GST Articles

Utilization of ITC: Practical Scenarios

Padmanathan Kv 30 April 2019 at 11:11

The CGST (Amendment) Act, 2018 has amended section 49(5) and inserted Section 49A and 49B which has drastically rationalized the utilization of ITC. This articl..

GST on Real Estate: Development Rights, long term lease and FSI

Padmanathan Kv 29 April 2019 at 11:06

With effect from 1st April 2019, CBIC vide a series of notification reduced the GST rates for real estate projects. Apart from various conditions to be fulfille..

GST procedure on return of time expired drugs or medicines

CA Purva Dhoot 29 April 2019 at 11:04

Whenever one buys any medicine or drugs, one never forgets to check its expiry date. Medicines and drugs have defined life term. They always come with an expiry..

Benefit of Lower GST rate for services of Works Contract

CA Ishu Mittal 26 April 2019 at 18:40

In case of composite supply of �works contract�* as defined in section 2(119) of CGST Act, 2017, other than(i) Construction of affordable residen

Enhancement in E-Way Bill and Restriction under Rule 138E of CST

Padmanathan Kv 26 April 2019 at 18:39

E-way bill is an Electronic bill for the movement of goods under GST which can be generated on the E-Way Bill portal. Recently some enhancements have been made ..

GST Updates - Non Filing of GST returns may restrict E-way Bill Generation (w.e.f 21st June, 2019)

Rohit Kumar Singh 26 April 2019 at 11:12

Update Category Non Filing of GST returns may restrict E-way Bill Generation (w.e.f 21st June, 2019) Update Source Notific..

Concessional GST rate for small service providers

Member (Account Deleted) 26 April 2019 at 11:10

Exemption from registration for person engaged in exclusive supply of goods [Notification No. 10/2019-Central Tax dated 7 March 2019] Any person who is exclu..

GST updates on ITC credit and revocation of order of cancellation of registration

Rohit Kumar Singh 25 April 2019 at 11:25

Update Category Manner of Utilisation of GST ITC and Process for revocation of order for cancellation of registration Update Sour..

Cases where e-way bill is not required

Shraddha kapoor 25 April 2019 at 11:24

E-Way Bill is a unique document/bill, which is electronically generated for the specific consignment/movement of goods from one place to another, either inter-..

5% GST on Composite Works Contract constituting predominantly earth work

Padmanathan Kv 24 April 2019 at 10:50

In December 2017, Central government vide notification 30/2017 Integrated Tax (rate) has provided a big relief to the works contractors making supplies to the G..