GST Articles

Revocation of Cancellation of Registration under GST- Challenges to overcome

Praveen Sharma 24 July 2020 at 16:42

CBIC through Removal of Difficulty Order No. 01/2020-Central Tax dated 25.06.2020 seeks to extend the time limit for filing an application for revocation of cancellation of registration for specified taxpayers. However, GSTN hasn’t started the process on the common portal.

Know your GST State Code

Ritika Agarwal 24 July 2020 at 13:16

GST State Code is a code in the GST system, each state is allotted with a two-digit numerical code which will help to identify the business entity.

Equalisation Levy- Impact of Finance Act 2020

CA Harshal Sevak 24 July 2020 at 09:27

Equalisation levy was initially brought to impose tax on online advertisement including provision of digital advertising space on certain entities which did not have any physical presence in India but which earned revenue from Indian advertisers.

FAQs on GST returns related to COVID-19 relaxation

CA Rashmi B 23 July 2020 at 16:58

Due to the ongoing pandemic considering the difficulties for the taxpayers, various relaxations for the taxpayers were provided by the GST council.

What is E way bill under GST?

CA Santhosh Gupta Kethepalli 23 July 2020 at 09:51

E Way Bill is Mandatory in a case where the goods are being sent by a Principal located in one state to a Job worker located in any other state, the E Way Bill shall be generated by the principal irrespective of the value of the Consignment.

Applicability of GST on Directors Remuneration

Kartik Jain 22 July 2020 at 18:22

Applicability of GST on Directors Remuneration

FAQs on GSTR-4 Form (Annual Return)

CA.KIRANKUMAR R N 22 July 2020 at 10:02

orm GSTR-4 (Annual) is annual return which all Composition Taxpayers are required to file a return on annual basis after the end of the Financial Year which was rolled out from 01-04-2019.

Taxability of service provided to foreign client of principal located in India

Pradeep Jain 21 July 2020 at 09:28

For export of service, the provider should be in India and recipient outside India. But when they have clearly said that recipient is Indian company then it is clear that it will not be termed as export of service.

Time of supply of Goods & Services

Jasmeen Marwah 21 July 2020 at 09:27

Time of supply means that time at which we consider our goods/services to be supplied. Once goods/services are considered supply GST shall be charged on them. Time of supply means date on which our liability arises to pay GST.

How will sanitizers disinfect the germs of confusion under GST?

CA Umesh Sharma 21 July 2020 at 09:26

As we all are fighting with the coronavirus, and alcohol-based hand sanitizers being a major weapon in this war, there is still confusion on GST rate to be charged on the same. The manufactures and GST officers are having an argument, whether it should be charged at 12% or 18%.