GST Articles

Suvidha in Income Tax, Duvidha in GST

CA Umesh Sharma 23 September 2019 at 16:45

Seeing the changes made in Income Tax, same were expected in GST. But only law and procedure-related changes were recommended. Also, GST rates related to supply of goods and services were proposed to change.

GST and Income Tax Implications for YouTubers

CA VARUN SHARMA 23 September 2019 at 11:02

Many YouTubers are individuals and freelancers who earn by making videos on YouTube. When one earns from YouTube it is subject to tax under both GST and Income Tax.

Claim ITC and rectify errors for transactions disclosed in GST Returns pertaining to the FY 2018-19

Rohit Kumar Singh 23 September 2019 at 11:02

Taxpayers under regular category are filing GSTR 1 and GSTR 3B to report their transactions. GSTR 1 is for reporting of details of outward supplies including amendments if any and GSTR 3B is for reporting summary transactions for payment of taxes and claiming ITC.

Key highlights from 37th GST Council Meeting

CA Shubham Kumar 23 September 2019 at 11:02

The 37th GST Council meeting took place on 20th September 2019 at GOA. In this meeting, the council took following decisions relating to changes in GST rates, ITC eligibility criteria, exemption and clarification on connected issues. Further, the council has been proposed to changes in some procedural aspects under GST.

Major GST council decisions in meeting held on 20th Sep'19

CA Ashish Garg 23 September 2019 at 10:11

GST RATES (PRESS RELEASE DATED 20TH SEP, 19) Hospitality and tourism: 1. To reduce the rate of GST on hotel accommodation service as below: - ..

Changes proposed in 37th GST Council Meeting held on 20th September 2019

Rohit Kumar Singh 21 September 2019 at 12:50

The GST Council in its 37th meeting held on 20th September 2019 at Goa discussed and approved: (i) Some policy recommendations; (ii) certain amendments in the GST Law; (iii) reduction in GST rates for certain category of goods and services; and (iv) clarifications on GST rates for existing goods or services