Articles by CA Nilesh Mahajan

Union Budget 2023-24: Key GST Law Changes Explained

Posted by CA Nilesh Mahajan 03 February 2023 10846 Views

Discover the significant changes to GST law in the Union Budget 2023-24. Understand new composition scheme rules, ITC reversals, penalties, and more.

GST on Director's Remuneration: New Clarifications

Posted by CA Nilesh Mahajan 13 December 2020 2729 Views

Understand GST applicability on director's remuneration. Learn about employee vs. independent director tax rules and reverse charge mechanism.

COVID-19 Safety Expenses: Can You Claim ITC?

Posted by CA Nilesh Mahajan 02 December 2020 8514 Views

Discover if you can claim Input Tax Credit (ITC) on expenses for COVID-19 safety measures like health insurance, sanitisers, and masks. Learn the rules.

Prepare for E-invoicing & New GST Returns

Posted by CA Nilesh Mahajan 08 April 2020 16035 Views

Get ready for e-invoicing and the new GST return system. Learn essential steps for smooth implementation and compliance from April 2020.

Making payment of GST liability for the month of Feb 2019

Posted by CA Nilesh Mahajan 15 September 2019 14968 Views

As per newly inserted Section 49A, ITC on account of CGST and SGST can be utilised towards payment of CGST, SGST and IGST as the case may be only after ITC avai...

New GST rates for under-construction house/flat: Practical dilemma

Posted by CA Nilesh Mahajan 31 August 2019 9989 Views

To reduce the burden of GST on home buyers, GST council in its 33rd meeting has reduced the rate to 5% without input tax credit (�ITC�) for non-affo

Important changes and clarifications issued by CBIC on 31 Dec & 1 Jan 2019

Posted by CA Nilesh Mahajan 03 July 2019 5214 Views

Vide Removal of Difficulty order No. 2/2018 dated 31.12.2018 the time limit for availing credit on invoices issued during the period July 2017 to March 2018 an...

Error/limitation of annual return (GSTR 9)

Posted by CA Nilesh Mahajan 01 June 2019 15401 Views

The due date for filing of Annual Return is fast approaching (i.e. 31 Dec 2018) and there persists lots of confusion & concerns in the mind of Trade at larg

Critical compliance for 2017-18 error rectification in GSTR1 September return

Posted by CA Nilesh Mahajan 01 April 2019 40986 Views

It has been a year since the roll out of GST in India. Time has come for taking stock of transaction undertaken during the period July 2017 to March 2018 and ta...

Compliances under GST to be done before 30th Sept

Posted by CA Nilesh Mahajan 19 March 2019 29845 Views

GST has completed its first financial year (July 17' Mar 18) and there are certain critical issues to be considered by the taxpayers on or before 30 Sept