Articles by Madhukar N Hiregange

GST- Sales Promotion - Circular 92 dt.7.3.19 Analysed

Madhukar N Hiregange 15 March 2019 at 12:06

This circular was on sales promotional schemes and the availability of tax credit (ITC). It clarified the position of GST as under: A. Free Samples/ Gifts: In

Resident Welfare Association - GST

Madhukar N Hiregange 28 February 2019 at 12:02

BackgroundFormation of associations or unions is a fundamental right guaranteed by the Constitution to its citizens. Many clubs or associations are formed eith..

Summary of GST circulars issued on 18th Feb 2019

Madhukar N Hiregange 22 February 2019 at 11:12

SUMMARY OF GST CIRCULARS Details of inter-State supplies made to unregistered persons to be mentioned in GSTR -3B & GSTR -1(Circul

Analysis of Amendments in GST Act, Rules & Compensation to States Act

Madhukar N Hiregange 04 February 2019 at 10:58

Date � 02.02.2018 Index INTRODUCTION.. 2EXECUTIVE SUMMARY.. 4AMENDMENTS IN CGST

Update on GST January 2019

Madhukar N Hiregange 10 January 2019 at 11:31

Summary of recent Notifications and Circulars Based on the recommendations of the GST Council in its 31st meeting held on 22nd

Standards on Auditing - GST Audits

Madhukar N Hiregange 26 December 2018 at 11:53

The generally accepted auditing practices (GAAP) are those set out Internationally which enable comparison of financial statements post audit across the world t..

Common Errors : ITC (Documentation and Recording)

Madhukar N Hiregange 21 December 2018 at 10:57

BACKGROUNDThe primary focus of the industry at the time of introduction of GST was on implementation/modification of ERP module to suit GST requirements, appro..

Unregistered 'fixed establishment'- Impact in GST

Madhukar N Hiregange 11 December 2018 at 11:04

GST needs one to register in the State/s where one provides taxable supplies. (section 22)This is in line with the principle of registration in the place of con..

GST - Classification/ Exemption Errors - Catastrophic Costs

Madhukar N Hiregange 28 November 2018 at 11:51

There are mistakes in GST which impact business and there are mistakes which can close down the business. In this article we restrict to classification mistakes..

State GST Revenue Officers visits and subsequent Legal notices

Madhukar N Hiregange 27 November 2018 at 11:05

It has been observed that some State GST officers throughout India have started to visit the premises including to the Compliant Tax payers. Many of them are m..