CGST

An Introduction for Classification of goods and services under GST Regime: The term “Classification” is defined as systematic arrangement in groups or categories according to established criteria. Under the given concept, the arrangement of…

Taxability and Valuation of Free Supplies is subject matter of Dispute. Term "Free Supply" is not defined under GST Act, however in general sense Free Supplies means supply of goods or services or both without any consideration. A) Free…

Job work and Its valuation In GST: In general, “job work” means process or work carried out on any raw material or semifinished goods supplied by the principal manufacturer to the job worker. Job work is a part or whole of the process which…

Input tax credit was allowed under Cenvat Credit Scheme and the same was allowed for utilisation for payment of duty / service tax on final product / output services. The credit was allowed on Inputs, Capital Goods and Input Services used…

Whether Del Creder Agent (DCA) is termed as Agent under GST Issues regarding differentiation of DCA from other agents In commercial trade parlance, a DCA is a selling agent who is engaged by a principal to assist in supply of goods or…

To ensure long term advantage compliance under Goods & Services Tax. following internal checks and controls to be placed on periodic basis. It enables to higher rate of controls and value added to the industry. Long Term Advantage…

GST on Travel Agents and Tour Operator Services: Travel and Tourism sector holds great strategic importance in the Indian economy, providing several socio economic benefits. Apart from providing employment, income, foreign exchange for the…

Update DSC at GST Portal, Manual Guide and FAQs for DSC Update. Check out step by step guide for updating DSC at GST Portal with Screenshots. Must Read - DSC Registration Update DSC I have renewed my DSC. How can I update my DSC with…

Advance Ruling Mechanism Tool for Dispute Resolution under GST: Advance rulings enable the tax payers to get an insight into tax consequences of contemplated transactions so that corrective actions may be taken expeditiously. The concept of…

Advance Ruling on Construction of Solar Plant with Case Law Study: Advance ruling mechanism under GST is at the state level and here, we have a case where two different state advance ruling authority has given two different ruling. This has…