Articles
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Section 17(5) of GST– List of Ineligible or Blocked ITC
‘Input tax credit’ means claiming the credit of tax paid on the purchase of goods or services or both which are used for providing output...
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GST on e-commerce explained with Restaurant example
With effect from 1st Oct 2018, e-commerce companies like Amazon, Flipkart etc were made liable to collect TCS (tax collected at source) at 1 %...
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Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns
Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns 24/01/2023 Recently, a functionality of “Automated Drop Proceedings” of GSTINs suspended due...
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List of Services covered under RCM in GST
According to Section 9 of the CGST Act, 2017, the government announced a few particular kinds of supplies of goods and services, or both, on...
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List of Goods covered under RCM in GST
According to Section 9 of the CGST Act, 2017, the government announced a few particular kinds of supplies of goods and services, or both, on...
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RCM under GST on Goods & Services
Section 9 of CGST Act, 2017 : Levy and Collection includes two major section of Reverse Charge Mechanism which is Sec 9(3) of CGST Act,...
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Classification Issue in Job work related to Alcoholic Liquor for levy of GST
When it comes to classification of food or food products, it is a contentious issue for the purpose of levy of Goods and Services Tax...
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Initiating Drop Proceeding by taxpayers
Advisory on “Initiating Drop Proceeding” by taxpayers 12/01/2023 Recently, a functionality of Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has been implemented on...
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Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns
Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns 16/01/2023 Recently, a functionality of “Automated Drop Proceedings” of GSTINs suspended due...