GST Articles

An Introduction to GST

ROHIT 13 June 2017 at 11:19

GST (Goods & Services Tax) is the talk of the town these days. No matter who you are, whether you are a businessman, salaried person o

GST Council lowers rates for 66 items, increases limit for Composition Levy

Bimal Jain 12 June 2017 at 15:50

GST Council lowers rates for 66 items, increases limit for Composition Levy

Purpose and Importance of Credit note and Debit note in GST

Member (Account Deleted) 12 June 2017 at 11:16

Credit Note Purpose of Credit note (Section 34)The credit note will be issued by the registered person (i.e Supplier ) to the recipient for the following purpo..

Section 7 of CGST read with Schedule I,II,III

Varsha singh 12 June 2017 at 11:16

SECTION: 7 OF CGST- SUPPLY OF GOODS

Allowable credit on stock held on appointed day for Unregistered person

CA Varun Chadha 12 June 2017 at 11:16

1. Following persons are entitled to take CGST credit in Electronic credit ledger:A. Not liable to register under earlier lawB. Was engaged in manufacturing exe..

Background of works contract under GST

CA Sarath R Krishnan 12 June 2017 at 11:15

Definition of works contract/ Input Tax credit/ TDS under CGST Act/ Applicability

A brief introduction of taxes to be subsumed under GST

Shreya Dey 12 June 2017 at 11:15

With the introduction of GST from 1 July 2017, a lot of Indirect taxes are being subsumed under GST. Here we provide the list of those taxes.

GST - Goods returned after appointed date of 1st July

divyanshusengar 12 June 2017 at 11:15

Transitional Provisions - Sec 142 (1) What will happen if Goods sold before Appointed Date is returned after Appointed Date

Carry forward of Cenvat credit on goods held in stock on appointed day

CA Varun Chadha 12 June 2017 at 11:14

1. A registered person, other than a person opting to pay tax under composition scheme, shall be entitled to take credit in his electronic credit ledger the amo..

GST impact analysis on Professionals

CA Vivek Kumar 10 June 2017 at 13:36

IntroductionIn the wide spread economy, professionals are growing day by day. Presently, Service Tax (ST) is charged by the service providers on their services ..