GST Impact on cost of production and distribution (Automobile Sector). The automobile industry has its own complexity-longer investment cycle, development of vendors etc. Automobile Dealer is
Advance Ruling on Construction of Solar Plant with Case Law Study: Advance ruling mechanism under GST is at the state level and here, we have
GST effect on Gold Jewellery, Impact of GST on Gold Jewellery 2021. GST Rates on Gold Jewellery, HSN and SAC Codes Before going into the
Input Tax Credit: According to Section 16 (1) of CGST Act, 2017: Every registered person shall, subject to such conditions and restrictions as may be
GST Transitional Provisions, GST Transition Rules: Every registered person who is eligible to take credit of eligible duties and taxes paid under existing laws in
Charging and Collection of Tax under CGST Act 2017 with Schedules. Charging of tax is the basic of GST on which rates of GST shall be
Some Important Aspect for GST: GST is basically an indirect tax that brings most of the taxes imposed on various goods and services at the point
GST Practitioners exam to be held on 7th Dec 2018. Examination for Confirmation of Enrollment of GST Practitioners to be conducted on 7th December 2018 at designated Examination
Refund of Unutilised Input Tax Credit Under Goods & Services Tax: Section 54(3) of CGST Act, 2017 states that, subject to the provisions of section 54(10),
Download GST Offline Tools 2021 for GST Returns, Input Tax Credit, Advance Ruling etc. CBEC release various GST Offline tools for smooth GST filing, you
Decisions taken on Services at 20th GST Council Meeting: With the biggest Indian economic reform already in place for almost 2 months, we can now
Introduction of GST, Applicability of GST in India: Goods and Services tax (GST) has been identified as one of most important tax reforms post independence.
Available CENVAT Credit in GST on Capital Goods, Inventory, Goods Return. Check provisions for CENVAT Credit Availability in GST Regime. In this article you may check provisions for Available of CENVAT
VAT vs GST, Current Tax Structure and proposed GST Regime: Difference between GST and VAT. Key changes between the current Tax Structure and proposed GST Regime,
Valuation of Supply under CGST Act 2017 and Rules thereof. Value for supply of goods and services is important part of GST. For valuing any
Electronic sealing – Deposit in and removal of goods from Customs bonded Warehouses. The Warehouse Regulations prescribe the affixation of a onetime-lock for transport of
Matching of Input Tax Credit (ITC) under GST: Input credit means at the time of paying tax on output, you can reduce the tax you
An insight of section 35(1) and rule 56 of GST: GST shall be levied on supply of goods or services or both on the transaction
TDS Return under GST: Deductor is required to file return electronically to Government. The return is to be filed in prescribed form and manner within ten
FAQs on Making GST Payment via Credit, Debit Card, NEFT, Offline. Check out various Question and answers related to making GST Payment via online and
FAQ’s on Application to Opt for Composition Scheme. Can I opt for the composition scheme. You can opt for the composition scheme if you are a
FAQ on GST Payment Failure, Queries related to GST Payment Failure. check out various question and there answers arise when you make gst payment and
FAQ on Cooperative Society under GST Regime. FAQs on levy of GST on supply of services to the Co-operative society- reg. The power is one of the
What is Form GSTR-7?: Form GSTR-7 is a return which is required to be filed by the persons who deduct tax at the time of
How can I file “Nil” GSTR-3B return?: ‘Nil’ return may be filed by you for a particular tax period, if you have not made any outward
Dual GST in India – Meaning, Provisions in Hindi with Example.”क्या भारत में लगने वाला जी.एस.टी. एक दोहरा कर है”. Dual GST – Meaning, Provisions &
GST on Construction of Solar Power System / Plant: Recently Authority of Advance Ruling (AAR) in the state of Maharashtra has given an order confirming
Job Work under GST: Sec 2(68) “Job work” means any treatment or process undertaken by a person on goods belonging to another registered person and the
TCS under GST – The GST provisions provide for the applicability of TCS provisions under Section 52 of Chapter X of the CGST Act. Such provisions
Breaking Amendments Proposed by the GST Council in its 28th Meeting: 28th meeting of the GST Council held in the month of July 2018 is