GST Articles

The never ending story of GST transitional credit

Pradeep Jain 18 July 2020 at 14:59

The dispute regarding transitional credit in the GST regime has not resolved even after 3 years of the implementation of GST and God knows when this story would end

Value of Taxable Supply under GST

CA Amit Harkhani 17 July 2020 at 11:28

The value of a taxable supply of goods or services or both shall be the "TRANSACTION VALUE". Transaction Value is a combination of three elements.

Non-Applicability of GST on Membership Subscription and Admission fee

Dilip K Raina 15 July 2020 at 10:07

The amount collected as membership subscription and admission fee from members is not liable to GST as a supply of services

GST on Director Remuneration

CA Amit Harkhani 14 July 2020 at 12:36

Directors who are not the employees of the said company, the services provided by them to the Company, in lieu of remuneration as the consideration for the said services, are clearly outside the scope of Schedule III of the CGST Act and are therefore taxable.

GST Implications on gifts and free samples

CA Pratik Patel 14 July 2020 at 10:54

Know GST implications on the supply of Gifts, free samples, and buy one, get one free supplies.

No ITC on project development services for immovable property construction

Pradeep Jain 13 July 2020 at 14:31

Construction services/works contract have always faced the wrath of lawmakers as far as credit is concerned under CENVAT rules. The same plight continues under ..

All about Form GST-PMT-09

Pratik shah 13 July 2020 at 09:34

Form GST PMT-09 enables any registered taxpayer to perform intra-head or inter-head transfer of amount as available in Electronic Cash Ledger. Thus, a registered taxpayer can now file Form GST PMT-09 for transfer of any amount of tax, interest, penalty, fee or others, under one (major or minor) head to another (major or minor) head, as available in the Electronic Cash Ledger.