GST Articles

Vague SCN may be non-maintainable but can be practically handled better

Vivek Jalan 23 September 2023 at 10:38

GST Cases sometimes remind us of Charlie Chaplin Shows. However, these shows may be better handled by taxpayers at the adjudicating level itself in case they co..

Corporate Guarantee - Whether Supply or not under GST

CA Aakash Sarda 23 September 2023 at 08:55

Applicability of GST on corporate guarantee wherein related parties are involved and there is no consideration, has been a matter of dispute since introduction of GST.

Section 74 of CGST Act 2017: Tax Discrepancy Due to Fraud and Misstatements

Niyati 22 September 2023 at 12:34

Section 74 of the CGST Act 2017 deals with the determination of tax discrepancies, such as unpaid or underpaid taxes, erroneous refunds, or wrongly claimed input tax credit.

Practical Application of GST on Gaming & Gambling vide Rule 31B & Rule 31C: Explanation with examples

Vivek Jalan 22 September 2023 at 09:10

Rule 31B of The CGST Rules inserted vide Not No 45/2023, provides for determining the Value of supply in case of online gaming including online money gaming

Understanding GST Summons: Your Rights, Duties and Validity

Abhishek Raja 20 September 2023 at 08:53

In this article, we will delve into the concept of GST summons, including what they are, how they work within the legal framework, and what your rights and duties are when you receive a summons. We will also discuss the validity of summonses and the importance of understanding how they function in the GST system.

Top 4 mistakes to avoid in view of Circulars issued in July 2023

CA Shruti Singhal 18 September 2023 at 12:50

Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for the period 01.04.2019 to 31.12.2021 through Circular No. 193/05/2023-GST dated 17-7-2023.

Top 10 changes impacting small business which are made effective in July and Aug 2023

CA Shruti Singhal 18 September 2023 at 09:51

E-Invoice limit has been reduced w.e.f. 1-8-2023, and now those registered persons whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds Rs. 5 crore are required to issue E-invoice for Export invoice and B2B supplies.

How to Effectively Manage Indian GST Compliances: A Layman's Guide!!

Abhishek Raja 18 September 2023 at 08:52

In this comprehensive guide, we will explore the key components of Indian GST compliances and provide practical insights on how businesses can navigate and streamline their operations to ensure compliance.

India's Online Gaming Landscape: Growth, Regulations and Opportunities

Affluence Advisory 16 September 2023 at 10:54

Online gaming companies in India, are subject to a number of laws and regulations. These laws and regulations are designed to protect consumers, ensure fair play, and prevent illegal gambling.

30 Days time for IRN w.e.f 1st Nov 2023: Issues and Pointers

Vivek Jalan 15 September 2023 at 10:07

As the unscrupulous elements find out new ways of gaming the system, so do the GST Authorities keep on tightening the loopholes. The genuine taxpayers have to bear the brunt of these stringent measures