GST on Second Hand Goods
Normally GST is charged on the transaction value of the goods. However, in respect of second hand goods, a person...
Articles
INSPECTION, SEARCH, SEIZURE AND ARREST UNDER GST
1. In any tax administration the provisions for Inspection, Search, Seizure and Arrest are provided to protect the interest of...
ITC Statement Form GSTR-2B, made available on GST Portal for taxpayers
ITC Statement Form GSTR-2B, made available on GST Portal for taxpayers 29/08/2020 1. GSTR-2B is an auto-drafted Input Tax Credit...
Input Service Distributor (ISD ) under GST
What is Meaning of Input Service Distributor (ISD )? Input Service Distributor (ISD) means an office of the supplier of...
Compensation Cess in GST
Introduction Goods and Services Tax (Compensation to States) Act, 2017 was enacted to levy Compensation Cess for providing compensation to...
Key Highlights 41st GST Council Meeting held on 27th August 2020
Key Highlights 41st GST Council Meeting held on 27th August 2020 In 41st GST Council Meeting it has been discussed...
Online Information Data Base Access and Retrieval (OIDAR) Service under GST
What is OIDAR? Online Information Database Access and Retrieval services (hereinafter referred to as OIDAR) is a category of services...
All about Special Audit in GST
Meaning of Audit “Audit” has been defined in section 2(13) of the CGST Act, 2017 and it means the examination...
Cancellation of GST Registration
Introduction The registration granted under GST can be cancelled for specified reasons. The cancellation can either be initiated by the...
Pure Agent under GST
Introduction The GST Act defines an Agent as a person including a factor, broker, commission agent, arhatia, del credere agent,...