Immovable property plays a significant role in determining the classification of a contract as a works contract under GST. A works contract under GST must […]
GST
Understanding GST Enforcement: Inspection, Search, and Seizure Explained
In any tax administration, the provisions for inspection, search, and seizure are essential to protect the interests of genuine taxpayers. Tax evaders, by avoiding their […]
Understanding ISD and Cross Charge Under GST: A Complete Guide
Input Service Distributor is defined under section 2(61) of the CGST Act. It refers to an office of the supplier of goods or services or […]
GST Appellate Tribunal and Appeals Mechanism: A Comprehensive Overview
The Goods and Services Tax, introduced in July 2017, transformed the indirect taxation landscape of India. It was envisioned as one of the most ambitious […]
Scrutiny Assessment under GST: How to Respond to ASMT-10 Notices Effectively
The Goods and Services Tax system in India brought with it a robust framework for compliance and monitoring. Among the various mechanisms adopted to ensure […]
Income Tax vs GST: Key Differences, Overlaps, and Legal Insights
India follows a dual taxation structure where both the Central and State Governments levy taxes on different economic activities. Two major components of this structure […]
Composite and Mixed Supply Rules under GST: Avoiding Errors in Classification and Taxation
The Goods and Services Tax (GST) in India was introduced as a destination-based indirect tax system aimed at unifying multiple taxes into a single framework. […]
Impact of GST on Transport and Logistics: A Practical Guide for Goods Transport Agencies (GTA)
The landscape of indirect taxation on Goods Transport Agency services has witnessed a series of shifts, resulting in a mixture of complexities and compliance challenges. […]
How to Claim Inverted Duty Refund under GST – Complete Process Guide
In the context of Goods and Services Tax (GST), the term Inverted Duty Structure refers to a situation where the rate of tax on inputs […]
Complete Step-by-Step Process to File GSTR-4 Under GST Composition Scheme
The Goods and Services Tax (GST) regime in India has introduced a unified indirect tax system to streamline taxation across goods and services. For small […]
GST Compliance Timeline 2024-25: Annual, Quarterly, and Monthly Filing Obligations
The Goods and Services Tax framework has standardized indirect taxation across India, yet compliance remains one of the most complex responsibilities for businesses. The government […]
Mastering GST Compliance: Place of Supply Provisions with Illustrative Cases
Goods and Services Tax is structured as a destination-based system, meaning the levy is imposed where goods or services are consumed rather than where they […]
GST Compliance Guide: Decoding Blocked Input Credit in Section 17(5)
The Goods and Services system introduced a uniform structure for indirect levies, aiming to ensure fluidity in the flow of credits across different stages of […]
GST Late Payment Interest Rules: What Businesses Must Know to Stay Compliant
The Goods and Services Tax framework is structured to promote timely compliance by registered taxpayers across India. To support this goal, the law includes provisions […]
Understanding GST on Corporate Guarantees: Rules, Circulars and Practical Insights
Corporate structures in India often involve parent companies supporting their subsidiaries through financial backing. One of the most common tools used in such support arrangements […]