GST Articles

GST - Impact of Clarifications Issued on GSTR-9 & 9C

Posted by CA Nikhil Jhanwar 12 October 2020 16616 Views

Ministry of Finance issued a Press Release on 9th Oct, 20 issuing certain clarifications while filing GSTR-9 & 9C for F.Y. 2018-19. Let us understand the impact of those clarifications.

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

Posted by CA Suresh Jain 12 October 2020 3081 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 12 October 2020 2462 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 12 October 2020 2219 Views

Taxability on remuneration paid to the Directors

Update on foreign trade policy 2015-20

Posted by Pradeep Jain 10 October 2020 1526 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...

Facing issue regarding ITC details in GSTR 9 - Practical Question with Worksheet of Calculation

Posted by Sagar Gambhir 09 October 2020 12869 Views

Due Date for filing GSTR-9 i.e. 30/06/2019 is approaching very soon. There is lot of confusion in the minds of Taxpayers & Tax Professionals about the follo

Comments on Recommendations of 42nd GST Council meeting

Posted by Lekhraj sood 09 October 2020 5591 Views

The 42nd GST Council Meeting was held on 5th October 2020. Let us discuss some of the recommendations made by the council

Confusion around GST annual return and tax audits

Posted by CA shanky pahoja 09 October 2020 4748 Views

As we know that the due date of GST Annual return GSTR 9 is approaching, there is sense of confusion around. I spoke to some professional and there are of opini...

FAQ on GST for real estate sector

Posted by Guest 07 October 2020 9179 Views

F. No. 354/32/2019-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax Research Unit)Dated the 7th May, 2019, New DelhiSubject: FAQs on real esta...