Articles by CA Roopa Nayak

Employee recoveries - GST implications

CA Roopa Nayak 18 February 2019 at 13:16

Background Under GST regime wef 1.7.2017, tax is applicable on supply of goods/services done for a consideration. GST is applicable on goods [moveable property]..

Construction related credit & availment of credit for 2017-18

CA Roopa Nayak 24 October 2018 at 11:15

Background It is seen that there has been a lot of confusion in the minds of assesses on whether to avail credit of GST paid on the construction of immoveable p..

Eligibility of Input Tax Credit under GST

CA Roopa Nayak 28 September 2018 at 11:34

BackgroundIn GST regime, input tax credit is available to registered person on goods and services used in course of business of making taxable supplies, subject..

GST Implications of Plotted Development

CA Roopa Nayak 17 September 2018 at 16:26

Background:Plotted development is a scheme which involves forming land into layout after obtaining necessary plan approval from the Development Authority, get a..

Explaining Development Right under JDA and it's GST Implications

CA Roopa Nayak 10 September 2018 at 10:57

BackgroundIn joint development agreement (JDA), the landlord enters into arrangement whereby developer is allowed to enter into the land or the possession is ha..

Taxation of Branch Offices in India and GST on Services

CA Roopa Nayak 06 September 2018 at 11:04

BackgroundGST is levied on supply of goods/services. Goods is defined as every kind of moveable property�.. Service is defined as anything other than goo

GST on construction done for landlords under Joint Development Agreement

CA Roopa Nayak 04 September 2018 at 11:36

BackgroundIn the real estate sector, joint development agreements or JDA, are entered into by which the land owners with developers. The land owners may not be ..

Employee recoveries and Service tax

CA Roopa Nayak 17 June 2016 at 11:01

It is to be noted that service provided by employees of the company (who are under employment with the Company) are governed by the exclusion clause contained in the definition of �Service�

Service Tax Implications of Composite contract

CA Roopa Nayak 11 June 2016 at 12:33

Service Tax Implications of Composite contractCA Madhukar N. Hiregange& CA Roopa Nayak In this article we look at the validity of service tax levy on composite contracts comprised of value of land +goods + construction. This is in the