GST: New Rule 88D to deal with ITC mismatches in GSTR-2B and GSTR-3B
The GST Council in its 50th Meeting had inter alia recommended as under in regard to Mechanism to deal with…
Category: GST Articles
GST Compliance Calender for August, 2023
For ready reference of our readers we have compiled a GST compliance calendar containing the important dates for compliance of…
Hostel accommodation to attract 12 per cent GST: AAR
The AAR, while hearing a case of Karnataka-based Srisai Luxurious Stay LLP, said that only rent for residential dwellings would…
GST Council Meet on August 2: New definition / provisions regarding online gaming
The GST Council is likely to clarify the definition of online gaming, on which it had announced a 28 percent…
No GST on Loan given to credit card holders: Calcutta HC
Loan given to credit-card holders will not be different from normal loan and will not attract Goods and Services Tax (GST), Calcutta High Court…
GST Portal: New tab on Rule 86B, which restricts the use of ITC
Rule 86B was inserted vide notification number 94/2020 dated 22nd December, 2020 and was made effective from 1st January 2021. As…
GST: ITC time limit u/s 16(4) upheld, is independent of Sec 16(2)
The Andhra Pradesh High Court in its recent judgment in the case Thirumalakonda Plywoods v. The Assistant Commissioner has inter alia…
GST Rate Notifications issued on 26th July, 2023: All you need to know
The CBIC has issued various GST Rate Notifications dated 26th July, 2023 to give effect to the recommendation as discussed…
GST Council to clear online gaming taxation law changes on 2 August
The online gaming industry has expressed concerns about the impact of the tax on the sector. India is the world’s…
GST Rules Changing From August 1: You need to know
From 1st August 2023, in light of Notification No. 10/2023–Central Tax dated 10th May 2023 the e-invoicing is mandatory for…
GST on allocation of common expenses and cost of internally generated services
GST on allocation of expenses and cost of internally generated services by Head Office (HO) to Branch Office (BO) has…
Advisory issued on on e-Invoice exemption declaration functionality
Goods and Services Tax Network (GSTN) has issued an Advisory today on 24th July, 2023 on e-Invoice exemption declaration functionality…