GST Articles

Decoding GST: Everything You Need to Know About GSTR-1 Filing

Sparsh Wadhwa 06 December 2023 at 09:11

The GST is a type of tax that applies to every product you see. It is a multi-stage, destination-based tax imposed on every value addition and applicable to the entire country. It has superseded chiefly other indirect taxes in India, such as excise duty, VAT, and services.

Understanding GST ITC and GSTR Forms

CA Kunal Jain 05 December 2023 at 09:06

This comprehensive article delves into the intricacies of Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime, with a specific focus on GSTR Forms 2A, 2B, and 3B. It aims to equip you with the knowledge and understanding necessary to navigate the complexities of claiming and utilizing ITC efficiently.

Basic Understanding of GST on Jewellery Business

CA. Bhavik P. Chudasama 04 December 2023 at 15:07

Here's an overview of GST rates and taxable value concerning the jewellery industry:

Delhi HC's Order Implicates Proper Reason for Cancellation of GST Registration

CA Aman Rajput 04 December 2023 at 08:57

In a recent order, the Delhi High Court (HC) has set aside an order cancelling a taxpayer's GST registration, stating that the order lacked proper reasons for cancellation.

Implications of implementing Two-Factor Authentication in GST

CA Aman Rajput 02 December 2023 at 08:59

The 2FA, requiring a one-time password (OTP) for login security, aims to enhance GST portal security and will be implemented nationwide in the second phase from December 1, 2023.

GST DRC-01 and DRC-07 Notices/Orders Served Beyond the Portal

Vivek Jalan 30 November 2023 at 10:20

Serving Of GST Notices In Form GST DRC-01 And Order In Form GST DRC-07 Other Than On The GST Portal Renders Notices/Orders Illegal

GST Appeal Amnesty Scheme 2023: Full Procedure and Provision

CA Sachin M Jain 30 November 2023 at 09:51

Golden opportunity for all the taxpayers who missed filing an Appeal within the allowable time or whose appeal got rejected due to time-barred against the order..

Compulsory Registration in GST irrespective of Threshold Limit

CA Aman Rajput 30 November 2023 at 08:51

The Goods and Services Tax (GST) Act, 2017, mandates that certain categories of taxpayers must obtain GST registration irrespective of their turnover or threshold limit of 40 lac or 20 lac for goods and services respectively.

How to Detect Fake Invoices under GST

Mitali 29 November 2023 at 14:44

Fake invoices refer to documents that falsely represent a transaction between two parties, typically involving the exchange of goods or services for payment. These invoices are deliberately created to deceive and can be used for various fraudulent purposes.

TDS Provision under GST updated as on 31st October 2023

CA Amit Harkhani 29 November 2023 at 09:50

TDS under GST Law shall be deducted as per the provision of Section 51 of the CentralGoods and Services Tax Act, 2017, Section21 of the Union Territory Goods and Services Tax Act, 2017 and Section 20 of the Integrated Goods and Services Tax Act, 2017, read with Rule 66 of the Central Goods and Services Tax Rules, 2017.