GST Advisory

The CBIC, vide its Circular No. 189/01/2023-GST dated 13th January 2023, issued Clarification regarding GST rates & classification of certain goods on...

Special Valuation Branch, most commonly known as SVB, is a special unit of the Customs department that specializes in the investigation of the transactions...

There are a series of significant changes that have taken place wef 1st January 2023, such as the changes in the GST rates, banking rules, vehicle rules al...

CBIC has issued instructions on 28th  November 2022  vide Instruction No/ 04/2022  in respect of the manner of processing and sanction of th...

The Goods and Services tax, most commonly used as GST, was introduced to subsume the major indirect taxes and remove the cascading effect of the same. Howe...

Managing books of accounts under GST can be a tedious task for many. However, it is one of the significant compliances under the GST law. It is not only ma...

GSTR 2A reconciliation is a crucial process that helps different types of businesses to match the invoices and identify if there is any discrepancy. The pr...

The GST Act was implemented in 2017, providing all the cases wherein the GST shall be applicable. However, even after providing such clarification, there a...

Instances of fake GST registration have been reported in the last few months. The modus operandi for this involves using documents of another person and ob...

Under Section 61 of the CGST Act 2017, a proper officer can scrutinize a return and related particulars furnished by the registered person. This is done to...

The payment of the mandatory pre-deposit of 10% of the disputed amount of tax when filing an appeal under the GST tax system has long been a controversial...

The Central Board of Indirect Taxes and Customs (i.e., CBIC) has recently announced an increase in the goods and service tax rates (GST rates) on different...