Articles by CA Akshay Hiregange

GST Applicability on SEZ Transactions

CA Akshay Hiregange 13 March 2025 at 08:35

Understand the GST applicability on SEZ transactions, including exemptions, compliance requirements and recent updates for businesses operating in Special Economic Zones

Invoice Management System (IMS)

CA Akshay Hiregange 10 March 2025 at 16:16

GST was introduced 8 years ago with an intention to simplify the business activities in India. Government and CBIC are now coming up with multiple mechanisms to facilitate the taxpayers with smooth compliance of law.

Changes and Compliances in GSTR 9 & 9C for FY 2023-24

CA Akshay Hiregange 20 December 2024 at 12:06

Considering the various changes in the GST law in the past year, this article aims to provide clarity on the filing of annual returns (Form GSTR 9) and reconciliation statements (Form GSTR 9C) along with required reconciliations, best practices, advanced issues & solutions and tips as applicable for the FY 2023-24.

70 GST Checkpoints for Financial Year End - March 2024

CA Akshay Hiregange 08 April 2024 at 11:59

In this article, we have highlighted 70 GST checkpoints that one may consider for the financial year end, i.e. March 2024 as a safeguard.

Guide to Electronic Credit Reversal and Re-claimed Statement (ECRRS)

CA Akshay Hiregange 22 January 2024 at 12:13

The Government has notified certain changes in Table 4 of Form GSTR-3B to enable taxpayers to report correct information regarding ITC availed, ITC reversal, ITC re-claimed, and ineligible ITC through Notification No. 14/2022 - CT. Circular 170/2022-CGST also was issued to clarify disclosure practices that can be followed.

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.

Changes and Compliances in GSTR 9 & 9C for FY 2022-23

CA Akshay Hiregange 12 October 2023 at 12:37

The department has started issuing notices and requesting for information by comparing data disclosed in GSTR 9/9C Vs GSTR 3B.

Clarity on ISD & Cross charge

CA Akshay Hiregange 05 October 2023 at 10:45

In this article we aim to bring out the clarifications, applicable timelines and also way forward for taxpayers under GST.

Intermediary Services remain in limbo

CA Akshay Hiregange 26 July 2023 at 14:06

In this article we understand the implications of the larger bench decision of Dharmendra M. Jani in the Hon’ble Bombay High Court and the way forward for such service providers.

GST Pre-Audit Advantages & Other Updates

CA Akshay Hiregange 24 May 2023 at 16:11

In this article we focus on certain advantages taxpayers can obtain through pre-departmental audits conducted by competent professionals.