GST Articles

Santa of GST stressed due to drop in Revenue

Posted by CA Umesh Sharma 24 December 2019 13602 Views

Read this beautiful conversation between Arjuna and Krishna where Krishna explains Arjuna why Santa of GST is stressed due to a drop in revenue. Krishna also explains what all gifts came out of stressed Santa's bag in the 38th GST Council meeting.

Step by Step GST Registration Procedure

Posted by Harshit Gupta 24 December 2019 27151 Views

In this article, you will read all the steps that one needs to undergo while applying for a GST registration, the information that you are required to provide, and all the documents that one has to submit prior to registration.

Cash refund of unutilized credit impermissible on closure of business

Posted by Bimal Jain 24 December 2019 13295 Views

The Larger Bench (LB) of Bombay HC rules in favour of Revenue, holds that cash refund u/s 11B of the Central Excise Act, 1944 (�the Excise Act�) is

GST implementation in India - Status check and Future roadmap

Posted by HARSHIT MURLIDHAR KAKWANI 23 December 2019 4881 Views

Introduction W.e.f July 1, 2017, India's new Indirect tax regime in the form of GST laws on the track of "One Nation - One Tax". The new regime is

Controversies in GST law

Posted by HARSHIT MURLIDHAR KAKWANI 23 December 2019 5022 Views

GST has yet not settled down. The return filing is in the mid-way, audit provisions are far to come, recovery from employees is becoming troublesome for the emp...

TDS & TCS under GST law

Posted by HARSHIT MURLIDHAR KAKWANI 23 December 2019 7351 Views

Date: July 1 2017. Newspaper: The Times of India. HEADLINES: GST; the way forward, now!Date: July 1 2017. Newspaper: The Economic Times. Headlines: The new GST ...

Checklist for Unadjusted advances at the end of financial year (Clause 5C of GSTR-9C)

Posted by CA Ruchika Tulsyan 22 December 2019 27889 Views

Unadjusted advances means advances against which GST has been paid but supply has not been made and same has not been recognized as revenue in the audited finan...

35th GST council decision - Detailed Analysis

Posted by Madhukar N Hiregange 22 December 2019 12230 Views

Summary of the Press release relating to the 35th GST Council Meeting held on 21st Jun�19. Disclaimer: -This material and the informa

GST: The Hype, Rules and Benefits of GST Returns in India

Posted by Akash Kumar 21 December 2019 4683 Views

The historic moment of July 1, 2017, saw the controversial launch of the goods and services tax or GST. Slightly above 24 months, since the launch, GST has been...

Unbilled Revenue at the beginning of financial year

Posted by CA Ruchika Tulsyan 21 December 2019 71025 Views

Checklist for 5B of Part II of GST Audit� Unbilled Revenue at the beginning of the financial yearBefore understanding the scope of this point, one need to