Major Relief provide to GST Taxpayers in 43rd GST Council Meeting
The 43rd GST Council meeting held on 28th May 2021 and recommend the major relief to the taxpayers which are...
GST
ITC in case of Zero Rated supplies even if final product is nil rated supplies
No need to do reversal of ITC in case Zero rated supplies even if final product is nil rated supplies...
Works contract under GST – Analysis and Tax Rates
Definition of works contract under GST- Section 2(119) CGST ACT 2017- defines works contract as contract for- -Building -Construction -Fabrication...
Items/Income other than Sales/Service Receipt – GST Implication
There are many items which has different treatment in Income tax v/s treatment under GST Laws. So while auditing we...
Basics of Input Tax Credit (ITC) under GST
This article deals with the concept of Input Tax Credit (ITC) under GST. What is Input tax Credit, how it...
Documents required for GST Registration
A. In case of Proprietorship Firm:- 1. Pan card and Photograph of Proprietor. 2. Mobile No. & Email Id of Proprietor. 3....
Generation of GSTR-2B for April 2021
Generation of GSTR-2B for April 2021 17/05/2021 Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the details...
Practicing advocates exempted from service tax/GST, should not have to face harassment from GST Department
The Hon’ble Orissa High Court in Devi Prasad Tripathy v. the Principal Commissioner CGST and Central Excise quashed the notice demanding...
GST: ITC for packing materials consumed in packing of Exempted/Nil rated/Zero rated & Non GST supplies
GST: Input Tax Credit (ITC) for packing materials consumed in packing of Exempted/Nil rated/Zero rated & Non GST supplies; Under...
GST on Sale and Lease back transaction
Nowadays, the Business houses are entering into sale and lease back transaction of capital assets in order to meet the...