1)Time of supply: Time of supply is earliest of following: a)At the time of receipt or payment;Or b)At the tim
Recently, a major breakthrough in the GST has come across which is surprisingly good news for the MSME sector.The GST department has decided to increase the exe..
On 31st December 2018, CBIC has issued multiple circulars to clarify various issues. Besides, CBIC also issued various notifications and orders to give effect t..
Arjun (Fictional Character): Krishna, The festival of Makar Sankranti has arrived. On occasion of the
In exercise of the powers conferred by sub-section (3) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the
The GST Council has made great efforts to win hearts of the small taxpayers in this 32nd meeting. This can be rightfully called as "Meeting for Small Taxpa
The value of supply of goods and services is determined by Section 15 of the Central Goods and Services Tax (�CGST Act�) in GST regime. However, for
In the 32nd GST Council meeting, held on January 10, 2019, the council proposed various relief for MSME sector such as widening the scope of composition scheme,..
GST Council in the 32nd meeting held on 10th January, 2019 at New Delhi took following decisions to give relief to MSME (including small traders), and took foll..
The 32nd GST Council Meeting was held today at New Delhi. As always, there were give speculations and expectations in the industry from the FM Arun Jaitley that..