GST Articles

Exemption on renting of residential dwelling under GST

Posted by CA Monika Motta 02 November 2019 20288 Views

Introduction: Sl. No.66 of exemption notification No.12/2017-Central Tax (rate) dated 28.06.2017 provides an exemption in case of renting of a residential dwell...

GST Compliance calendar for the month of Nov 2019

Posted by Bimal Jain 01 November 2019 11827 Views

Compliance Calendar for the month of November 2019

GST exemption on the upfront amount payable in installments for long term lease of plots

Posted by Rohit Kumar Singh 30 October 2019 7731 Views

Update Category GST exemption on the upfront amount payable in installments for long term lease of plots Update Source Not...

Advance Ruling for ITC on inward supplies of goods & services given as gifts

Posted by Kusum Gandhi 29 October 2019 19783 Views

Case Law Details Legal Name of Applicant Surfa Coats (India) Pvt. Ltd Details of Application GST-ARA, Application No. KAR AD...

Debit Note in GST vs Accounts

Posted by CA Arun Chhajer 29 October 2019 38020 Views

DEBIT NOTEMeaningIn Accounts ,Debit Note can be raised either by Supplier or by Recipient. However as per Section 34 of CGST Act 2017, Debit Note can only be is...

GST Audit - How to Reconcile GSTR 3B and GSTR 1

Posted by Mudit Goyal 29 October 2019 18651 Views

How to map GSTR 1 vs GSTR 3B GSTR-1, filed by the supplier, contains invoice-wise and category-wise details of all outward supplies made in a year GSTR-3B is t...

Changes in taxation of Works contracts service under Real Estate

Posted by CA Umesh Sharma 27 October 2019 8995 Views

Arjuna(Fictional Character) : Krishna, some changes have been made in relation to works contract, please tell something about it.

Utilization of ITC: Practical Scenarios

Posted by Padmanathan Kv 27 October 2019 6165 Views

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

Posted by Padmanathan Kv 26 October 2019 13651 Views

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...