Articles by CA Shubham Kumar

GST Registration requirement under E-Commerce business

CA Shubham Kumar 16 July 2021 at 09:25

Section 22(1) of the CGST Act provides for registration by the supplier of services or goods & services having an aggregate turnover exceeding Rs. 20 lacs.

ITC on expenditures incurred on public welfare due to COVID-19

CA Shubham Kumar 08 June 2020 at 10:08

As per the above ruling, ITC would not be available on CSR activities but as per our understanding, ITC should be available in such a transaction. If masks, sanitizers purchased and used for employees during office hours.

GST implications for Companies under IBC Code, 2016

CA Shubham Kumar 03 April 2020 at 10:20

Clarifications were issued by the department in respect of issues under GST Law for companies under IBC Code, 2016. Here is the analysis of clarifications.

Clarification on Job work services

CA Shubham Kumar 25 November 2019 at 10:11

CBIC issued a clarification on Job work vide circular No. 126/45/2019- GST on the dated 22nd November 2019. Before published, these circular people have many doubts about job work and manufacturing processes.

Clarification on GST on salaries paid to CEOs or Employees

CA Shubham Kumar 19 November 2019 at 10:37

Recently Central Board of Indirect Taxes & Customs (CBIC) issued a clarification on GST implication on Salaries paid to key management personnel and employees. In this clarification, CBIC clarifies that GST is not applicable to the salary paid to the employees because it is under schedule III of the CGST Act, 2017.

Simplification of Form GSTR-9 & 9C

CA Shubham Kumar 18 November 2019 at 11:03

CBIC has issued Notification no. 56/2019 - Central Tax dated: 14th November 2019 on simplification on GSTR-9 & 9C for FY 2017-18 and 2018-19.

Clarification if NIL refund claim has already been filed

CA Shubham Kumar 07 October 2019 at 18:49

A clarification issued by the CBIC vide circular no. 110/29/2019 -GST, dated: 3rd October, 2019 on filing of refund application through form GST RFD-01 if Nil refund application already filed by the applicant.

Clarification issued by CBIC on Refund Application

CA Shubham Kumar 05 October 2019 at 12:38

Clarifications issued by the CBIC on filing of refund application where NIL return has already been filed and favorable order received in appeal or any other forum. Following is the key point related to such circulars issued on 3rd October 2019.

Key highlights from 37th GST Council Meeting

CA Shubham Kumar 23 September 2019 at 11:02

The 37th GST Council meeting took place on 20th September 2019 at GOA. In this meeting, the council took following decisions relating to changes in GST rates, ITC eligibility criteria, exemption and clarification on connected issues. Further, the council has been proposed to changes in some procedural aspects under GST.