Articles by CA Akshay Hiregange

FY 2022-2023 Year End: GST Checkpoints

Posted by CA Akshay Hiregange 24 March 2023 19724 Views

In this article, the author has highlighted 50+ GST checkpoints that one may consider for the financial year end, i.e. March 2023 as a safeguard.

Changes and Compliances in GSTR 9 & 9C - FY 2021-22

Posted by CA Akshay Hiregange 23 November 2022 21662 Views

The department has started issuing notices and requesting for information by comparing data disclosed in GSTR 9/9C Vs GSTR 3B.

Changes proposed in disclosure of ITC in Table 4 of GSTR-3B

Posted by CA Akshay Hiregange 15 July 2022 7417 Views

To streamline the disclosures in GSTR-3B across the nation, some changes in the Form have been introduced w.e.f 5th July 2022 vide NN 14/2022-CT along with clarity provided through Circular No. 170/02/2022-GST dated 6th July 2022.

Outward Supply additional disclosures in Form GSTR-3B

Posted by CA Akshay Hiregange 14 July 2022 7968 Views

In order to accommodate new changes in the law and new disclosure requirements, the present GSTR-3B may see some changes soon, as specifically mentioned in the press release of the 47th council meeting. A revised GSTR-3B form may be put up in the public forum for comments and suggestions.

GST Notices & Possible Solutions

Posted by CA Akshay Hiregange 10 June 2022 12880 Views

In this article we would be discussing how to manage the recent barrage of notices, and the possible actions and activities one may take up to resolve the problem being faced across the GST taxpayer community.

E-invoice & E-way Bill in Retail Trade

Posted by CA Akshay Hiregange 20 January 2022 12854 Views

In this article we would be focusing our attention on various e-invoicing (E-INV) and e-way bill (EWB) compliances and practical issues faced by the Industry.

GST: ECO liability on food & beverages

Posted by CA Akshay Hiregange 20 December 2021 9219 Views

In the article, we look at the present state of affairs and provide the way forward for the trade/ restaurants/ hotel/ online supplies and possible suggestions to obtain clarity.

Financial Statements under Indirect Taxes

Posted by CA Akshay Hiregange 09 November 2021 7732 Views

Interpreting and analyzing Financial Statements by keeping in mind GST, Customs, FTP rules and regulations, helps to focus on critical areas, reduces costs and results in client satisfaction.

Rule 36(4) - Impact & Validity

Posted by CA Akshay Hiregange 24 December 2020 5083 Views

In this article, we have analyzed the impact and practical suggestions of Rule 36(4). We have also touched upon the validity of Rule 36(4) in the GST law.

Analysis of ITC utilization in DRC-03 for GSTR 9 & 9C

Posted by CA Akshay Hiregange 22 December 2020 17028 Views

Taxpayers have an option to pay additional liability not declared in GSTR-1 or GSTR-3B, in GSTR-9 through Form DRC-03 based on para 4 of GSTR-9 instructions for FY 2017-20.