GST Articles

GST ITC Fraud in India and Responsibilities of Tax Professionals

Usama Ansari 21 October 2023 at 07:32

In this article, we will delve into the nuances of GST ITC fraud, its consequences, and the crucial responsibilities of tax professionals in combating this menace.

GST Cash Ledger Credit: Cash Payment or Contempt Dilemma?

Vivek Jalan 20 October 2023 at 08:58

Can GST Amount credited in Cash Ledger be considered as cash payment or not? Commissioner shall follow High Court directions or appeal against but cannot act in contempt

Process for cancellation of GST registration

Sparsh Wadhwa 18 October 2023 at 09:21

Cancellation of GST registration is a process of de-registering a business entity from the Goods and Services Tax (GST) system. GST registration is mandatory for businesses that have an annual turnover exceeding a certain threshold limit.

Tax Hike Turmoil: How India's 28% GST on Online Gaming Impels Global Players to Exit

Shivani 17 October 2023 at 09:43

The 50th GST Council meeting passed a resolution imposing a 28% Goods and Services Tax (GST) on the full face value of bets placed on online gaming platforms.

GST on Dance Classes & Workshops

CA Raghav Khandelwal 14 October 2023 at 09:07

There are different scenarios in which the training or workshop for dance training occurs in the market.

What is GST Annual Return or GST Audit?

Ashok Pitroda 13 October 2023 at 09:09

As per Rule 80 of the CGST Rules, 2017, every registered person liable to file annual return for every financial year is required to file the same on or before the 31st of December of the next financial year.

A Step Towards Simplicity: Unregistered Suppliers Enrolling for E-commerce Supply

CA Aman Rajput 13 October 2023 at 09:09

In a recent development by the GSTN, a significant advisory was issued on October 12, 2023. This advisory pertains to unregistered suppliers and their need to obtain an enrolment number on the GST Portal, validated through their PAN, before conducting any supply through an ECO.