GST Articles

Relief provided by 55th GST Council Meeting to Small Taxpayers

Posted by CA Shruti Singhal 03 January 2025 18170 Views

The 55th GST Council meeting, held on December 21, 2024, resulted in a series of key decisions aimed at refining India's Goods and Services Tax (GST) framework. All the recommendations affecting small taxpayers have been discussed below.

Analysis of GST Council's Decision on Issues pertaining to Taxability of Vouchers

Posted by Vivek Jalan 02 January 2025 244 Views

In a significant move to address long-standing concerns regarding the taxability of vouchers under GST, the GST Council made certain recommendations

GST Relief to Hotels and Restaurants: Analysis of 55th GST Council's decision

Posted by Vivek Jalan 01 January 2025 1796 Views

To omit the definition of declared tariff and suitably amend the definition of specified premises (from the services rate and exemption notifications) to link it with actual value of supply of any unit

Key Highlights of 55th GST Council Meeting

Posted by CA Umesh Sharma 31 December 2024 457 Views

Just as the New Year symbolizes new beginnings, the 55th GST Council Meeting has introduced transformative recommendations for taxpayers and businesses. These recommendations touch upon rates, compliance mechanisms, clarifications, amendments and much more.

Intermediary Services Under IGST Act: Place of Supply and Tax Implications

Posted by CA. Bhavik P. Chudasama 28 December 2024 802 Views

The Goods and Services Tax (GST) regime in India has streamlined the indirect taxation structure and brought uniformity across states. Within this framework, th...

GST on Old and Used Vehicles: Does Selling a Used Vehicle Attract GST for all individuals?

Posted by Mitali 27 December 2024 853 Views

Is it true that the sale of an old or used car would attract more GST or if sold at a loss it will attract more GST on it?

Madurai Bench of Madras HC: Limitation for Appeals Starts from Rectification Order

Posted by Rajannaidu Karri 27 December 2024 394 Views

The Hon'ble Madurai Bench of Madras High Court clarifies that limitation period for appeals begins from rectification order, not original assessment order

Who Moved my Popcorn?

Posted by CA Niraj Navindgikar 26 December 2024 350 Views

In the recently concluded 55th GST Council Meeting held on 21/12/2024, the Council gave a Clarification regarding the GST rates applicable on various types of popcorn, a light edible item mostly consumed in movie theatres, restaurants, etc.

GST Return Forms

Posted by CA Anurag Sharma 25 December 2024 507 Views

Learn about all GST return forms, including GSTR-1, GSTR-3B, GSTR-4 and more. Understand their details, due dates, and filing requirements for seamless GST compliance.