GST Articles

Relaxation in due dates for filing GSTR and year end activities to be carried out before 30 Sep 2020

Posted by Manasa Reddy Bonam 18 August 2020 18068 Views

Know the various GST Returns to be filed on or before 30/09/2020 and the compliance to be fulfilled before 30/09/2020

GST Impact on Real Estate Industry

Posted by Manasa Reddy Bonam 18 August 2020 3501 Views

In the case of Residential House Property, the developer is liable to pay GST under Reverse Charge Mechanism. For units remaining unsold on Completion Certificate (CC) at the rate of 18%.

Sale of Scrap materials: Applicability of GST and TDS

Posted by CA S K MISHRA 17 August 2020 96297 Views

The term "Scrap" has not been defined any where in the GST Laws. As such one can derive its meaning as per normal business or commerce parlance.

GST Deadlines that end on 31st August 2020

Posted by CA Rahul Mittal 17 August 2020 4719 Views

Many GST compliance deadlines ended to 31st August, 2020. To avoid late fees and penalties, these due dates need to be remembered and file the returns. Let's see which deadline ends on 31st of August, 2020.

Steps to follow after obtaining GST Registration

Posted by CA Rahul Mittal 17 August 2020 2956 Views

If the turnover exceeds the threshold limit mentioned in the GST Act, then the person is mandatory to take GST registration. In some cases, people are mandatory to take GST registration like in case of the interstate supply of goods, reverse charge, selling on e-commerce portal, etc.

GSTR-4| Good news for composition dealers

Posted by CA Chanchal Jain 13 August 2020 12669 Views

The GST portal has come up with an offline utility of GSTR-4 (Annual Return) which has been made available for use since 06 August 2020.

GST Implications on Bad Debts

Posted by CA Amit Harkhani 12 August 2020 50336 Views

In this article we will discuss the GST Implication on Bad Debts. Bad debts are not allowed for the reduction in GST liability.

Concept of Tax Collected at Source(TCS) under GST

Posted by CA Santhosh Gupta Kethepalli 12 August 2020 10035 Views

TCS refers to the tax which is collected by the Electronic Commerce Operator when a supplier supplies some goods or services through its portal and the payment for that supply is collected by the Electronic Commerce Operator (ECO)

Can AAR orders be challenged before HC?

Posted by CA Shruti Singhal 11 August 2020 8304 Views

As per section 103 of the CGST Act, 2017, the orders of AAR and AAAR are binding on the applicant, unless there is a change in the law, facts or circumstances based on which original advance ruling has been pronounced.

Analysis of arrest provisions under GST

Posted by CA Sudhir Halakhandi 10 August 2020 3947 Views

69(1) Where the Commissioner has reasons to believe that a person has committed any offence specified in clause (a) or clause (b) or clause (c) or clause (d) of sub-section (1) of section 132 which is punishable under clause (i) or (ii) of sub-section (1), or sub- section (2) of the said section, he may, by order, authorise any officer of central tax to arrest such person.