Articles by Madhukar N Hiregange
View Full Profile
Role of AAR- Making GST Law Uncertain?
The GST law is no doubt a new and developing law. It is also a fact that it was a unique experiment merging VAT, Central Excise and Service tax in part and al...
Understanding "Aggregate Turnover" in GST
GST is a new evolving law applicable to all types of business � trade manufacture or service. It could also apply to those who are
Understanding Input Tax Credit
BackgroundThe Government as a part of a 40 years old unfinished agenda of implementing value added tax in India merged 11 indirect taxes of the Centre and State...
Understanding 'Aggregate Turnover' in GST
GST is a new evolving law applicable to all types of business - trade manufacture or service. It could also apply to those who ar
1 Year of GST - Is it time for 2nd wave of reforms?
Dear FM,Sub: GST Implementation � Is it time for next wave of GST reforms?The positives GST being enacted as a consensus effort of Sates and Centre is an
GST Revenue Officers - Visit to Compliant Tax payers premises
It has been observed that the visits of revenue officers has started. The jurisdictional officer u/s 6(1) is ONLY supposed to come. We find both of them visit w...
Issues & solutions: Valuation, Classification, Exemption under GST
Valuation: Deposit vs advances:Issue: Levy of GST on the deposits and advances liable? When amount is collected as deposit, then it is not taxable to GST
Draft Reply - Notice for difference in GST Input Credit
The spate of notices on difference between GSTR 3B and 2B some of them allowing only 3 days time to reply mainly by the State GST officers in some States of
Connection Between VAT, Central Excise, Service Tax & GST
The GST law is a mixture of the old indirect tax laws to a great extent. There are many provisions which are not as per the old provisions of VAT, Central Ex...
Some thorny issues in Tax credits in GST - Need for Govt to reform
The credit provisions under GST is an amalgam of the Cenvat Credit provisions with some aspects of ITC borrowed from VAT. The cross credit between State and...
sss
CAclubindia
