GST / Goods & Service Tax Archive
The issue of blocked IGST refunds due to various mismatches in case of Exports on payment of IGST was long pending. The biggest reason for such blockage was mismatch in invoice data between Customs EDI System, i.e., Shipping Bill details and GST Network data, i.e., details of Table 6A of GSTR-1. Procedure for resolution of …
Hello Everyone! Today we are sharing the highlights of proposed changes made as per discussions in the 22nd GST Council Meeting held on 6th October, 2017. Click here to download. The next GST Council Meeting will be held on November 9, 2017. Note: The proposed changes are yet to be notified. Stay tuned for more updates. By TEAM GST LAW …
Dear Readers, Transitioning into GST from the earlier tax regime is an activity necessary for all existing business. This transitioning is very important considering stakes involved in the same. Credit of most of taxes paid in old regime is available as GST-ITC in the new regime. Careful assessment of stocks is necessary in order to …
SCOPE OF SUPPLY UNDER GST In the GST regime, tax whether CGST, SGST or IGST is chargeable only when there is a “supply” of goods and/ or services. Thus it is imperative to understand the meaning of the term “supply”. Meaning and scope of “supply” is provided in Section 7 of the Central Goods and …
Dear Readers, In view of the GST Council meeting held on 9th September, 2017, the due date for filing of GST returns has been revised. The dates for furnishing GST Returns for July has been further extended. A press release to this effect has been released. The same is attached here. The relevant notifications are awaited. …
Dear Readers, With the recent Notification No. 29/2017 – Central Tax, dt- 5th September, 2017, the dates for GST return filing has been revised. Sharing herewith a revised calendar for compliances under GST for ease of reference. Click here to download
Dear Readers, In the month of September though the number of working days are less, a huge list of compliances exist under GST. Sharing herewith a calendar for compliances under GST for ease of reference. . Click here to download
ADVANCE RULING UNDER GST In the current times when it has been two months of GST regime, a number of situations which have come to fore where definitive clarifications are required and the law is not much of help. Also, there are unclear situations regarding which decisions were taken in the earlier regime having considerations …
Hello Everyone! Today we are sharing 10 point summary on “Goods or Services on which no Input Tax Credit is available“. Next, we would be sharing a 10 Point summary on “Apportionment of Input Tax Credit“, so stay tuned! We are happy to answer any queries you may have regarding GST. Thanks, Team GST Law India Read …
Hello Everyone! Today we are sharing 10 point summary on “Conditions for taking Input Tax Credit“. Next, we would be sharing a 10 Point summary on “Goods and Services on which no Input Tax Credit is available“, so stay tuned! We are happy to answer any queries you may have regarding GST. Thanks Team GST Law India Read here:
