GST Articles

GSTN to Notify ITC Reversal for GSTR-3B Non-Filing by Suppliers - Act by 30th Nov

CA Umesh Sharma 21 November 2023 at 09:05

Now GSTN Will Notify ITC Reversal For GSTR-3B Non-Filing By Suppliers; Reverse It By 30th Nov

GST Reconciliation: A Comprehensive Guide for Indian CAs, Accountants and Businesses

Aisha 20 November 2023 at 13:19

In this blog, we will discuss the importance of GST reconciliation, the challenges that businesses face, and how Suvit can help. We will also provide best practices for GST reconciliation and common mistakes to avoid.

GST on Personal & Corporate Guarantee

CA Akshay Hiregange 20 November 2023 at 10:02

The 52nd GST council has recommended clarity w.r.t personal guarantee given by a director and Corporate Guarantee including GST taxability on the same. This has been a long pending issue.

Hostels/PGs and GST exemption for residential accommodation

CA Roopa Nayak 20 November 2023 at 08:51

In this backdrop, the paper writer has examined GST exemptions available to this sector under GST,as well as whether GST would be liable on renting of residential accommodation as well as on hostels charging upto Rs.1000 per day per unit post 18.7.2022.

GST Refund on Export of Goods

CA Amit Harkhani 17 November 2023 at 09:46

The aim of Indian government is to increasing the output and quality of export from India in pursuance to the "Make in India" policy. Indian government also provide the many incentives to the exporters to boost export in India and in addition to incentives, government also provide many benefits as far GST is concerned. Like Refund of GST in export of goods or Service.

Navigating GST Considerations in Transition from Partnership to Private Limited: A Comprehensive Analysis

CA PRASANTH.K 16 November 2023 at 09:36

In a strategic move towards future growth and market positioning, businesses often undergo transformations, and transitioning from a partnership firm to a Private Limited Company is a significant journey.

Deadlines for ITC Claim and Reversal For FY 2022-23

Mitali 15 November 2023 at 15:27

To meet the deadline for the financial year 2022-23 and ensure compliance with GST regulations on Input Tax Credit (ITC), taxpayers should take some timely actions

Allahabad High Court Quashes Penalty on GST Assessee for E-way Bill Technical Breach

CA Aman Rajput 15 November 2023 at 14:30

The article will delve into the details of the case and the court's reasoning, emphasizing its implications on GST compliance.

Decoding GST in India: Simplifying the Goods and Services Tax (GST)

Usama Ansari 10 November 2023 at 08:46

In this article, we will decode the intricacies of GST, offering a simplified understanding of its concepts, registration process, benefits, and challenges.

Top 5 Govt. Clarifications and Notifications in taxpayer's interest made effective in Oct and Nov 2023

CA Shruti Singhal 06 November 2023 at 11:31

Top 5 government clarifications and Notifications in taxpayer’s interest made effective in Oct 2023 and Nov 2023