GST Articles

Use Friendly Model for GST- April 2018

Posted by Madhukar N Hiregange 19 April 2018 10037 Views

The thorny problem of simplifying the returns and taking the best out of the revenue model (comprehensively cover the parallel economy) to get maximum tax and...

Understanding the HSN code

Posted by PARAMESHWAR.J 18 April 2018 35375 Views

HSN or HS (Harmonized Commodity Description and Coding System) is a multipurpose international product nomenclature developed by the World Customs Organization ...

Clarification regarding procedure for recovery of arrears and reversal of inadmissible input tax credit

Posted by Bimal Jain 17 April 2018 7803 Views

The Central Board of Indirect Taxes and Customs, inter-alia, lays down procedure for recovery of central excise duty / service tax and CENVAT credit thereof ari...

Solution for the problem faced by Taxpayers while filing GSTR-1 due to open due date of GSTR-6

Posted by CA Mayank Wadhera 17 April 2018 6205 Views

Before explanation of the issue faced by taxpayers due to open due date of GSTR -6 and resolution let us go through the basic requirement of filings and meaning...

10 Major changes for GST composition dealer

Posted by CA Umesh Sharma 17 April 2018 9773 Views

10 Major changes for GST composition dealer Arjuna (Fictional Character): Krishna, government has made changes in GSTR-4. But which taxpayer needs to file GST...

E-commerce Platform: Registration under GST & Return Filing

Posted by Shrijay Sheth 16 April 2018 6266 Views

Indian E-commerce is blooming at best and increasing enormously every year. It is anticipated that it would grow 6 to 10 times in a span of next five years. The...

Job work transactions

Posted by PARAMESHWAR.J 16 April 2018 12171 Views

Central Board of Excise and Customs (CBEC) has issued circular no. 38/12/2018 dated 26 March 2018, clarifying various issues pertaining to job work transactions...

Legal services of advocates liable to GST under reverse charge

Posted by Avinash Jeevan Dsouza 11 April 2018 27585 Views

The government has clarified that there is no change in taxation of legal services in the GST era.

Composition Taxpayers need to mention details of Inward Supplies in GSTR 4

Posted by Soumya Laha 11 April 2018 36087 Views

Composition Taxpayers need to mention details of Inward Supplies (Purchases) in GSTR 4 from Jan-Mar quarter, FY 2017-18 & information about annual GSTR

GST related issues to consider when finalising books of accounts

Posted by TARUN ARORA 10 April 2018 20014 Views

Issue 1: Related Party Transactions The entity shall identify related persons' transactions deemed to be undertaken even without consideration as prescrib