GST Articles

ITC on expenditures incurred on public welfare due to COVID-19

Posted by CA Shubham Kumar 08 June 2020 2367 Views

As per the above ruling, ITC would not be available on CSR activities but as per our understanding, ITC should be available in such a transaction. If masks, sanitizers purchased and used for employees during office hours.

What is self invoicing under GST?

Posted by Jasmeen Marwah 08 June 2020 19104 Views

All the registered person who is covered under section 9(4) of CGST Act, i.e. all registered person paying taxes under reverse charge shall issue a consolidated invoice at the end of every month, where the aggregate value of such supplies exceeds Rs 5000 in a day from any all suppliers.

Apportionment of Credit and Blocked Credit

Posted by Jigar Rajendrabhai Mansatta 08 June 2020 3561 Views

If the input tax as is attributable to the ITC restricted to taxable supplies Section 17(2) says that where the goods and/or services are used by the registered taxable person partly for effecting taxable supplies including zero-rated supplies under this Act Or under the IGST Act.

Reverse Charge (RCM) on Renting of Motor Vehicle

Posted by robin garg 08 June 2020 10680 Views

RCM on rent of Motor Vehicle was notified w.e.f. 01/10/2019 through notification no. 22/2019 CGST(rate) dated 30-09-2019. Later due to some confusion amendments and clarifications are introduced on 31/12/2019 through Notification No. 29/2019- CGST(Rate) and Circular No. 130/2019.

Validity of the constitution of AAR and AAAR?

Posted by Pradeep Jain 08 June 2020 3672 Views

The final verdict of the Hon'ble Rajasthan High Court is yet to come but if the constitution of AAR and AAAR is declared as arbitrary and unconstitutional, then the fate of numerous decisions rendered till date and their binding nature would be a big question that would remain unanswered.