GST Articles

Quick Summary on GST E-invoicing

CA Ravi jain 31 December 2019 at 10:18

E-invoicing is a system in which B2B invoices are authenticated electronically by GSTN for further use on the common GST portal. Under the proposed electronic invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal to be managed by the GST Network.

Accounting perspective of new GST input credit restriction rules

CMA Ramesh Krishnan 30 December 2019 at 10:12

The CBIC imposed the restriction on availment of input tax credit (ITC) under GST in respect of invoices or debit notes, the details of which not have been uploaded by the supplies under sub section (1) of section 37 of CGST act.

Latest Notifications as issued by CBIC on dt. 26.12.2019

Kusum Gandhi 30 December 2019 at 10:12

Latest Notifications as issued by CBIC on dt. 26.12.2019

Know truth about the E-Invoice through Myth vs Reality

Guest 28 December 2019 at 15:36

Know truth about the E-Invoice through 'Myth vs Reality'

Blocking of GST Credit and Restriction of ITC to 10% of GSTR 2A

Rohit Kumar Singh 28 December 2019 at 10:54

The GST Council in its 38th Meeting held on 18th December, 2019 at New Delhi decided to take certain measures to curb the issue of ITC being availed on fake invoices as well as fall in monthly GST revenue collection.

Problems in GST that needs to be solved

CA Sudhir Halakhandi 28 December 2019 at 10:54

RESPECTED GST LAW MAKERS- PLEASE LISTEN AND SOLVE

Standard Operating Procedure in case of non-furnishing of GST Returns

Rohit Kumar Singh 27 December 2019 at 10:17

Central Board of Indirect Taxes (CBIC) has recently released a Circular No 129/48/2019 � GST dated 24th December, 2019 detailing Standard Operating Procedures (SOP) to be followed by Tax Authorities in case of non-filing of returns.

New circular issued on issuance of UDIN

Kusum Gandhi 27 December 2019 at 10:17

CBIC issued an earlier circular on dt.05th November 2019 vide Circular No.122/41/2019-GST regarding the implementation of the decision for generation and quoting of DIN on specified documents. This was issued for transparency and accountability in indirect tax through the widespread use of information technology.

Job work under GST - An overview

CMA Ramesh Krishnan 27 December 2019 at 10:16

Job work sector is an integral part of manufacturing process and contributing significant role in the Indian manufacturing industry, by its nature and importance GST gives special attention on this sector and made some special provision related to Job work industry.