Articles by Akshay Parakh

GST Implications on Write-off of Unclaimed Creditors' Balances

Akshay Parakh 23 September 2025 at 08:43

The Haryana AAR has ruled that writing off unclaimed creditors' balances does not attract GST, as it is not a "supply" under the CGST Act, 2017. This article explains the implications for Input Tax Credit (ITC), risks of double taxation and key takeaways for businesses managing GST compliance.

Tax Implications on Digital Advertising Services

Akshay Parakh 06 March 2021 at 17:12

Discussing how advertisements in digital platforms like YouTube, Instagram, and Facebook etc. work and how Taxation at various point of business occurs.

A Critical Analysis of having TDS and TCS with GST on them

Akshay Parakh 07 January 2021 at 12:00

What we often ignore while checking our books of accounts is the impact of TDS/TCS under income Tax Act with Goods and Services Tax. In this article, we discuss the same in three subsets.