GST Articles

Import of Goods under GST

CA Robin Garg 01 June 2020 at 10:54

Transaction of import of goods is not covered by section 7 of CGST act, 2017 which is scope of supply hence Import of Goods transaction is not a supply transaction hence not chargeable to GST under GST act.

Applicability of GST on Hotel Services

Safder Alam 30 May 2020 at 10:06

GST on Hotel Services is charged on the amount payable or actual amount charged (transaction value)and not on the declared tariff value.

A Quick Overview of recent rulings under GST

CA Nikhil Jhanwar 29 May 2020 at 10:07

Various rulings and judgments have been announced under GST. Here is a brief overview of the same.

Import of Services under GST - Taxability and Exemption

CA Robin Garg 28 May 2020 at 10:01

Import of Services under GST - Taxability and Exemption

Pros and Cons of exports with or without payment of Tax

Pradeep Jain 27 May 2020 at 10:56

Know the pros and cons of exporting under LUT and with payment of tax. This update will surely help all the taxpayers in deciding what would be more advantageous taking into consideration the factors like refund sanctioning, compliance requirements etc.

Legal compliance for business through E-commerce Operator (ECO)

MOHIT JAIN 27 May 2020 at 10:10

In this article, we would highlight the important aspects under the Goods & Service Tax Act, 2017 (GST Legislation) and Income Tax Act, 1961, in connection with online sale through ECO.

Issues of GST ITC in Lockdown of Business

CA Umesh Sharma 26 May 2020 at 09:50

Is ITC eligible on expenses made for employee's health safety? The lockdown has promoted the Work from home Culture. Is ITC eligible for such expenses? Read what Krishna has reply to these queried posed by Arjuna

GST Implications on Gift and Business Promotional Expenditure

Safder Alam 26 May 2020 at 09:49

Person in Trade and Industries are in the fix regarding availability of Input Tax Credit(hereinafter referred to as "ITC") on certain type of Business promotion expenditure. Such expenditures are necessary to boost the sale of service. and before we proceed further let us look into certain sections/clauses/terms and conditions.

Calamity Cess on GST: A plan to tide over COVID Crisis

Anshu Gupta (CA-Final) 25 May 2020 at 17:20

There are powers granted under Article 279A(4)(f) of the constitution, the GST Council can levy a special tax during any natural calamity or disaster. In order to raise additional revenue from GST, central government was considering imposing a Calamity Cess on GST @ 1% to tide over the economic crisis.