The value of supply of goods and services is determined by Section 15 of the Central Goods and Services Tax (�CGST Act�) in GST regime. However, for
The GST Council has made great efforts to win hearts of the small taxpayers in this 32nd meeting. This can be rightfully called as "Meeting for Small Taxpa
GST Council in the 32nd meeting held on 10th January, 2019 at New Delhi took following decisions to give relief to MSME (including small traders), and took foll...
The 32nd GST Council Meeting was held today at New Delhi. As always, there were give speculations and expectations in the industry from the FM Arun Jaitley that...
Refund of accumulated ITC of compensation cessBackground:The entities whose procurements attract compensation cess but there is no compensation cess levy on fin...
Summary of recent Notifications and Circulars Based on the recommendations of the GST Council in its 31st meeting held on 22nd
New Year resolutions of GST?
Persons not liable to obtain gst registration:(sec23 of cgst act)Before discussing the provisions of sec 23 of cgst act we have to discuss sec 22Sec22 says that...
The taxable event in GST is �supply� of goods or services or both. So a transaction to become taxable it must covers within the meaning & scope
SEC52 OF CGST ACT TCS provisions has been made effective from 01.10.2018TCS refers to the tax collected by electronic commerce operato