GST Articles
GST on Real Estate: Reversal of Input Tax Credit
With the series of changes that have been made effective from 1st April, 2019 the effective tax rates has come down from 12% and 8% to 5% and 1% in the case of ...
GST rate for Real-Estate Projects w.e.f 1st April 2019
In the GST Council meeting held on February 24, 2019, the decision was made to cut tax on real estate projects to 5 per cent, from 12 per cent. It was also deci...
Development rights and its taxability under GST
TRANSFER OF LAND AND ITS DEVELOPMENTS RIGHTS UNDER GST REGIMEWe generally consider land as an immovable property, it is a part of surface of Earth not covered b...
GST Advantages for Startups and Small Businesses
GST was rolled out in India to change the circuitous tax assessment framework. Further, GST was introduced with a slogan of One Nation One Tax to ease the comp...
Steps of Filing GST Audit Report in form GSTR 9C
TaxMarvel - GST Updates - Filing of GST Audit Report in FORM GSTR 9C - Process and Steps
New RCM for Promoter of Residential Real Estate Project
In case promoter of residential real estate project is paying GST at 5% or 1%.Then 80% of value of inputs and input services other than Services by way of gran
FAQs of GSTR-9C Offline Utility
1. What is Form GSTR-9C?Form GSTR-9C is a reconciliation statement, duly verified and signed by Chartered Accountant/ Cost Accountant, and required to be furnis...
FAQ on Form GSTR 9
FAQs > About Form GSTR-9 1. What is Form GSTR-9?Form GSTR-9 is an annual return to be filed once, for each financial year, by the registered taxpayers who w
GST on Transferable Development Right (TDR) in real estate
In the earlier article, we saw the basics of the new tax rates applicable to the real estate service and some terms like RREP/REP etc. Now let�s move onto
Landmark Judgement on Works Contract in GST
The Goods and Service Tax Act, 2017 (GST) is the most ambitious, stronger and best decision of recent government. Through GST Legislation, we have sub-merge 17 ...
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