GST Articles

GST on Supply of Used Vehicle

Posted by CA S K MISHRA 01 September 2018 81595 Views

The second-hand car market in India is highly un-organised and fragmented.The transaction happens ma

Registered under GST? Pay your Profession Tax now

Posted by Ashish Chawla 27 August 2018 58172 Views

With the GST coming in from July 1, 2017 numerous persons got themselves registered under the GST regime for various reasons, some mandatory while some voluntar...

Online filing of Letter of Undertaking (LUT) under GST

Posted by CA Mayur Todmal 26 August 2018 95698 Views

Much awaited process: �Filling of LUT (Letter of Undertaking) under GST in now became online�. This is surely a good step towards automation of pro

Tax Planning to save your GST

Posted by CS Piyush Jain 26 August 2018 16503 Views

We have seen various ways to save Income Tax since ages, but what about this GST, how GST can be saved, How inflow of cash in the firm can be increased, how can...

Reversal of ITC attributable to exempt services simplified

Posted by Saurabh Maheshwari 25 August 2018 13982 Views

Reversal of ITC of inputs/input services/capital goods used for effecting exempt supplies or for non-business use Sec 17(2) of the CGST Act, 2017 provides that...

When a person cannot claim ITC under GST

Posted by RAHUL PANDEY 21 August 2018 48807 Views

1) Person not registered :If a person is not registered under GST , he can not claim Input Tax Credit.2) If Supplies not used by Registered person in his busine...

FAQs on Refund under GST

Posted by RITI GOYAL 20 August 2018 12111 Views

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...

Exemption of services by Indian to Foreign establishment in GST

Posted by Bimal Jain 20 August 2018 10472 Views

With the monsoon, came pouring reliefs from rate reductions to simplified returns in the �MSME-focused� 28th GST Council meeting concluded on July 2

Input tax credit reversal for capital goods

Posted by CA Pradeep Kumar Rajput 18 August 2018 27124 Views

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...

GST Taxability of services provided by one unit to other of same Company

Posted by Bimal Jain 16 August 2018 7704 Views

Breaking the ice on much-debated taxability of inter-company supply of services in GST, the Hon�ble Authority for Advance Ruling, Karnataka while deciding