GST Articles
Input Supply on which ITC is not available - Blocked Credit
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
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
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
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
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?
Importance of ClassificationThe revenue department could object to the rate adopted or exemption
Section 7: Scope of supply
Statutory Provisions SECTION 7: SCOPE OF SUPPLY (1) For the purposes of this Act, the expression �supply&rdq
Kite fight of GST!
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
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 ...
Clarifications regarding levy of GST on accommodation services, betting and gambling
Clarifications regarding levy of GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal s...
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