Articles by Rajagopal K

GST Post-Supply Discounts: New Rules from Nov 1, 2026

Posted by Rajagopal K 31 October 2026 5092 Views

Discover major GST changes effective Nov 1, 2026, regarding post-supply discounts under Section 153. Learn how businesses benefit from new flexibility.

Fix Wrongful Credit Note Rejections in IMS

Posted by Rajagopal K 11 September 2026 131 Views

Learn how to handle wrongful credit note rejections in IMS. Discover two workflows for same-month and later-month rejections to ensure your tax returns match.

TDS on Transporters: Declaration Format Under Section 393(4) for AY 2026-27

Posted by Rajagopal K 24 April 2026 16790 Views

Download and understand the transporter declaration format for non-deduction of TDS under Section 393(4) of the Income-tax Act, 2025. Check eligibility, conditions and compliance requirements for AY 2026-27.

ITC Reversal Certificate: Recipient's Guide to GST Compliance

Posted by Rajagopal K 20 March 2026 4108 Views

Learn how to issue an ITC Reversal Certificate for post-supply discounts & sales returns. Comply with GST Act, Section 34 & 15(3)(b). Get the format here!

Understanding GST Assessments: Types & Procedures

Posted by Rajagopal K 24 December 2025 1750 Views

Explore the different types of GST assessments, from self-assessment to best judgement and summary assessments. Learn how tax liabilities are determined under GST law.

GST ITC Reversal: 18% to 5% Rate Cut - Section 18(4) Explained

Posted by Rajagopal K 09 September 2025 9177 Views

Understand if a GST rate reduction from 18% to 5% requires ITC reversal under Section 18(4). Learn how taxable supplies are unaffected by rate changes.

Rule 37A CGST: Reversing & Re-availing ITC Explained

Posted by Rajagopal K 08 August 2025 4610 Views

Understand CGST Rule 37A. Learn how to reverse and re-avail Input Tax Credit (ITC) when your supplier fails to file GSTR-3B, ensuring compliance.

Section 18: Claiming ITC in Special Circumstances

Posted by Rajagopal K 08 July 2025 381 Views

Discover when you can claim Input Tax Credit (ITC) under Section 18 for special circumstances like new registration or switching schemes. Learn the conditions and time limits.

Apportionment & Blocked ITC Rules Explained

Posted by Rajagopal K 07 July 2025 689 Views

Understand how to apportion Input Tax Credit (ITC) for business/exempt use and discover which credits are blocked under GST. Get clarity on your ITC claims.