GST Articles

GST Practical Problems: Cross Claim of ITC Explained

Posted by CA Sudhir Halakhandi 02 March 2020 11129 Views

Facing GST issues like incorrect ITC claims? Learn about the cross-claim of IGST as CGST/SGST and its implications. Discover potential solutions.

GST Problems Need Urgent Solutions for Indian Economy

Posted by CA Sudhir Halakhandi 02 March 2020 29135 Views

Discover the critical GST issues facing Indian businesses and the economy. Learn about proposed solutions for technical errors, interest, late fees, and more.

Documentation under GST audit

Posted by CA Subba Reddy Bonam 29 February 2020 19623 Views

Audit documentation is the written record (including electronic record) prepared during the course of audit which forms foundation for auditor's in preserving the various observations identified during the audit, acts as a proof of performance of audit and safeguard the auditor at the time of dispute.

GST Interest on Gross Tax: Understand Your Rights

Posted by Seetharaman K C 26 February 2020 12675 Views

Facing GST interest demands on gross tax? Discover your rights and recent court rulings clarifying interest on net tax after ITC. Learn more!

Avoid Fake Invoices: Income Tax & GST Penalties Explained

Posted by CA Umesh Sharma 26 February 2020 18069 Views

Discover penalties for false entries in Income Tax & GST. Learn about fake invoices and how to avoid hefty fines and litigation. Read now!

GST on Lottery Tickets: New Rates & Rules Explained

Posted by CA Amit Harkhani 26 February 2020 11695 Views

Understand the GST rates and rules for lottery tickets, including actionable claims, valuation, invoicing, and place of supply. Get the facts now!

Who Can Avail GST Letter of Undertaking (LUT)?

Posted by Charmi Doshi & Co. 25 February 2020 5437 Views

Discover who can use a GST Letter of Undertaking (LUT) for exports without paying IGST. Learn eligibility, conditions, and alternatives.

Stop GST Interest on Gross Liability: PM Urged

Posted by Guest 24 February 2020 18941 Views

Taxpayers urge the Prime Minister to halt interest collection on gross GST liability, citing unfairness and complexity. Learn more about the issue and proposed solutions.

Bombay HC issues notice in writ challenging Rule 89(5) denying refund of 'input services' under inverted duty structure

Posted by Bimal Jain 22 February 2020 12458 Views

Facts:M/s Raymond UCO Denim Private Limited ('Raymond' or 'the Petitioner'), approached the Hon'ble Bombay High Court challenging the vires of Rule 89(5) of the CGST Rules, 2017('CGST Rules') on the ground that it runs contrary to the provisions of S