GST Articles

Common issues raised in GST dept audit

CA Roopa Nayak 15 May 2023 at 11:13

In the course of audit done by dept under section 65 of the CGST Act, certain issues/objections could be raised. The assesses have to carefully examine the matter, give their explanation.

GST Automated Return Scrutiny Module

Harsh Kaushik 15 May 2023 at 08:53

GST Automated Return Scrutiny Module has been designed to select the GST Returns for the process of scrutiny. Its an effective tool to select the GST Returns based on the data analytics and system identified hazards.

Decoding CBIC's Automated Return Scrutiny Module (ARSM) for GST returns

Abhishek Raja 13 May 2023 at 14:51

The Central Board of Indirect Taxes and Customs (CBIC) has rolled out an Automated Return Scrutiny Module (ARSM) for GST returns. The ARSM is a non-intrusive means of compliance verification that allows tax officers to scrutinize GST returns of Centre Administered Taxpayers (CATs) selected on the basis of data analytics and risks identified by the system.

How is GST treated in relation to employee notice pay recovery?

Ishita Ramani 13 May 2023 at 14:51

In this article, we will discuss the effects of GST on employee notice pay recovery, its applicability, and the treatment of GST on such recoveries. But first, let's review GST (Goods and Service Tax).

Amnesty Scheme: GSTR-4 Annual

CA Ashutosh Khaitan 13 May 2023 at 08:57

Form GSTR-4 (Annual) is annual return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act.

Amnesty Scheme: GSTR-4 [Quarterly]

CA Ashutosh Khaitan 12 May 2023 at 09:02

Form GSTR-4 is a return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act for every quarter. This form was applicable from July-Sep 2017 till Jan-Mar 2019 and filed on quarterly frequency.

All-India Drive to Detect Fake GSTINs: Ensuring Compliance to Safeguard Government Revenue

Rashmi 12 May 2023 at 09:02

To combat the presence of suspicious and fake GSTINs (Goods and Services Tax Identification Numbers) in the GST eco-system, a Special All-India Drive has been launched by both Central and State Tax administrations.

How to Effectively Handle a Show Cause Notice in GST

CA Rakesh Ishi 11 May 2023 at 15:23

When you receive a Show Cause Notice (SCN), take your time to carefully read and understand the allegations made against you.

Amnesty Scheme: GSTR-9

CA Ashutosh Khaitan 11 May 2023 at 09:11

Form GSTR-9 is Annual return that is required to be filed by Regular taxpayers [Including SEZ unit/SEZ developer for each financial year. The purpose of this return is to provide details of all purchases, sales, Input tax credit, payments, demands, refunds made during the complete financial year.

Transforming GST Compliance: Advanced AI and Data Analytics Power Automated Return Scrutiny

Rashmi 11 May 2023 at 09:11

The Goods and Services Tax (GST) department is set to implement an advanced artificial intelligence and data analytics system to scrutinize GST returns and monitor any discrepancies.