CGST

Requirement of Legal undertaking in SEZ under GST: The students are expected to gear up to enhance their perceptive knowledge and involve in capacity building initiatives. They must make the best use of this opportunity to augment…

Benefits of GST in India, Check Benefits of Goods and Service Tax. Check GST Benefits. GST is expected to give a major relief to industry, trade, agriculture and consumers through a comprehensive and wider coverage of input tax set-off…

ISD under GST: Input Service Distributor (ISD) means an office of the supplier of goods or services or both which receives tax invoices towards receipt of input services and issues a prescribed document for the purposes of distributing the…

Reverse Levy on Supplies from Unregistered Persons under GST Regime. We welcome the Constitutional Amendment (GST) Bill passed by the Parliament. This is one of the biggest Tax reforms since Independence. Hopefully, GST will be implemented…

Valuation in GST: The Valuation under Central Excise law was very much complicated. Section 4 of the Central Excise Act dealt with valuation provisions and it provided that the duty should be paid on the Transaction value provided – (a)…

Kind of Assessment in GST: Assessment of GST returns have been defined in Chapter- XII under section 59 to 64 of the CGST Act, 2017. There are several types of assessment under gst which have been categories as below: Kind of…

According to Section 16 (1) of CGST Act, 2017: Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the manner specified in section 49, be entitled to take credit of input tax charged on…

All About the Concept of Distinct Person in GST, Distinct Persons by reference to how CGST Credit of one state cannot be used in other state. All About the Concept of Distinct Person in GST Under GST a new concept of distinct…

Really A Good and Simple Tax?: A tax should never be a fine for doing right. In these almost 9 months, the definition of “Good and Simple tax” has been changed so far. The multiple forms, poor technology and improper grooming of…

Steps by Step Guide to Make GST Payment: Tax Payment in GST Regime, Steps to Make GST Tax Payment at GST Portal i.e gst.gov.in. GST Payment procedure with screenshots...How to Make Tax Payment under GST Regime. check detailed procedure for…