GST Articles

Refund Process under GST Regime

Posted by manish kumar 01 May 2021 23791 Views

In this article, we will come to know refund process in GST scenario. There are several common question on refund under GST we try to cover them.

GST Implication on Lease & Sale of Motor vehicles

Posted by CA Amit Harkhani 29 April 2021 8787 Views

GST is applicable only if transactions constitute the supply. If there is no supply, no GST will be charged. Let us understand the GST implication on lease and sale of motor vehicles.

Extension of Income Tax and GST Due Dates amid Second Wave of COVID-19 - Need of the hour?

Posted by CA Sapna Ghelani 29 April 2021 39168 Views

Keeping in view this situation, many Chartered Accountants and Professionals have appealed to the Government to extend the Return filing and tax compliances dates for the month of April-2021.

Slump sale under GST

Posted by CA Amit Harkhani 29 April 2021 10307 Views

Slump-Sale is the sale of an undertaking as a going concern for a single consideration. In this article, we will discuss the implication of tax in slump-sale as far as GST is concerned.

Interest on Net Tax Liability under GST - Retrospective amendment & its consequences

Posted by CA Venkatprasad Pasupuleti 28 April 2021 9170 Views

The tax laws are no exception to this rule. GST law provides for interest @18% on the delayed remittance of the tax after due date.

GST PMT - 09 and filing GSTR-3B

Posted by Rohit Kumar Singh 27 April 2021 4499 Views

Recently GSTN portal has rolled out certain changes on GSTN portal for taxpayers. Important changes being Facility for filing GST PMT - 09 and Facility for filing GSTR 3B Return

How to file PMT-09 on GST Portal

Posted by Shashank kothiyal 27 April 2021 18926 Views

Form PMT-09 allows the transfer of an amount from one head to another head. PMT-09 enables a registered taxpayer to transfer any amount of tax, interest, penalty, etc. that is available in the electronic cash ledger, to the appropriate tax or cess head under IGST, CGST and SGST in the electronic cash ledger.

Normal, Sahaj and Sugam - The all new GST return forms

Posted by Guest 27 April 2021 14920 Views

The proposed GST returns Normal, Sugam and Sahaj have been released by the CBIC. Assessees with a turnover of up to Rs. 5 crores will have an option to choose

Migration to GST - Existing users

Posted by Varsha singh 27 April 2021 12662 Views

Step wise guide with screenshots for migrating to GST registration

GST Compensation to States: The Corona Effect

Posted by MONISH BHALLA 27 April 2021 1864 Views

The Central government reportedly owes around Rs 30,000-34,000 crore to states as the GST compensation for December 2019 and January 2020. The compensation for December-January was supposed to be released by the second week of February. Many attribute the delay to the Centre's fund crunch due to the economic slowdown.