Articles by CA Nilesh Mahajan

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Union Budget 2023-24: What's changed in GST Law?

Posted by CA Nilesh Mahajan 03 February 2023 10843 Views

Changes in GST Law vide Union Budget 2023-24

Levy of GST on Directors Remuneration

Posted by CA Nilesh Mahajan 13 December 2020 2723 Views

ndependent Directors are not employees of the Company and as such remuneration paid to them is liable to tax under reverse charge basis in the hands of the Company.

ITC on expenses incurred for Safety measures due to COVID-19

Posted by CA Nilesh Mahajan 02 December 2020 8513 Views

Availability of ITC on expenses incurred for safety measures due COVID-19 pandemic

Steps to be taken before implementation of 'E-invoicing and new GST return'

Posted by CA Nilesh Mahajan 08 April 2020 16032 Views

Followed by our presentation on 'New GST return and E-invoicing' held on 07 Feb 2020, we would also like to highlight a few points regarding the e-invoicing and new GST return system which will help in taking appropriate steps for being ready on 1 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 9986 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 5211 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 15393 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 40984 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 29840 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