GST Articles

ITC in respect of Motor Vehicles

CA Suresh Jain 31 March 2020 at 10:46

Provisions related to ITC in respect of Motor Vehicles, other Conveyance, and repairs and maintenance thereof. The article contains the newly amended provisions regarding ITC on Motor Vehicles.

Impact of GST on advances/security deposits

FCS Deepak Pratap Singh 30 March 2020 at 11:16

Know the provisions of GST on advances/security deposit et, and how advances and considerations are treated under GST.

An overview of e-invoicing

CA Anita Bhadra 30 March 2020 at 11:11

The e-invoicing system was introduced in Jan 2020. The system of e-invoicing helps generate B2B invoices on a voluntary basis. E-Invoice is a standard format of the invoice recommended by the GSTN.

An Insight into E-Invoice System

CA Amit Harkhani 25 March 2020 at 10:28

A) Background:- 1) The GST Council, at its 37th meeting held at Goa on 20th September, 2019 approved the introduction of E Invoicing System. Accordingly t..

COVID-19: Highlights of changes announced by FM

Rohit Kumar Singh 25 March 2020 at 10:28

COVID-19: Highlights of changes announced by FM. The Finance Minister announced various extensions of the statutory due dates and relaxation was also given to the taxpayers in the form of reduced interest rates.

FAQs on Composition Scheme

Suhasini 18 March 2020 at 10:38

FAQs on Composition Scheme, Advisory on Opting-in Composition Scheme for 2020-21 by filing FORM GST CMP-02. How to opt-in Composition Scheme

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

CA Venkatprasad Pasupuleti 18 March 2020 at 10:19

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 Return : New GST Return System

Kunal Budhraja 17 March 2020 at 16:54

The New GST Return System which was to be implemented from the 1st of April 2020 has now been deferred till September 2020 by the GST Council in it's 39th meeting. This article presents a brief overview of the New GST Return Filing System.