GST Articles
Taxability of legal service under GST
RCM is applicable to legal services provided to Business Entity. In case services are provided outside India, then RCM is not applicable as the Business Entity is located outside the taxable territory.
Validity of the constitution of AAR and AAAR?
The final verdict of the Hon'ble Rajasthan High Court is yet to come but if the constitution of AAR and AAAR is declared as arbitrary and unconstitutional, then the fate of numerous decisions rendered till date and their binding nature would be a big question that would remain unanswered.
Reverse Charge (RCM) on Renting of Motor Vehicle
RCM on rent of Motor Vehicle was notified w.e.f. 01/10/2019 through notification no. 22/2019 CGST(rate) dated 30-09-2019. Later due to some confusion amendments and clarifications are introduced on 31/12/2019 through Notification No. 29/2019- CGST(Rate) and Circular No. 130/2019.
Apportionment of Credit and Blocked Credit
If the input tax as is attributable to the ITC restricted to taxable supplies Section 17(2) says that where the goods and/or services are used by the registered taxable person partly for effecting taxable supplies including zero-rated supplies under this Act Or under the IGST Act.
ITC on expenditures incurred on public welfare due to COVID-19
As per the above ruling, ITC would not be available on CSR activities but as per our understanding, ITC should be available in such a transaction. If masks, sanitizers purchased and used for employees during office hours.
What is self invoicing under GST?
All the registered person who is covered under section 9(4) of CGST Act, i.e. all registered person paying taxes under reverse charge shall issue a consolidated invoice at the end of every month, where the aggregate value of such supplies exceeds Rs 5000 in a day from any all suppliers.
General GST Provisions for MSME Sector
Many decisions have been taken by the GST Council in its various meeting for the betterment and befit of MSME Sector.
Clarification regarding time limit for filing appeal before Appellate Tribunal
Clarification regarding time limit for filing appeal before Appellate Tribunal
Import of Goods under GST
Transaction of import of goods is not covered by section 7 of CGST act, 2017 which is scope of supply hence Import of Goods transaction is not a supply transaction hence not chargeable to GST under GST act.
Supply of car for demonstration- GST Implications
Know GST Implications, rates, Input Tax Credit on the supply of a car for demonstration.
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