Offences and Penalty Provisions under GST

02 Nov, 2020

The Indian government decided to launch GST with many objectives like simplification and bringing order in Indirect tax regime of the country. Also it aims...

GST

ITC Rules for Input Service Distributor under GST

Ashish M. Shaji

12 Nov, 2020

We have discussed in our previous article about Input Service Distributor. It means an office of the supplier which receives tax invoices relating to...

GST

Change in Contract Price after GST Implementation

Ashish M. Shaji

31 Oct, 2020

GST has been implemented from 1st July 2017, but still, there are many topics which need further clarification. Many taxpayers are confused as to how to p...

GST

Treatment of Returned Goods & Goods Sent on Approv...

Ashish M. Shaji

31 Oct, 2020

In a normal business cycle, many times goods are returned by the recipient of such goods based on various reasons. Sometimes dealer has Returned Goods...

GST

ITC Provisions for Fresh Registrations under GST

Ashish M. Shaji

31 Oct, 2020

In this article we will talk about ITC provisions relating to dealers who were not registered under any of the previous laws like Central Excise Act, 1944...

GST

What is a Credit Transfer Document under GST?

Ashish M. Shaji

31 Oct, 2020

With the implementation of Goods and Service Tax from 7th July 2017 one of the major concerns of dealers is about the transition from old laws to GST. T...

GST

Dual Pricing Ban in India –Initiatives Taken by Gover...

Ashish M. Shaji

30 Oct, 2020

Dual pricing is the practice of setting prices at different levels. Dual pricing may be used to accomplish a variety of goals, such as to gain entry into a...

GST