GST Articles

This Diwali, Celebrate with GST Firecrackers!

Posted by CA Umesh Sharma 29 October 2024 706 Views

Let's discuss some key important GST firecrackers that will help taxpayers in better compliance with GST law.

New Rule 47A - Time limit for Self-Invoice under RCM

Posted by CA. Shivam Agrawal 26 October 2024 7114 Views

I am writing to draw your kind attention to the insertion of new Rule 47A in CGST Rules, 2017 with effect from the 1st day of November, 2024, made by the CGST (Second Amendment) Rules, 2024 notified vide Notification no. 20/2024 - Central Tax.

Waiver of Interest and Penalty in terms of Section 128A of CGST Act

Posted by Affluence Advisory 26 October 2024 1706 Views

Section 128A of CGST Act provides for waiver of interest or penalty or both relating to demand under Section 73 of CGST Act pertaining to period July 2017 to March 2018, FY 2018-19, FY 2019-20.

Concept of TDS under GST in the Metal Scrap Sector

Posted by CA Piyush Agarwal 25 October 2024 6800 Views

The provisions for Tax Deducted at Source (TDS) under GST, as outlined in Section 51 of the CGST Act, were initially limited to government entities and public s...

Brevity: The Hallmark of Good Advocacy in Legal and Tax Replies

Posted by Abhishek Raja 24 October 2024 650 Views

In the complex world of legal and tax proceedings, the ability to communicate effectively is paramount. The adage "brevity is the hallmark of good advocacy" underscores the importance of conciseness in crafting replies to notices and appeals.

Safari Supreme Court Decision and ITC

Posted by CA Roopa Nayak 21 October 2024 1913 Views

In this article, the author has analyzed the implications latest Safari Supreme Court Decision.

Interpretation of the term 'As Is' or 'As Is, Where Is Basis' for regularizing the past period transactions

Posted by Affluence Advisory 21 October 2024 339 Views

In the recent circulars issued pursuant to 53rd and 54th GST council meeting wherein CBIC based on the recommendation of GST Council has clarified upon applicability of tax rate/classification or exemptions available in case of specified goods or services.