TCS under E-Commerce GST Regime – 16 Questions Answered
TCS under E-Commerce GST Regime – 16 Questions Answered. This article explains Tax Collection at source as per Goods & Service Tax Act 2017, TCS
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Scrutiny of Returns under GST – Understand with 8 Questions Answered
Scrutiny of Returns under GST – Understand with 8 Questions Answered: This article explains Scrutiny of Returns as per Goods & Service Tax Act 2017.
GST Practitioners – Eligibility, Activities, Conditions, Formats
GST Practitioners: Section 48 of the CGST Act provides for the authorisation of an eligible person to act as approved GST practitioner. A registered person
How to decide IGST, CGST, SGST while raising invoices in GST Regime
How to decide IGST, CGST, SGST while raising invoices in GST Regime. The Indian economy is all set for economic overhaul with the implementation of GST
How to identify the Category of goods under the new GST regime?
How to identify the Category of goods under the new GST regime? Various states in India presently have their own systems for classifying goods for tax
Impact of GST on Education Sector, GST Rates in Education Sector
Impact of GST on Education Sector, GST Rates in Education Sector: Education is the primary requirement of a nation acts as weapon in itself for any
Credit Note under GST: Introduction, Meaning, Adjustment of tax liability
Credit Note under GST:– Where a tax invoice has been issued for supply of any goods or services or both and the taxable value or
Credit Notes OR Debit Notes to be issued by ISD – All you Know
Credit Notes OR Debit Notes to be issued by ISD: A registered person is required to issue credit note or debit note under certain circumstances. GST is
GST on Education Services – GST Rates, HSN Codes (Detailed)
GST on Education Services: “Education” is not defined in the CGST Act but as per Apex Court decision in “Loka Shikshana Trust v/s CIT”, education
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Advance Ruling: The Provision of Advance Rulings were made in 1993 in Income Tax Act vide Section 245N to 245R. An Advance Ruling is a
Requirement of Legal undertaking in SEZ – Statutory Provision
Requirement of Legal undertaking in SEZ under GST: The students are expected to gear up to enhance their perceptive knowledge and involve in capacity building initiatives.
TDS Provisions under GST – Everything you need to know about
TDS Provisions under GST: Tax Deduction at Source (TDS) under GST TDS is one of the modes/methods to collect tax, under which, certain percentage of amount
Unique features of GST, Check goods and service tax features 2021
Unique features of GST: As compared to the earlier law, Integrated GST, Anti Profiteering provisions and Matching concept are unique features of GST. IGST has
Supply of goods by artist in various states to art galleries
Supply of goods by artist in various states to art galleries. The question here is regarding taxation of the supply of art works by artists in
TDS Payment under GST – How can I discharge my TDS liability?
TDS Payment under GST: This TDS is different from TDS under Income Tax Act. If a transaction is covered under bth GST Act and Income Tax
GST Rate on food and beverages, Rate of gst on Food & Beverages
GST Rate on food and beverages: Assigning GST rates for hotels and restaurants against annual turnovers is a progressive move by the authorities. One of the
Negative List of Supply, Non Taxable Supply, Exempt Supply in GST
Negative List of Supply, Non Taxable Supply, Exempt Supply under GST: As per section 7(2) (a), activities or transactions specified in Schedule III, shall be
GST Composition Scheme for Services 2021 (Conditions to claim)
GST Composition Scheme for Services 2021, Conditions to claim GST Composition Scheme for Services. The Government has introduced a composition levy under GST Law to
Amortarisation of Cost of Moulds and Dies treatment under GST Law
Whether amortisation cost of Dies & Moulds supplied on Free of Cost (FOC) to Components Supplier to be included in the cost of the components
GST Collection in April 2021 scales record high of Rs 1.41 lakh crore
GST Collection: The Gross GST Revenue in the month of April 2021 is at a record high of Rs. 1,41,384 crore is CGST. 27,837 crore,
OIDAR Services in GST: Registration, ITC, Time of Supply, Returns
OIDAR refers to Online Information Data Base Access and Retrieval Services in GST, the tax implications are different for these services compared to the other
Composition Scheme | Turnover Limit | Merits, Demerits, Provision
Composition Scheme under GST: The composition scheme under the GST regime is a method of levy of tax designed for small taxpayers whose turnover is
How to File GSTR 1 for Outward Supplies, How to File GST Return
As per GST law, every registered taxable person is required to submit “Details of Outward Supplies” in GSTR-1. This return is required to be filed
GST Impact on Works Contract – How Will GST Impact Works Contract?
GST Impact on Works Contract, How Will GST Impact Works Contract?: Detailed Guide for Works Contract under GST Regime..Works contracts are composite contracts involving material and
Input Tax Credit on CSR Spending by Companies – In Detailed
Input Tax Credit on CSR (Corporate Social Responsibility) related expenses has remained a controversial area since introduction of GST in the Country. Apart from different
Common Queries Asked by Existing Taxpayers for GST Registration
Common Queries Asked by Existing Taxpayers for GST Registration at New GST Portal. GST Migration Process is Started and Many Existing Taxpayers are still confused
GST Refund Rules 2021 – Refund of tax, interest, penalty, fees or any other amount
GST Refund Rules 2021: “refund” includes refund of tax paid on zero-rated supplies of goods or services or both or on inputs or input services
Section 34 of GST – Credit and debit notes with introduction
Section 34 of GST – Credit and debit notes. Everything you want to know about for GST Section 34, this section is provide all details
Section 153 of GST – Taking assistance from an expert
Section 153 of GST – Taking assistance from an expert. Complete Details for GST Section 153 as per GST Act 2017. In this GST Section
किस पर लगेगा Tax, किसे मिलेगी छूट, ये है GST की पूरी ABCD
किस पर लगेगा Tax, किसे मिलेगी छूट, ये है GST की पूरी ABCD: 30 जून की आधी रात से देश में जीएसटी लागू हो गया