GST

  • GST

DRC-03: Applicability and Procedure to pay Additional Tax

DRC-03 is a form required by the GST law to be filed for voluntary tax payments made in response to…

2 years ago
  • GST

Reverse Charge: Buying from Unregistered Dealers | Section 9(4) of CGST Act

Indian GST is a comprehensive indirect tax on the manufacture, sale, and consumption of goods and services. The Indian government…

2 years ago
  • GST

Anti-Profiteering Rules: Complete Guide

As an anti-profiteering measure, it is required to pass on the benefit of a lower tax rate or an input tax…

2 years ago
  • GST

CGST Rules: Chapter 5 – Input Tax Credit

The most recent update of Input Tax Credit 28th May 2021: STR-6 is to be filed on the last day…

2 years ago
  • GST

Inverted Duty Structure under GST

The term "inverted duty structure tax" refers to a situation in which the tax rate on inputs is higher than…

2 years ago
  • GST

Impact of GST on Insurance and Banking

Both the insurance and banking sectors are expected to become more expensive from July 1 due to a jump in…

2 years ago
  • GST

Difference between GSTR-2A and GSTR-2B

The following two forms of auto-populated returns/statements have recently been established under the Goods and Services Tax – GSTR-2A –…

2 years ago
  • GST

GST on commission and brokerage

Regardless of the taxpayer's turnover limits, GST registration applies to all commission and brokerage revenue. Who acts as a broker…

2 years ago
  • GST

Impact of GST on works contract

A works contract is primarily a service contract with the possibility of item supply as part of the contract's execution.…

3 years ago
  • GST

GST Registration certificate: How to download it from GST portal

GST Registration Certificate is given to GST-registered individuals. Those that have a GST registration certificate are expected to show it…

3 years ago