GST Articles

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..

Ability to receive ITC hinges on your suppliers

Hardik Lashkari 13 February 2018 at 11:19

Registered taxpaying businesses, choose your suppliers carefully. Under Goods and Services Tax (GST), your ability to receive input tax credit (ITC) hinges on y..

Accounts & Records to be maintained by registered person in GST

DHARMESH BABUBHAI MISTRY 13 February 2018 at 11:15

Article related to Rules for Accounts and Records under CGST Rules 2017Rule 56. Maintenance of accounts by registered persons- (Rule (1) to (18) Rule 57. Genera..

E-Way Bill: The mechanism to administer movement of Goods

Shrijay Sheth 13 February 2018 at 11:14

The mechanism called e-Way Bill was brought introduced implementation of Goods and Service Tax Laws in India. In previous era, the mechanism called way bill was..

Audit Rules and Form under GST

DHARMESH BABUBHAI MISTRY 12 February 2018 at 10:43

Article related to Rule for conducting audit and its related FORM issued under GST Act 2017 Rule 101 Audit Rule 102 Special Audit Rule 101 Audit FORM GST ADT ..