GST Articles

Determination of Inter and Intra State Supplies

Udaya Chandran 26 February 2018 at 11:13

As per Section 5 of IGST Act, Integrated Goods and Service Tax (IGST) will be levied on all inter-state supplies of goods or services or both.As per Section 9 o..

When a person cannot claim ITC under GST

RAHUL PANDEY 22 February 2018 at 11:20

1) Person not registered :If a person is not registered under GST , he can not claim Input Tax Credit.2) If Supplies not used by Registered person in his busine..

GST on cryptocurrency transactions

Member (Account Deleted) 21 February 2018 at 11:18

Introduction:The objective of this article is to keep it short and sweet. This is solely based on my understanding of GST legislations. If you differ with me fo..

Implication under GST on designs provided by customer to a manufacturer

CA Haritha Komma 21 February 2018 at 11:18

Introduction:'Customer is King' is the most popular policy followed by most of the corporate to sustain in the market & also to increase their m

FAQs on Refund under GST

RITI GOYAL 21 February 2018 at 11:18

What is the procedure for applying refund of GST interest?Refund of any tax, interest if any paid on such tax; unutilised input tax credit has to be applied onl..

Input tax credit reversal for capital goods

CA Pradeep Kumar Rajput 19 February 2018 at 11:27

Like input tax credit reversal on input and input service, there is a requirement to reverse the Input Tax Credit taken on the capital goods.ITC reversal on cap..

All you need to know about Advance Ruling under GST

CA Mayank Khatri 16 February 2018 at 11:00

Advance Ruling means a decision provided by the Authority or the Appellate Authority to an applicant on matters or on questions spe

Returns under composition scheme have new surprises

Guest 15 February 2018 at 12:47

Returns under composition scheme have new surprises. Let us unlock these surprises here for you :It was no less than a shocker when a representative from the GS..

No Cenvat credit admissible on outward transportation services

Bimal Jain 15 February 2018 at 10:59

We are sharing with you an important judgement of the Hon'ble Supreme Court of India in the case of Commissioner of Central Excise & Service Tax Vs. U

GST Input Tax Credit reversal - A difficult nut to crack

CA Pradeep Kumar Rajput 13 February 2018 at 11:19

Rule 42 of the Central Goods and Service Tax Rules, 2017 determines the manner for the calculation of ITC on input and input service to be reversed.To understan..