GST Composition Scheme for Restaurants: Conditions, Turnover
GST Composition Scheme for Restaurants: The Government has introduced a composition levy under GST Law to simplify the taxing mechanism for small taxpayers to keep up
CGST
GST Gains and Pains on Rates, Registration, Compliance, TRAN
GST Gains and Pains on Rates, Registration, Compliance, TRAN. However, indirect taxation in India has witnessed a paradigm shift on July 01, 2017 with usherance into
Employee Employer Transactions under GST – Recent Advance Ruling
Employee Employer Transactions under GST – Recent Advance Ruling. “Employees who believe that management is concerned about them as a whole person – not just an
Practical Implications of Works Contract Under GST with Examples
Practical Implications of Works Contract: GST rollout w.e.f 01st July 2017 was a planned event for ministry and department, but all most all business entity
Impact of advance ruling on export of services, Impact on IT Industries
Impact of advance ruling on export of services: Recently Maharashtra Authority for Advance Ruling holds that back office support services is in nature of intermediary services.
Seven Key issues in GST (Goods and Services Tax) – Detailed Analysis
Seven Key issues in GST: Even after almost four month of the launch of GST in India, people and businesses are still struggling to accept
Clarification on various doubts related to treatment of sales promotion schemes (Pharmaceuticals, FMCG Industry etc..) under GST
Clarification on various doubts related to treatment of sales promotion schemes (Pharmaceuticals, FMCG Industry etc..) under GST. It has been noticed that there are several
Surrendering Trade Name – Key to Concession under GST?
Surrendering Trade Name – Key to Concession under GST?: The famous Shakespeare quote, “What’s in a name?” has lost its’ relevance in the present day
Clarification regarding applicability of GST on additional / penal interest
Various representations have been received from the trade and industry regarding applicability of GST on delayed payment charges in case of late payment of Equated
Place of Supply Matrix of Goods and Services Under GST
Place of Supply Matrix of Goods and Services Under GST with Various Situations and Explanation. Check Complete Rules for Place of Supply under Goods and Services
Zero Rated Supplies in GST 2021 – is there a need for Relook?
Zero Rated Supplies in GST 2021: The concept of zero rated supply in the context of the Indian GST system revolves around supplies of goods
Rulings by AAR and AAAR under gst With Detailed Explanation
Rulings by AAR and AAAR: Greetings to all ! A legally constituted body called Authority for Advance Ruling (AAR) can give a binding ruling to
Audit under GST – Special Audit, Types of Audit, Procedure 2021
Special Audit under GST 2021: GST is a trust based taxation regime wherein the assessee is required to self-assess his returns and determine tax liability
Functions entrusted to a Panchayat, municipality, Govt under GST
Functions entrusted to a Panchayat, municipality, Govt under GST. The GST aims to provide a more simplified tax regime, wherein plethora of Central and State taxes
Compulsory payment of GST under Reverse Charge
Compulsory payment of GST under Reverse Charge: As per Notification No.10/2017 relating to payment of IGST and Notification No. 13/2017 relating to payment of CGST
E-Way Bill Rules & Compliance In GST – Understand In Simple Language
Applicability: Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees. (However the registered person or, as the case may
JSON errors faced by users when uploading invoices to the GSTN portal
JSON errors faced by users when uploading invoices to the GSTN portal. Over the last few days, lakhs of users processed lakhs of invoices and thousands
Transition Provisions under CGST Act & Transition Rules 2021
Transition Provisions under CGST Act, 2019 & Transition Rules 2019. The section numbers referred to in the Chapter pertain to CGST Act, unless otherwise specified.
CGST Notifications updated 2021, Central Tax Notifications
CGST Notifications, Central Tax Notification under GST Regime 2021. Download Latest CGST Notifications in Hindi and English Languages updated upto 14th June 2021. As the
Exports under GST – Drawback, Refund of IGST, Export Procedures
Exports under GST: The purpose of this article is to bring clarity about the impact of GST, which would come into force with effect from 01.07.2017,
How to Make GST Payment: Step by Step Guide with Screenshots
Make GST Payment: As India is moving towards digitisation, GST have provided an easy and simple way of payment of taxes. Under GST regime, all
Margin Scheme in GST – All you need to know about Margin Scheme
Margin Scheme in GST: Normally GST is charged on the transaction value of the goods. However, in respect of second hand goods, a person dealing
Debit Note under GST – Intro, Meaning, Format, Tax liability
Debit Note under GST – Where a tax invoice has been issued for supply of any goods or services or both and the taxable value
Rent a Cab in GST – Unfolding the Mystery (A Detailed Analysis)
The Word Rent a Cab has not been defined in the CGST Act, 2017 . The Word has been used in CGST Act 2017 only
GST Overview, Goods and Service Tax Overview With Example
GST Overview, Goods and Service Tax Overview With Example. The GST shall have two components: one levied by the Centre (hereinafter referred to as Central GST),
Key Definitions Under GST, Definition of various key words in GST
Terms under GSY, Definition of all Important terms used in GST regime. Key Definitions Under GST, Definition of various key words used in GST, Check
What is IGST – Integrated GST (Integrated Goods and Services Tax)
What is IGST – Integrated GST (Integrated Goods and Services Tax). Everything you want to know about IGST. Check out Complete details for IGST 2021.
Salient Features of GST – Scope of GST, Subsuming of Taxes, IGST
Salient Features of GST: List of all Silent Features of Goods and Service Tax (GST). In this article you may find all Features of GST Like
Introduction of GST, Meaning of GST and Purpose of GST – Analysis
Introduction of GST: GST is one of the biggest tax reforms in India aiming to integrate State economies and boost overall growth by creating a
National Anti Profiteering Authority in GST: Powers, Duties, Investigation
National Anti Profiteering Authority in GST: Any reduction in rate of tax on any supply of goods or services or the benefit of input tax