GST Articles

Understanding 'Aggregate Turnover' in GST

Posted by Madhukar N Hiregange 12 July 2018 23368 Views

GST is a new evolving law applicable to all types of business - trade manufacture or service. It could also apply to those who ar

GST Charcha: Consultancy and support services aren't composite supply in GST

Posted by Bimal Jain 11 July 2018 4142 Views

Facts of the case: M/s Five Star Shipping (�the Applicant� or �FSS�) is a partnership firm providing Marine Consultancy Services (&ldquo

How to rectify the mistakes in sales invoices in GST Return?

Posted by CA Umesh Sharma 09 July 2018 22384 Views

Arjuna (Fictional Character): Krishna, Is there any option to rectify the mistakes made in GST retu

Simplifying GST

Posted by CA Pallav Singhania 09 July 2018 8680 Views

What is GST?Goods and Service Tax (popularly known as GST) is an Indirect Tax which has subsumed various Indirect such as excise duty, service tax, VAT etc. GST...

GST implementation finally turns tasty !!

Posted by Swati Kharkia 09 July 2018 3501 Views

After completing one year of GST, I am reminded of the famous proverb "Rome was not built in a day". Although I did not have an impressive view on the

GST Charcha - Know Your Taxable Jurisdiction

Posted by Bimal Jain 06 July 2018 14088 Views

Introduction: -Greetings to everyone on occasion of completing one-year of GST on 1st July. With the advent of GST regime, we have seen lots of Ups and Downs on...

ITC-04 & E-way bill with special emphasis on textile sector

Posted by LOKESH BOTHRA 06 July 2018 16520 Views

Textile plays a major role in Indian economy:- (i)It contributes 14% to Industrial Production and 4% to GDP.(ii)With over 45 million the industry is one of larg...

Treatment of Gifts & Donations under GST

Posted by CA Amrita Chattopadhyay 05 July 2018 27685 Views

The taxability and availability of Input Tax Credit on Gifts and donations have always been a matter of discussion and confusion. With the implementation of GST...

The GST Experience by FM Arun Jaitley

Posted by Guest 02 July 2018 10870 Views

It has been one year since the country�s switchover to a new indirect taxation system - the Good and Services Tax. One single tax replaced seventeen taxes

One Year of GST implementation: Two sides of the coin

Posted by CCI Team 30 June 2018 20596 Views

Beware! You might be able to understand only 72% of this, 28% goes out on account of GST!On midnight of 1st July 2018, the biggest indirect taxation reform in t...