Articles by Pradeep Jain

Mismatch of invoice numbers

Posted by Pradeep Jain 15 May 2018 33885 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 3983 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...

GST on employee reimbursements

Posted by Pradeep Jain 10 May 2018 24361 Views

Under GST regime, there have been a lot of issues regarding taxability of transactions between employer and employee

Books in GST Regime

Posted by Pradeep Jain 08 May 2018 21544 Views

GST update on books in GST regime

Waiver of penalty in respect of GSTR 3B

Posted by Pradeep Jain 06 May 2018 19457 Views

Press Release dated 24th October, 2017 was issued by Government to announce the waiver of late fee on the filing of GSTR-3B for August and September, 2017

Society charges collected by builder

Posted by Pradeep Jain 05 May 2018 4614 Views

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

Proposal for 12% tax rate without ITC on Restaurants

Posted by Pradeep Jain 01 May 2018 7311 Views

GST update on proposal of 12% tax rate without ITC for restaurants

GST update on denial of substantial benefit for technical glitches

Posted by Pradeep Jain 28 April 2018 6062 Views

It has been four months since GST has been implemented but still GST network is not free from technical glitches.

Reversal of ITC in case of goods lost by fire

Posted by Pradeep Jain 11 December 2017 15118 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

Focus areas of reports generated by software for filing returns

Posted by Pradeep Jain 14 November 2017 9758 Views

As we all know, filing of numerous returns in the GST regime will be a cumbersome task which will be essential for claiming input tax credit because credit avai...