GST Articles

GST Update: Recommendations made in the 43rd GST Council Meeting

Posted by Lakshit Jindal 01 June 2021 3900 Views

With the second wave of COVID-19 at its peak, the GST Council for the benefit of taxpayers and professionals, took various decisions, relating to changes in GST rates on the supply of goods and services and other changes related to GST law and procedure.

Recommendations of the 43rd GST Council Meet

Posted by Rohit Kumar Singh 01 June 2021 2202 Views

The Council made certain key recommendations on changes in GST rates on the supply of goods and services and changes related to GST law and procedure GST Law and procedures.

GST Amnesty Scheme 2021 & Late Fee Relaxations

Posted by CS Lalit Rajput 01 June 2021 4051 Views

Amnesty scheme 2021 has been recommended for reducing late fee payable by small taxpayers & medium-sized taxpayers. The same will benefit around 89% of GST taxpayers at present.

Weekly GST Update - 43rd GST Council Meet, Guidelines of Cancellation of GST Registration and E-Way Bill etc.

Posted by Jayesh Prakash P 01 June 2021 8327 Views

Discussing - Recommendations by the 43rd GST Council Meeting, Guidelines on Cancellation of GST Registration, Restriction on furnishing of information in Part A of Form GST EWB-01 and Recent AAR & Judicial Decisions.

ITC Mismatch in GSTR-3B vs GSTR-2A/2B - Rule 36 (4) & its Constitutional Validity

Posted by Manish Gupta 29 May 2021 22838 Views

Discussing whether Input Tax Credit can be denied merely on the ground of mismatch between ITC availed in GSTR-3B with that reflected in GSTR-2A/2B.

SOP for verification of taxpayers granted Deemed Registration

Posted by Kusum Gandhi 29 May 2021 1688 Views

SOP for verification of taxpayers granted Deemed Registration

GST Saga on Health Care Services - Classification of sanitizers

Posted by Bimal Jain 29 May 2021 2225 Views

Discussing judicial pronouncements that state that Sanitizers used for 'care, not cure for COVID', are not classifiable as 'Medicaments' and 'Hand-Sanitizers' taxable at 18%, denies exemption as 'essential commodity' under GST.

Changes in the GST refund Procedure and Rules

Posted by Rohit Kumar Singh 29 May 2021 9433 Views

CBIC has issued Notification No. 15 /2021 - Central Tax dated 18th May 2021 specifying changes in the CSGT Rules, which has brought changes in the GST refund procedure.

GST Saga on Health Care Services - Classification of various items used by Healthcare Industry

Posted by Bimal Jain 29 May 2021 4564 Views

Discussing seven important judicial pronouncements under GST on the classification of various health care services used by the healthcare industry.

Procedure for revocation of cancellation of GST registration

Posted by Rohit Kumar Singh 29 May 2021 5958 Views

CBIC has issued notifications for specifying SOPs for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration u/s 30 of the CGST Act, 2017 and Rule 23 of the CGST Rules, 2017.