GST Articles

Reverse Charge Mechanism under GST

Posted by sanjay singhal 06 June 2017 47166 Views

In the normal course, indirect taxes are collected and paid by the supplier (trader, manufacture). For understanding, we may call it direct

Allowable Credit of Central Duties in respect of stock as on 1st July

Posted by CA Rishi Goyal 06 June 2017 7211 Views

Allowable Credit of Central Duties in respect of stock as on 01.07.17 as per Section 140(3) . Following person are entitled to take credit 1. Not liable to reg...

GST Council finalises tax rates for remaining items, States agree to July 1 rollout

Posted by Bimal Jain 05 June 2017 45562 Views

GST Council finalises tax rates for remaining items, States agree to July 1 rollout

Composition Levy : When and how to opt?

Posted by Member (Account Deleted) 05 June 2017 7905 Views

As per sub-section (1) of section 10, the registered person, whose aggregate turnover in the preceding financial year did not exceed fifty lakh

Sec 1 of CGST act 2017 : Short title, extent & commencement

Posted by CA Manoj Gupta 03 June 2017 21480 Views

A DETAILED ANALYSIS ON SECTION 1 -APPLICABILITY OF CGST ACT, 2017. WHY CGST ACT, 2017 IS NOT APPLICABLE TO JAMMU & KASHMIR.

Shifting of Input on Closing Stock - Transitional Provision

Posted by divyanshusengar 03 June 2017 17398 Views

Shifting of existing Input Tax Credit on Closing Stock in GST - As per Transition Provision U/S 140(3) of CGST Act 2017.

Implementation of GST from 1st July 17

Posted by Mohan Arya 02 June 2017 21129 Views

GST finally would be implemented from 1st July 2017. This is a big & long awaited tax regime in India which will contribute all indirect taxes come under one roof

Transitional Provisions relating to Credit of unavailed Cenvat credit in capital goods

Posted by Member (Account Deleted) 02 June 2017 23208 Views

As per section 140(2) of the GST Act company shall be allowed to carry forward the unavailed CENVAT credit on capital goods not carried forward in return for t