GST Articles

Update on foreign trade policy 2015-20

Pradeep Jain 13 April 2020 at 11:02

The Central Govt. has made following changes, with immediate effect in respect of Foreign Trade Policy 2015-20 vide notification no. 57/2015-2020 dated 31st Mar..

Is GST payable under RCM on Director's Remuneration or not?

CA Umesh Sharma 13 April 2020 at 11:02

Is GST payable under RCM on Director's Remuneration or not? The Director's remuneration in case of employee director does not fall under the purview of supply itself, and hence, RCM provisions are not applicable to it.

Composite and Mixed Supply under GST

CA Sudhir Halakhandi 10 April 2020 at 13:55

Composite Supply and Mixed Supply differ from one another. Composite supply means the supply of two or more goods naturally bundled together. Mixed supply means two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other.

GST on Directors Remuneration

Rohit Kumar Singh 10 April 2020 at 10:37

There is no need to pay GST on remuneration paid to directors. If the director and the Company have entered into an agreement/Contract and the director is engaged in full-time employment of the Company. an advance ruling is not applicable to similarly placed other taxable persons in the State. It is only limited to the person who has applied for an advance ruling.

Vouchers: Concept and GST implications thereon with Practical Case Studies

Shivashish 10 April 2020 at 10:36

Vouchers: Concept and GST implications thereon with Practical Case Studies

COVID-19: GST on Hotel accommodation turned into isolation wards?

CA Sudhir Halakhandi 09 April 2020 at 11:25

Interview with GST Expert CA(Dr.) Arpit Haldia

GST Update on Demerger of organisation

Pradeep Jain 09 April 2020 at 11:25

On 14th March 2020, council meeting was held wherein few decisions were taken and few were postponed. In this update we shall discuss one of the decisions taken with regard to the procedure in case of sale, merger, de merger of business

Date of liability w.r.t to JDA entered in pre-GST regime

CA Monika Motta 09 April 2020 at 11:25

JDA is an agreement entered between the landowner and the developer wherein the landowner would provide the right to the developer to develop the land, in return for the construction services to be provided by the developer.

The validity of Section 16(4) of the CGST Act

CA. CS. Abhay Sharma 09 April 2020 at 11:02

Under GST, there are many restrictions on availing of the input tax credit. One such limitation is present by the way of section 16(4)limiting the date of claiming the input tax credit to the due date filing of the return for September or date of filing of annual return whichever is earlier.