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Articles by CA PIYUSH KAPOOR

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Understanding Non-Performing Asset (NPA) Norms in Banking

Posted by CA PIYUSH KAPOOR 20 March 2025 2483 Views

This article provides an overview of NPA classification norms applicable to various asset classes, with a special emphasis on agricultural advances.



E-way Bill and bill to ship to transaction in gst

Posted by CA PIYUSH KAPOOR 01 March 2023 22480 Views

This article prepares for helping to understand how to issue E way bill in case of consignee place and the delivery place is different. Also, help in understanding whose tax invoice will consider during the transportation of goods.



Role of Fastag in movement of goods under GST

Posted by CA PIYUSH KAPOOR 14 February 2023 13848 Views

This article help to understand to Role of fastag in movement of Goods under GST with understanding section 31 to 34.



Seizure and sealing during search under GST

Posted by CA PIYUSH KAPOOR 23 January 2023 10064 Views

Sections 67 to 72 of the Central Goods and Services Tax Act, 2017 deals with the provisions related to inspection, search, seizure and arrest. Section 67 of CGS...



Penalty on issuance of fake invoice and wrong ITC claim

Posted by CA PIYUSH KAPOOR 16 January 2023 16238 Views

This article describes the Fake GST Invoice and measures to address them.



Understanding New Interest Subvention Scheme

Posted by CA PIYUSH KAPOOR 12 December 2022 6038 Views

(As per new RBI Notification dt 23.11.2022) This article contained information about the interest subvention scheme for short-term Agriculture loans and New notification for some changes from 23.11.2022 for FY 2022-23 and 2023-24.



Applicability of GST on cold storage

Posted by CA PIYUSH KAPOOR 10 December 2022 7947 Views

This article helps to understand the applicability of GST on Cold Storage services, the Definition of Agri Produce as well as ITC claims on Buildings and Plant and Machinery.



Legality Status of ITC Block by GST Department

Posted by CA PIYUSH KAPOOR 08 October 2021 10409 Views

As per Rule 86A, a commissioner or any officer authorized by them can block the ITC available in the electronic credit ledger of the taxpayer if they have reasons to believe that he has fraudulently availed ITC.



Tax evasion under GST and measures to curb it

Posted by CA PIYUSH KAPOOR 21 June 2021 5777 Views

Tax evasion is the illegal attempt through which taxpayers try to reduce their tax liability. It has become a major problem for the government of almost every country.



Interest on Reversal of Unutilized ITC

Posted by CA PIYUSH KAPOOR 07 May 2021 7730 Views

There is no specific mention of Interest on Unutilized Credit reversal. Rules marked regarding the charging of Interest u/s 50 (1) cannot override the section in which there is no Interest mention on reversal of unutilised ITC.




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