GST Articles

Advance Ruling Mechanism under GST law

Lakshit Jindal 11 September 2023 at 12:47

The provisions of Goods and Services Tax law have introduced significant changes in the way indirect tax system used to operate in the earlier regime. Once upon..

4 Benevolent GST Circulars from July 2023 and Uncovered Situations

CA Shruti Singhal 09 September 2023 at 17:00

4 Benevolent circulars of Department issued in July’2023. By why all situations are not covered?

What is the process of filing a Letter of Undertaking (LUT) under GST?

Ishita Ramani 09 September 2023 at 08:51

This article is going to focus on "What is a Letter of Undertaking under GST?", "Process for Filling LUT under GST," "Documents Required for LUT under GST," and "Eligibility requirements for Filing LUT under GST (Goods and Service Tax).

Availability of ITC for the Supplies Obligatory for an Employer to its Employees

Udaya Chandran 09 September 2023 at 08:51

There was confusion whether the proviso applies to all the above-mentioned services or not. The same was clarified vide Circular No.172/04/2022-GST dated 6th July 2022.

GST Invoice Lottery Scheme

Member (Account Deleted) 04 September 2023 at 14:14

Janmashtami is around the corner, thousands & thousands of devotees are awaiting the auspicious day to celebrate the birth anniversary of their Lord Krishna. What gift shall the taxpayers expects from their beloved Krishna?

Demystifying GST: Significance, Application and Verification

Ayush 02 September 2023 at 17:47

The Goods and Services Tax (GST) number is a unique identifier assigned to businesses by the government of India for tax purposes.

Reporting of ITC Reversal Opening Balance w.e.f 31st August 2023

Yash Bhadiyadra 01 September 2023 at 09:12

Government has launched new ledger, "Electronic Credit Reversal and Re-Claimed Statement".

Mera Bill Mera Adhikaar Scheme: GST Incentive Scheme

CA Shubhi Khandelwal 30 August 2023 at 14:07

The government is set to launch "Mera Bill Mera Adhikaar Scheme", a GST Invoice Incentive Scheme that offers cash incentives to consumers for uploading legitimate GST invoices.

Less "Raksha" and More "Bandhan" on ITC to the Recipient in GST

CA Umesh Sharma 28 August 2023 at 13:07

The festival of Raksha Bandhan is around the corner, but there are many bandhans on recipient for availing ITC. How should a taxpayer take Raksha from these bandhans