Articles by Vivek Jalan

GST ITC: Time barring period for Claiming & Reclaiming

Vivek Jalan 29 July 2023 at 14:25

GST-ITC: Time barring period for claiming & Reclaiming - Impact of AP High Court decision in THIRUMALAKONDA PLYWOODS Vs THE ASSISTANT COMMISSIONER(2023-VIL-472-AP) dated 18th July 2023

Impact Analysis of Circulars & Notifications issued w.r.t. 50th GST Council Decisions

Vivek Jalan 18 July 2023 at 15:44

Analysis of GST - GST Circulars & Notifications dt. 17th July 23 w.r.t. 50th GST Council Decisions

GST return legal changes and precautions from January 2022

Vivek Jalan 27 December 2021 at 11:30

In this article we will discuss the said two amendments and how the taxpayers shall prepare for the changes from the coming return filing for the period Dec'2021.

GST refunds stuck due to difference between FOB value and CIF value: An analysis

Vivek Jalan 21 December 2021 at 13:20

It is seen that the CBIC and DGARM has held back many refunds of exporters due to the difference between the FOB Value of exports as reported in the Shipping Bills and the CIF Value as reported in the GST Invoices which also find a way in the Shipping Bill.

Valuation & provisional assessments under customs

Vivek Jalan 09 December 2021 at 09:52

Valuation is one of the most crucial aspect for an organisation engaged in import and export of gems, precious and semi-precious stones considering high value transactions.

Industry wise analysis of GST rate notifications applicable from 1st Oct 21

Vivek Jalan 04 October 2021 at 09:46

CBIC has issued Notification No's 06/2021 - Central Tax (Rate) to 12/2021 - Central Tax (Rate) to give effect to changes recommended in the rate of goods and services by the 45th Council Meet.

Clarification On Doubts Related To Scope Of Intermediary under GST

Vivek Jalan 23 September 2021 at 09:32

ANALYSIS OF CIRCULAR NO. 159/15/2021- GST: CLARIFICATION ON DOUBTS RELATED TO SCOPE OF "INTERMEDIARY"-REG.

Clarification In Respect Of Section 16(4) For Debit Notes under GST

Vivek Jalan 22 September 2021 at 09:32

ANALYSIS OF CIRCULAR NO. 160/16/2021-GST: CLARIFICATION IN RESPECT OF SECTION 16(4) FOR DEBIT NOTES, CARRYING PHYSICAL COPY OF E-INVOICE DURING TRANSPORTATION & REFUND OF GST ON GOODS WHERE EXPORT DUTY IS APPLICABLE

Clarification Relating To Export of Services-Condition (V) Of Section 2(6) of the IGST Act 2017

Vivek Jalan 21 September 2021 at 16:21

Whether the supply of service by a subsidiary/ sister concern/ group concern, etc. of a foreign company in India, which is incorporated under the laws in India, to the foreign company incorporated under laws of a country outside India, will hit by condition (v) of sub-section (6) of section 2 of IGST Act.

RoDTEP Scheme & Rates: Is it a fit case for invoking writs?

Vivek Jalan 24 August 2021 at 14:16

RoDTEP is a reform, based on the globally accepted principle that taxes and duties should not be exported, and taxes levied on the exported products should be either exempted or remitted to exporters.