GST Articles

Method of Accounting of GST including Reverse Charge Transactions

Sundararajan S 20 June 2018 at 11:05

METHOD OF ACCOUNTING OF GSTGST is levied on the value addition made to the goods and services as it passes on from manufacturer/service provider to the ultimate..

GST: Advance Rulings

PRABHAKAR KS 18 June 2018 at 11:02

Advance Ruling means the determination of a question of law or question of fact with respect to duty or tax payable in relation to an activity which is proposed..

One year completion of GST is near

Kalpesh 18 June 2018 at 11:01

GST, the biggest Tax reform, is all set to celebrate its first birthday on 01st July, 2018. The birth of this biggest Tax Reform attracted more criticism than p..

Multi-vehicle option for eWay bill

CA Mayur Todmal 14 June 2018 at 10:53

Multi-Vehicle Option for e-Way bill has been introduced wherein the consignment of one e-way bill has to be moved in multiple vehicles,

New form of MVAT Audit report and GST Issues

CA Umesh Sharma 12 June 2018 at 10:41

New form of MVAT Audit report and GST Issues Arjun (Fictional Character): Krishna, New Report of MVAT report has been released. Who are liable to get books of a..

GST on free supplies by customers

CA Venkatprasad Pasupuleti 11 June 2018 at 10:59

Introduction:It is common practice prevailing in many industries that certain materials

Why does Government want to reform the Advance Ruling Mechanism under GST?

Ravi Kumar 09 June 2018 at 11:11

The Goods and Service Tax is to be sure a standout amongst the most disentangling and ergonomic changes in the domain of indirect taxation in India that has fa..

Where to enter Exempted Supply in GSTR-4?

Soumya Laha 08 June 2018 at 10:43

There is no doubt that Composition Taxpayers need to file GSTR-4 quarterly and they need to furnish the details of Inward supplies (Purchases) and Outward suppl..

Eligibility and conditions for taking ITC under GST

SAGAR MALHOTRA 08 June 2018 at 10:42

IntroductionIn this article, we are going to discuss the eligibility criteria for availing the input tax credit (ITC) and the conditions which are required to b..

Draft Reply - Notice for difference in GST Input Credit

Madhukar N Hiregange 07 June 2018 at 11:01

The spate of notices on difference between GSTR 3B and 2B some of them allowing only 3 days time to reply mainly by the State GST officers in some States of