GST Articles

Buyer cannot be punished 1st for default of the seller under GST

Posted by CA Umesh Sharma 06 May 2021 11131 Views

Madras HC has recently given some relief to the recipient of goods from the reversal of ITC when no action was taken by the GST department against the defaulting Seller who has not paid the tax collected from the recipient.

Summary of Relief Measures announced in GST Compliances on 01st May 2021

Posted by Tax Ninja 03 May 2021 1723 Views

Amidst the COVID19 pandemic and the lockdown already in force in most parts of the country, CBIC has issued various notifications to provide relief to the taxpayers for various GST compliances.

Relaxation in GST for various compliances (Notification No 8 to 14/2021 CT dated 1st May 2021)

Posted by CA Arun Chhajer 03 May 2021 2890 Views

Summarized Chart for all relaxations given by the Central Board of Indirect Taxes on various compliances under the GST law, via Notifications issued on 1st May 2021.

GST Compliance relief pursuant to 2nd Wave of Covid-19

Posted by Rohit Kumar Singh 03 May 2021 1789 Views

CBIC has issued notifications under the GST Law to implement certain relief measures in view of the outbreak of the 2nd Wave of Covid-19 and lockdown in various States.

Tax Deduction at Source (TDS) under GST

Posted by Track My Invoices 02 May 2021 61599 Views

Tax Deduction at Source is a system, in which as soon as you earn you have to pay certain percentage of the amount being deducted by the recipient at the time o...

Basics of GST

Posted by CA Gagandeep Singh Kochar 01 May 2021 37845 Views

What is GST"Goods and Services Tax" would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments.GST is a tax that we need to

Time of supply under GST explained!

Posted by CA Ritesh 01 May 2021 7757 Views

Provided that the date of receipt of payment shall be the date of credit in the bank account when such credit in the bank account is after four working days from the date of change in the effective rate of tax.

Scope of Principal-Agent relationship in the context of Schedule I under CGST Act

Posted by Krishna 01 May 2021 3246 Views

Before discussing this first we need to discuss the definition of supply Supply is defined in sec7 of CGST act Supply includes all forms of supply of goods or

Reverse Charge Under GST regime

Posted by Arti Agarwal 01 May 2021 31729 Views

Generally, the supplier of goods or services is liable to pay GST. However, in specified cases like imports and other notified supplies, the liability may be ca...

FAQs on Registration process under GST

Posted by CA Ankit Jain 01 May 2021 15428 Views

REGISTRATIONQ.1 what is the time limit for Registration under Model GST Law?Every person who is liable to be registered under Schedule V of this Act shall apply...