Unveiling the Impact: Fake Invoices in GST
In the complex world of taxation, particularly under systems like the Goods and Services Tax (GST) and various income tax provisions, the use of fraudulent documents such as fake invoices…
Examining the Anti-Profiteering Clause in GST
Goods and Services Tax (GST) was introduced in India as a comprehensive indirect tax on the manufacture, sale, and consumption of goods and services throughout the nation. Its aim is…
Procedure for Appeal against Cancellation of GST Registration
Goods and Services Tax (GST) has transformed the Indian economic landscape since its implementation in July 2017. GST has brought about a uniform taxation structure, ensuring the seamless flow of…
GST | Income Tax | TDS
A Comprehensive Guide to Tax Implications on Renting of Property: TDS, GST & Income Tax Discussed
Navigating the vast and intricate world of finance can be both challenging and enlightening, especially when it comes to understanding rental properties and the ensuing tax implications. This article serves…
GST Process & Procedure in case of Amalgamation of Business
Amalgamation characterizes the unification of two or more companies to form a single, more extensive entity. It’s a strategic maneuver often undertaken to amplify the corporate entity’s market reach, attain…
Proposed Amendment to Section 74A to Streamline Assessment Proceedings under GST
Since its inception, the Goods and Services Tax (GST) has continuously evolved, seeking to simplify compliance while ensuring effective tax administration. The role of the GST Council is pivotal, introducing…
Timeframe for Job Work under GST, Consequences of Delay & Extension Procedure
In the diverse tapestry of India’s taxation framework, the Goods and Services Tax (GST) is a critical unifier of indirect taxes, streamlining the complexities into a more cohesive structure. Within…
Suo Moto Cancellation of GST Registration: A Comprehensive Guide
The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax system in India. It replaced several cascading taxes levied by the central and state governments. For businesses exceeding…
Rule 86B of CGST Rules: Restrictions on Input Tax Credit Utilization Explained
The realm of Goods and Services Tax (GST) in India has been continually evolving to plug loopholes and enhance compliance, ensuring a robust taxation environment. One important component of GST…
GST Time Limit Not Mandatory under Sec 62(2): Madras High Court
The Goods and Services Tax (GST) has changed the landscape of taxation in India, integrating various indirect taxes into a single streamlined system. However, the transition hasn’t been entirely smooth…
Best Judgement Assessment of Non-Filers under Section 62 of the CGST Act
In the landscape of the Goods and Services Tax (GST), compliance plays an essential role in the seamless functioning of this tax regime. GST is designed to streamline the process…
Risky Exporters in GST: Your Complete Guide to Procedures, FAQs, and More
In the complex world of international trade, understanding the nuanced roles that exporters play in the economy is vital. A term that often comes up in this context is “risky…