And Interest Rate Etc.

Posted by Aishna Kukreja 08 June 2021 18041 Views

CBIC, on 1st June 2021 released 12 important GST notifications giving effect to the recommendations of the 43rd GST Council Meeting. Let us understand the effect of these notifications in detail.

An insight into E-way bill

Posted by Vaibhav Singh 07 June 2021 2569 Views

E-Way Bill is a compliance mechanism wherein, by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates the same on the GST portal.

Whether separate GST Registration is required for a warehouse?

Posted by Vaibhav Rai 07 June 2021 41219 Views

The GST law does not clarify ‘Where’ i.e. in which State/U.T GST Registration is required. This lack of clarity has upreared countless doubts, one of which is clarified in this article i.e. Do Warehouses need to be registered under GST?

GST Relaxations 2.0 decoded!!

Posted by Jayesh Prakash P 05 June 2021 13653 Views

The Central Board of Indirect Taxes and Customs, via several Notifications dated 1st May 2021 and 1st June 2021, has provided relief to taxpayers due to COVID-19. Same has been listed in this article.

Consolidated Covid-19 Relief Measures for Taxpayers under GST law

Posted by CA Harshal Jain 05 June 2021 7877 Views

In view of the spread of pandemic COVID-19 across many parts of India & challenges faced by Taxpayers, the Government has announced certain Covid-19 Relief Measures under the GST law.

GST on cryptocurrency transactions

Posted by Member (Account Deleted) 02 June 2021 14518 Views

Introduction:The objective of this article is to keep it short and sweet. This is solely based on my understanding of GST legislations. If you differ with me fo...

Decoding Cryptocurrency From GST Point Of View

Posted by Manish Gupta 02 June 2021 6530 Views

This article intends to give the readers an overview of the complete landscape for the taxation of cryptocurrencies and the indirect tax structure analysis, particularly after implementing the Central Goods and Services Tax Act, 2017.

Exceptions to the Principal that "Writ petition not maintainable if alternative remedy available" under GST Laws

Posted by CA Shruti Singhal 02 June 2021 1761 Views

The case of Golden Mesh Industries squarely falls into an exceptional instance and thus, the writ was maintainable in spite of the availability of alternate remedy.

Recommendations of 43rd meeting of GST Council held on May 28, 2021

Posted by Jayesh Prakash P 02 June 2021 1892 Views

Discussing the recommendations of the 43rd GST Council Meeting relating to changes in GST rates on supply of goods and services and changes related to GST law and procedure.