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CGST

Margin scheme for buyer and seller of old second hand goods

June 29, 2021

Margin scheme for buyer and seller of old second hand goods: Law is made to solve various problems. GST too was rolled out to resolve various business & economic issues. GST is not only

Refund of taxes charged on supplies to SEZ – Statutory Provision

June 29, 2021

Refund of taxes charged on supplies to SEZ: Section 54 of the CGST Act, 2017 read with Rule 89 of the CGST Rules, 2017 lays down

Overview of the provisions of e-way bill, salient Features of E-Way Bill

June 29, 2021

Overview of the provisions of e-way bill: On introduction of GST w.e.f. 1-7-2017, many States have removed the physical barriers at State border for transport of

An Introduction for Classification of goods and services in GST

June 29, 2021

An Introduction for Classification of goods and services under GST Regime: The term “Classification” is defined as systematic arrangement in groups or categories according to

Home buyers – Split the contract and pay less GST? with Example

June 29, 2021

Home buyers – Split the contract and pay less GST?: The charging of tax on the provision of works contract service for construction of a

Registration of GST with practical issues – A detailed analysis

June 29, 2021

Registration of GST with practical issues: Every one know that GST registration is required the moment you cross threshold limit of Rs. 40 lacs and

Deemed Export in GST – Latest Notification by CBEC

June 29, 2021

Deemed Export under GST: India offers a well-structured tax system for its population. Taxes are the largest source of income for the Government. This money is

TDS Certificate & Benefit of TDS to the deductee (All Details)

June 29, 2021

TDS Certificate & Benefit of TDS to the deductee: The deductor shall, in the manner prescribed, furnish to the deductee a certificate mentioning therein the

GST TRAN 1 Do’s and Don’ts, Troubleshooting GST TRAN 1 issues

June 29, 2021

GST TRAN 1 Do’s and Don’ts, Troubleshooting GST TRAN 1 issues. Every registered person who is eligible to take credit of eligible duties and taxes paid

GST Composition Scheme for Restaurants: Conditions, Turnover

Updated on: July 26, 2021

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

GST Gains and Pains on Rates, Registration, Compliance, TRAN

June 29, 2021

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

June 29, 2021

Employee Employer Transactions under GST – Recent Advance Ruling. “Employees who believe that management is concerned about them as a whole person – not just an

Exports under GST – Drawback, Refund of IGST, Export Procedures

June 29, 2021

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

June 29, 2021

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

June 29, 2021

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

June 29, 2021

Debit Note under GST – Where a tax invoice has been issued for supply of any goods or services or both and the taxable value

Audit under GST – Special Audit, Types of Audit, Procedure 2021

June 29, 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

June 29, 2021

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

June 29, 2021

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

June 29, 2021

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

June 29, 2021

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

June 29, 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

June 29, 2021

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

Rent a Cab in GST – Unfolding the Mystery (A Detailed Analysis)

June 29, 2021

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

June 29, 2021

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

June 29, 2021

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)

June 29, 2021

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

June 29, 2021

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

June 29, 2021

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

June 29, 2021

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

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