Articles by CA Amit Harkhani
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Slump sale under GST
Slump-Sale is the sale of an undertaking as a going concern for a single consideration. In this article, we will discuss the implication of tax in slump-sale as far as GST is concerned.
Whether tax paid on intra-state inward supply in one state can be used to pay output tax liability in another state
A combined reading of Section 16(1) of CGST Act, 2017 and definitions it is concluded that registered persons can avail ITC (IGST & CGST & SGST) u/s 16(1) of CGST Act, 2017 and not separately under respective Acts.
Analysis of Eight Terms of Supply
In this article, we will discuss the Eight Terms of Supply i.e Sale, Transfer, Barter, Exchange, Lease, Rental, License, and Disposal.
Rule 86B under GST | Restriction on Utilisation of ITC in Electronic Credit Ledger
The ITC available in the electronic credit ledger could always be fully utilised for discharging the output tax liability. The new Rule 86B has limited the use of ITC balance for paying its output tax liability.
GST Impact on Sale of Capital Goods (Business Assets)
In this article, we will discuss the GST impact on Sale of Capital Goods (i.e. Business Assets), including the provision of supply.
All you need to know about QRMP Scheme
Discussing the Eligibility, Exercising Option, Details of Outward Supplies, Payment of Tax, GSTR-3B Filing and Applicability of interest and late fee w.r.t the QRMP Scheme.
Value of Taxable Supply under GST
The value of a taxable supply of goods or services or both shall be the "TRANSACTION VALUE". Transaction Value is a combination of three elements.
GST on Director Remuneration
Directors who are not the employees of the said company, the services provided by them to the Company, in lieu of remuneration as the consideration for the said services, are clearly outside the scope of Schedule III of the CGST Act and are therefore taxable.
GST on Online Information Data Base Access and Retrieval Service (OIDAR)
Online Information Database Access and Retrieval services (hereinafter referred to as OIDAR) is a category of services provided through the medium of internet and received by the recipient online without having any physical interface with the supplier of such services.
Electronic Commerce & Electronic Commerce Operator under GST
Electronic Commerce & Electronic Commerce Operator under GST
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