GST Articles

Assessment and Audit under GST

CA MOHAN LAL KUMAWAT 08 January 2024 at 08:39

Goods and Services Tax (GST) is a comprehensive indirect tax that has been implemented in India to replace various indirect taxes like excise duty, service tax, VAT, etc.

Filing Options for GTA Taxpayers in GST

CA Kunal Jain 06 January 2024 at 14:06

The government has introduced new rules for Goods and Services Tax (GST) filings for Goods Transport Agency (GTA) taxpayers.

Rectification Wins: Madras HC Directs Disposal of GST Demand Based on Seigniorage Fee Discrepancies

CA Divyajeet Singh Sabharwal 06 January 2024 at 08:32

In a significant ruling for taxpayers, the Madras High Court directed the Revenue Authority to dispose of a rectification application within three months in a c..

GST Portal Functionalities for GTA Taxpayers: Detailed Analysis

CA Aman Rajput 04 January 2024 at 08:31

By this article, I want to share a detailed analysis on the functionalities made available on the Goods and Services Tax Network (GSTN) portal for Goods Transport Agency (GTA) taxpayers.

CBIC Instructions to deal with taxability in case of secondment of employees

Affluence Advisory 03 January 2024 at 14:32

In light of the recent judgement pronounced by Honorable Supreme Court in the case of Northern Operating Systems Private Limited (NOS), CBIC has issued Instruction No. 05/2023-GST to prescribe the manner in which adjudication with respect to taxability in case of secondment has to be dealt.

GST implications - Reimbursed Electricity Charges

CA Roopa Nayak 01 January 2024 at 09:03

BackgroundIn recent times, there has been spate of notices issued by GST dept demanding GST with interest penalty on the reimbursement of electricity charges, c..

Respond To Notice DRC-01

CA Ruby Bansal 28 December 2023 at 17:43

DRC-01 stands for "Demand and Recovery Certificate-01" is a form that is used by the officer under GST to issue a summary of the show cause notice to a taxpayer.

Minimum thirty days to be provided to reply to a GST SCN

VIVEK JALAN 27 December 2023 at 14:21

Going to Tribunal under GST requires 30% pre-deposit. Moving to High Court in each case requires hefty charges which may be affordable in some cases but not in all cases.

Higher GST charged by the Vendor: ITC as well as refund available to the recipient

VIVEK JALAN 27 December 2023 at 08:56

Consider the situation where the input product was chargeable only at the rate of 5% and assesses supplier mistakenly charged higher rate of 18% GST on input for final product, which is chargeable to lower rate of GST of 5%

Impact of Unnotified Form GSTR-2 on ITC Reversal: Analysis of Section 16(4) Time Limit for Belated ITC Claims

Ayush 26 December 2023 at 14:53

Let us take the case of Tvl.Kavin HP Gas Gramin Vitrak vide Order No. W.P.(MD).Nos.7173 and 7174 of 2023 and W.M.P.(MD)Nos.6764 and 6765 of 2023 dated 24.11.2023 to understand the impact of the unavailability of Form GSTR-2 on the Input Tax Credit (ITC) reversal and the analysis of Section 16(4) regarding the time limit for belated ITC claims.