Articles by Madhukar N Hiregange

Role of AAR- Making GST Law Uncertain?

Madhukar N Hiregange 01 September 2018 at 12:28

The GST law is no doubt a new and developing law. It is also a fact that it was a unique experiment merging VAT, Central Excise and Service tax in part and al..

Understanding "Aggregate Turnover" in GST

Madhukar N Hiregange 21 July 2018 at 11:38

GST is a new evolving law applicable to all types of business � trade manufacture or service. It could also apply to those who are

Understanding Input Tax Credit

Madhukar N Hiregange 21 July 2018 at 11:37

BackgroundThe Government as a part of a 40 years old unfinished agenda of implementing value added tax in India merged 11 indirect taxes of the Centre and State..

Understanding 'Aggregate Turnover' in GST

Madhukar N Hiregange 12 July 2018 at 16:44

GST is a new evolving law applicable to all types of business - trade manufacture or service. It could also apply to those who ar

1 Year of GST - Is it time for 2nd wave of reforms?

Madhukar N Hiregange 30 June 2018 at 13:25

Dear FM,Sub: GST Implementation � Is it time for next wave of GST reforms?The positives GST being enacted as a consensus effort of Sates and Centre is an

GST Revenue Officers - Visit to Compliant Tax payers premises

Madhukar N Hiregange 22 June 2018 at 11:25

It has been observed that the visits of revenue officers has started. The jurisdictional officer u/s 6(1) is ONLY supposed to come. We find both of them visit w..

Issues & solutions: Valuation, Classification, Exemption under GST

Madhukar N Hiregange 21 June 2018 at 11:10

Valuation: Deposit vs advances:Issue: Levy of GST on the deposits and advances liable? When amount is collected as deposit, then it is not taxable to GST

Draft Reply - Notice for difference in GST Input Credit

Madhukar N Hiregange 07 June 2018 at 11:01

The spate of notices on difference between GSTR 3B and 2B some of them allowing only 3 days time to reply mainly by the State GST officers in some States of

Connection Between VAT, Central Excise, Service Tax & GST

Madhukar N Hiregange 31 May 2018 at 11:14

The GST law is a mixture of the old indirect tax laws to a great extent. There are many provisions which are not as per the old provisions of VAT, Central Ex..

Some thorny issues in Tax credits in GST - Need for Govt to reform

Madhukar N Hiregange 10 May 2018 at 11:04

The credit provisions under GST is an amalgam of the Cenvat Credit provisions with some aspects of ITC borrowed from VAT. The cross credit between State and..