GST Articles

GSTR-7: Consequences of Accepting Wrong GST TDS Credit

Posted by Mitali 11 May 2025 22 Views

GSTR-7 is a monthly GST return for those deducting TDS under GST. It details the TDS deducted, paid and related transactions.

Important Updates in GST Refund Filing Process

Posted by CA Jaydeep Babubhai Vadher 09 May 2025 458 Views

In a significant move aimed at simplifying the refund process, the Goods and Services Tax Network (GSTN) has announced major updates for refund applications und...

Clarification on availability of GST Input Tax Credit on Demo Vehicles

Posted by Mohd Muaz Malik 08 May 2025 252 Views

Under the Goods and Services Tax (GST) regime, Input Tax Credit (ITC) is generally available on goods and services used in the course or furtherance of business. However, Section 17(5) of the Central Goods and Services Tax (CGST) Act, 2017

GST on Societies/Clubs and their Members - Is History repeating itself, or a new chapter in the making?

Posted by Ritu Mehta 07 May 2025 2939 Views

The transactions between society/ clubs and its members have seen unending litigation under the erstwhile Indirect Taxes regime and the same is also continuing in the GST regime.

Blocked Credit in GST

Posted by CA Shiwali Dagar 06 May 2025 4012 Views

Blocked Credit in GST Section 17(5)(a)Section 17(5)(a) of the Central Goods and Services Tax (CGST) Act, 2017, outlines specific scenarios where Input Tax Credi...

GST Revenue at All-Time High - A Genuine Growth or a Systematic Loot of Honest Taxpayers?

Posted by CA Digant Shah 05 May 2025 4098 Views

As a tax professional witnessing ground realities daily, here's why the so-called "GST success story" may be less about growth and more about enforcing revenue through manipulation and fear.

GST Registration Just Got Easier: New Grievance Redressal Mechanism Introduced

Posted by CA. Bhavik P. Chudasama 03 May 2025 392 Views

On 2nd May 2025, CBIC released Instruction No. 04/2025-GST, which introduces a formal grievance redressal mechanism for GST registration applicants.

Place of Supply under GST: A Complete Guide

Posted by CA Shiwali Dagar 03 May 2025 3719 Views

Understand the concept of Place of Supply under GST and its crucial role in determining whether a transaction is intra-state or inter-state, impacting the applicability of CGST, SGST, or IGST. Learn about key provisions under Sections 7 to 13 of the IGST Act, 2017.

Simplified Taxation for Small Businesses: Understanding the Composition Scheme under CGST Act, 2017

Posted by CA.Sangam Aggarwal 02 May 2025 921 Views

Under the CGST Act, 2017, businesses are required to obtain GST registration once their aggregate turnover exceeds the prescribed threshold limits - Rs. 40,00,000 for suppliers of goods and Rs. 20,00,000 for providers of services.