Articles by Abhishek Raja

Demystifying GST on developed plots

Posted by Abhishek Raja 16 February 2022 15173 Views

In India, Real Estate Sector is the second largest employer after agriculture. In GST regime, there is no concept of manufacture, sale or service etc. There is only one concept i.e. "Supply". All the Supplies are categorized as either 'Supply of Goods' or 'Supply of Services'.

Can GST officers directly visit your premises to collect GST without notice?

Posted by Abhishek Raja 02 February 2022 15189 Views

After reading such news items what I understood was that from 1st January 2022, the GST officers can initiate recovery proceedings without any show-cause notice against taxpayers who under-report sales in GSTR-3B compared to GSTR-1.

GST Procedure related to demands and recovery

Posted by Abhishek Raja 11 December 2021 8968 Views

The incidence of short payment and non-payment of tax, wrong availment of Input Tax Credit, etc. may be because of an inadvertent bona fide mistake (Normal Cases) or it may be a deliberate attempt (Fraud Cases) to evade the tax.

New battleground in GST: Cross Charge between Head Office & Branch Office

Posted by Abhishek Raja 03 November 2021 14440 Views

New battleground in GST: Crossc charge between head office & branch office

Summary of TDS provisions in GST

Posted by Abhishek Raja 30 October 2021 9730 Views

TDS is to be deducted at the rate of 2% on payments made to the supplier of taxable goods/services, where the total value of such supply, under an individual contract, exceeds Rs. 2,50,000.

ITC on CSR activity: The new battleground?

Posted by Abhishek Raja 24 September 2021 13618 Views

The contribution of companies to fight the spread of the coronavirus would be considered CSR spending as per the Companies Act. Let us understand the applicability of GST provisions on the same.

Zero rated supplies under GST

Posted by Abhishek Raja 14 August 2021 8643 Views

In case of zero ratings, not only is the output exempt from payment of tax, there is no bar on taking/availing credit of taxes paid on the input side for making/providing the output supply.

When is the salary of a salaried person taxable?

Posted by Abhishek Raja 07 August 2021 5786 Views

Salary can be defined as the compensation a person receives for providing services that are implied or explicit. Let us discuss the taxability of salary received by a person.

Dispute on valuation of supply of services by RWAs to their members

Posted by Abhishek Raja 18 July 2021 4169 Views

The Madras HC in the case of Greenwood Owners Association has quashed a Finance Ministry circular prescribing GST on the entire monthly contribution to RWA if it is more than Rs. 7,500.

Valuation of land for GST in real estate project

Posted by Abhishek Raja 14 July 2021 10102 Views

In respect to Land & Building, GST Laws have 'deeming provisions' in Schedule-II of the CGST Act. Thus, excluding those 'deemed supply' provisions, GST cannot be imposed on other transactions relating to Land & Building.