Articles by Pradeep Jain

Binding nature of Advance ruling - Part I

Posted by Pradeep Jain 21 February 2019 2806 Views

The concept of advance ruling was introduced in the GST regime to bring more clarity in the interpretation of law as the assessee was permitted to seek advance...

Clarification regarding inter state movement of machinery on own account

Posted by Pradeep Jain 04 August 2019 31443 Views

The clarifications issued in GST are being welcomed as they have the effect of resolving confusions and reducing litigation. However, sometimes the clarificatio...

Admissibility of ITC on services related to motor vehicles

Posted by Pradeep Jain 02 July 2018 19570 Views

Section 17(5) of the CGST Act, 2017 prescribes the list of blocked credits and this lists allows the ITC on few goods and services on conditional basis.The rele...

Relevance of relevant date in case of export

Posted by Pradeep Jain 13 June 2018 13893 Views

This update is about the interpretation of term "relevant date" & its significance in determining the time limit for filing the refund claim.

GST on society charges collected by builder

Posted by Pradeep Jain 11 June 2018 6733 Views

A builder is supposed to collect an amount for repairs and maintenance of flats. This collection is being kept in a separate account dedicated for the purpose.

Reversal of ITC in case of goods lost by fire

Posted by Pradeep Jain 11 December 2017 15167 Views

In GST regime, the scope of definition of inputs, capital goods and input services is very wide and covers almost all the imaginable goods and services

Reversal of ITC in case of reduction in tax rate on restaurant services

Posted by Pradeep Jain 07 June 2018 16229 Views

In 23rd meeting of GST Council, it was decided to reduce the tax rate on restaurant services with no facility of ITC.

Compilations of all the notification issued on 15th Nov 17 - Central tax

Posted by Pradeep Jain 17 May 2018 21323 Views

Compilations of all the notification issued on 15th Nov 17 - Central tax

Mismatch of invoice numbers

Posted by Pradeep Jain 15 May 2018 33931 Views

Many steps have been taken by the Government for the smooth implementation of GST. But there are some problems being faced by the assesses especially the export...

ITC passed on by Input Service Distributor through GSTR 6

Posted by Pradeep Jain 13 May 2018 3997 Views

Under GST regime, head office of a company is treated as a distinct person requiring separate registration as input service distributor (ISD) if it intends to d...