GST Articles

Capping of ITC not reflected in GSTR-2A up to 20%: Analysis

Posted by Padmanathan Kv 11 October 2019 28836 Views

The central government vide Notification no 49/2019 central tax dated 9/10/2019 has made amendments to CGST Rules, 2017.

Latest changes in CGST Rules

Posted by Kusum Gandhi 11 October 2019 11669 Views

As per Notification no. 49/2019 Central Tax dated 09.10.2019 changes in CGST Rules have been made.

ITC credit limited to 20% if not reflected in GSTR 2A says new notification

Posted by Bimal Jain 11 October 2019 24618 Views

Capping of 20% ITC w.r.t invoices/debit-notes not uploaded by supplier in GSTR-1

Type of Refunds and Time period to Apply in GST

Posted by CA Robin Garg 10 October 2019 13929 Views

Know about all the refunds that can be claimed under GST and the time limit to claim the same.

ITC on immovable plant and machinery

Posted by Madhukar N Hiregange 10 October 2019 25214 Views

The capital goods credit in GST is allowed u/s 16(1). However, those that are immovable see some restriction u/s 17(5)(c,d). In this article we examine what cou...

Tax Relief curtailed for amount in arrears in SVLDRS - Circular issued adding ambiguity

Posted by Bimal Jain 09 October 2019 4859 Views

The Government announced the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 ("SVLDRS, 2019" or "the Scheme") as a part of the recent Union Budget on...

Nuances of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019

Posted by CA Dhruva Kalamanji 09 October 2019 6146 Views

An amnesty scheme as anticipated at the time of rolling of GST Act has come now! Sabka Vishwas (Legacy Disputes Resolution) Scheme, 2019. SVLDRS.

Solution to problems in refund of IGST on export of goods

Posted by Sagar Gambhir 09 October 2019 14579 Views

Timely refund mechanism is most essential in tax administration. The provisions pertaining to refund contained in the GST law aim to streamline and standardize the refund procedures under GST regime.

Things to consider for smooth GST Compliance

Posted by Rohit Kumar Singh 09 October 2019 11792 Views

Update Category Important Things to consider by businesses and professionals for smooth GST Compliance Update Source GST ...

New GST Rate Structure for real estate projects

Posted by CA Shail Thakkar 08 October 2019 8637 Views

First of all we have to understand important Definition of important TermsReal estate project(REP) means Development of a building or a building consisting of ...