GST Articles

Interview with GST expert Advocate Jatin Harjai

Posted by CA Sudhir Halakhandi 15 April 2020 2821 Views

The outbreak of COVID-19 and the compulsion to stay at home is tough but at the same time it is bringing out the creativity in everyone. CA Sudhir Hakalkhandi has started with a series called "Know your GST Expert".

Interview with GST Expert CA Bimal Jain

Posted by CA Sudhir Halakhandi 15 April 2020 3185 Views

In the outbreak of COVID-19 CA Sudhir Halakhandi has started with an initiative called Know your GST Expert. What a wonderful initiative to keep people updated in this time of crisis. In the third interview in these series, Mr. Halakhandi is in a discussion with CA Bimal Jain.

What is E-way Bill?

Posted by Vaishali Dhek 15 April 2020 2921 Views

E-way Bill is a document mandated by Section 68 of the GST Act for the movement of goods of value exceeding Rs 50000. E-way bill can be generated on the E-way Bill Portal.

Decision making tool for Export with Payment of IGST or under LUT/Bond

Posted by CA Suresh Jain 15 April 2020 3062 Views

The section 16 (3) reiterated below grants two options to the exporters of Goods or Services or both (a) to export goods or services under Letter of Undertaking (LUT)/Bond and claim refund of Input Credit.

6 GST Issues clarified by CBIC

Posted by Kusum Gandhi 15 April 2020 2460 Views

CBIC clarifies the issues in order to ensure uniformity in the implementation of the provisions of the law across the field formations through Circular No. 137/07/2020-GST dt 13.04.2020

Decoding GST on remuneration paid to directors

Posted by Anirban Sinha 15 April 2020 2214 Views

Taxability on remuneration paid to the Directors

GST Classification of Ayurvedic Beauty and Make-up Preparations

Posted by Deepali Mishra 13 April 2020 7117 Views

GST Classification of Ayurvedic Beauty and Make-up Preparations. The rate of tax of products covered under the head of Medicaments is 12%, the same product when seen with the eyes of cosmetics corresponds to 18% and even 28% in certain cases.

E-way Bill rules: Vehicle detention and confiscation procedures

Posted by Hemant Kumar Gupta 13 April 2020 3424 Views

Vehicle without e-way bills can be confiscated. Section 68 of the CGST Act, 2017 read with Section 129 of CGST Act, 2017 read with Rule 138B of CGST Rules, 2017 gives the right to the respective officer to intercept the vehicle and check the documents relating to goods being carried in the vehicle.

Update on foreign trade policy 2015-20

Posted by Pradeep Jain 13 April 2020 1521 Views

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?

Posted by CA Umesh Sharma 13 April 2020 3121 Views

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.