GST Articles

GST Full Form and Meaning

Mitali 09 January 2024 at 15:51

GST stands for Goods and Services Tax, is a comprehensive indirect tax levied on the supply of goods and services in India.

GST Drive Exposes 29,273 Bogus Firms in Massive Tax Evasion Scandal

CA Aman Rajput 09 January 2024 at 08:40

In a significant move to combat frauds in the Goods and Services Tax system and enhance compliance, the GST formations under the Central Board of Indirect Taxes and Customs (CBIC) and State/UT Governments have executed a relentless drive against non-existent taxpayers since May 2023.

Discounts and Incentives - Implications under GST

CA Roopa Nayak 08 January 2024 at 12:09

BackgroundIn GST regime, the dept has been issuing notices, making tax demands on discounts and incentives given to the suppliers, especially in context of deal..

Special procedure to be followed by a RP engaged in manufacturing of certain goods

CA Amit Harkhani 08 January 2024 at 10:02

SPECIAL PROCEDURE TO BE FOLLOWED BY MANUFACTURING OF FOLLOWING GOODS

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..