GST Articles

TDS Provision under GST updated as on 31st October 2023

Posted by CA Amit Harkhani 29 November 2023 6638 Views

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.

Legal Clarity Unveiling the Essentials of GST Compliance

Posted by Usama Ansari 27 November 2023 2835 Views

In this article, we delve into the essentials of GST compliance, unraveling the intricacies that businesses must navigate for legal clarity.

How to apply for GST Registration?

Posted by Sparsh Wadhwa 21 November 2023 1859 Views

You can apply for GST registration online through the GST portal

GSTN to Notify ITC Reversal for GSTR-3B Non-Filing by Suppliers - Act by 30th Nov

Posted by CA Umesh Sharma 21 November 2023 6722 Views

Now GSTN Will Notify ITC Reversal For GSTR-3B Non-Filing By Suppliers; Reverse It By 30th Nov

GST Reconciliation: A Comprehensive Guide for Indian CAs, Accountants and Businesses

Posted by Aisha 20 November 2023 22000 Views

In this blog, we will discuss the importance of GST reconciliation, the challenges that businesses face, and how Suvit can help. We will also provide best practices for GST reconciliation and common mistakes to avoid.

GST on Personal & Corporate Guarantee

Posted by CA Akshay Hiregange 20 November 2023 3585 Views

The 52nd GST council has recommended clarity w.r.t personal guarantee given by a director and Corporate Guarantee including GST taxability on the same. This has been a long pending issue.

Hostels/PGs and GST exemption for residential accommodation

Posted by CA Roopa Nayak 20 November 2023 14259 Views

In this backdrop, the paper writer has examined GST exemptions available to this sector under GST,as well as whether GST would be liable on renting of residential accommodation as well as on hostels charging upto Rs.1000 per day per unit post 18.7.2022.

GST Refund on Export of Goods

Posted by CA Amit Harkhani 17 November 2023 5692 Views

The aim of Indian government is to increasing the output and quality of export from India in pursuance to the "Make in India" policy. Indian government also provide the many incentives to the exporters to boost export in India and in addition to incentives, government also provide many benefits as far GST is concerned. Like Refund of GST in export of goods or Service.

Navigating GST Considerations in Transition from Partnership to Private Limited: A Comprehensive Analysis

Posted by CA PRASANTH.K 16 November 2023 1578 Views

In a strategic move towards future growth and market positioning, businesses often undergo transformations, and transitioning from a partnership firm to a Private Limited Company is a significant journey.

Deadlines for ITC Claim and Reversal For FY 2022-23

Posted by Mitali 15 November 2023 16184 Views

To meet the deadline for the financial year 2022-23 and ensure compliance with GST regulations on Input Tax Credit (ITC), taxpayers should take some timely actions