GST Articles

Refund procedure for Duty Paid Exports

CA Jigar Shah 15 January 2018 at 11:50

Background-It�s already over six months since the GST was implemented. However, GST return filings are yet to be streamlined. With suspense over continuat

Input Supply on which ITC is not available - Blocked Credit

CA PRASANTH.K 15 January 2018 at 11:49

Introduction As per sub-section (1) of section 16 of CGST Act,2017 every registered person is entitled to take credit of tax paid on input supply of goods or se..

Mystery unlocked on Composition Scheme under GST Laws

CS Piyush Jain 15 January 2018 at 11:49

A. Who can opt for Composition Scheme? Businesses with annual turnover upto Rs 1.5 crore* can opt for composition scheme. Turnover of all businesses with same..

GST EWay Bills rules in Bullet Points

Udaya Chandran 15 January 2018 at 11:49

For all the goods value more than Rs.50000/-, it is optional for the goods value less than Rs.50000/- No eway bill for value less than Rs.50000/- No eway bill ..

GST ITC in respect of event management industry

CA Pradeep Kumar Rajput 12 January 2018 at 11:22

Event Industry being the small industry are equally affected by the introduction of GST a new indirect tax regime. GST has opened the new credit areas to the ev..

GST - Invoices and other documents

CA Pradeep Kumar Rajput 11 January 2018 at 11:09

Bill of Supply Issued by the registered person supplying exempted goods or services or both; and Suppliers opting for the composition levyRevised Invoice Issued..

Classification & Exemption in GST - Importance & How to?

Madhukar N Hiregange 11 January 2018 at 11:08

Importance of ClassificationThe revenue department could object to the rate adopted or exemption

Section 7: Scope of supply

CA Manoj Gupta 10 January 2018 at 11:25

Statutory Provisions SECTION 7: SCOPE OF SUPPLY (1) For the purposes of this Act, the expression �supply&rdq

Kite fight of GST!

CA Umesh Sharma 09 January 2018 at 11:13

Kite fight of GST!Enjoy it!Arjuna (Fictional Character): Krishna, the festival of Makar Sankranti has arrived. Small children have started to fly kites. Even th..

GST - Educating and Training Stakeholders

Madhukar N Hiregange 09 January 2018 at 11:12

The success of GST would largely depend on how the resistance to change which is inbuilt in humans is dissipated. The ethical needs and ground realities of ..