In today’s era, Warehousing Services under 3PL Arrangements play an important role in Supply Chain Management. For the growth of a business, Business Models like C&F on Commission basis or franchise based model of business are already in…
Central Board Indirect Taxes & Customs, GST Policy Wing has issued an Instruction to GST Departmental Officers vide Instruction No. 02/2024 dated 12/08/2024 to run a Drive on All India Basis to weed out fake registrations and/or non-existent/closed…
We are writing this article as per recent law amended w.e.f. 18/07/2022. There are three Type of services which are being used inter-changeably in general in the case of Transport Services through Land for persons :- Passenger Transport…
On 26/12/2022, CBIC brought in a new notification amending CGST Rules 2017 to insert a new rule in the law book, wherein, it has provided that Recipient of Goods or Services or both is liable to reverse ITC…
GST Law was brought into force w.e.f. 01/07/2017. With the introduction of law, certain services were kept under absolute exemption, some under conditional exemption and some were provided for a given period. However, following transactions were not kept…
The Finance Bill 2023 was presented in Lok Sabha by our Finance Minister Smt. Nirmala Sitharaman on 1st Feb 2023. Among other things, certain proposals were provided to amend GST Laws with respect to issues raised by industry…
W.e.f. 18/07/2022, the drastic change come across Transport Sector (Road). In this article, we will understand the GST tax structure for transporters providing GTA (Goods Transportation Agency) services by road (in short, GST on GTA service). Government has…
Even after completion of five years of GST laws implementation in India, still, things getting evolved. And, this evolution is in such manner that after five years, it is being imposed/applied with retrospective effect from very first day…
For the financial year 2022-23, due date of filing of GSTR-3B depends on various parameters. So, it is necessary to check all those parameters to decide the due date of filing the GSTR-3B for any tax period, failing…
“Intermediary” is a term which is widely used under GST and disputed on account of taxability specifically in case of international trade. In this article, an understanding on such term and its disputes are compiled. Legal Background Definition…
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