Watch “Can you claim the ITC during the revocation of cancelled GST Registration?” by Adv. Nidhi Nawal, Director, Bizsolindia Services Pvt.Ltd.
A taxpayer can claim the ITC during the revocation of cancelled GST registration.
Bizsol Thinkline
Clarification on refund-related issues by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt Ltd
clarification on Circular No. 197/09/2023- GST regarding refund related issues by CMA Ashok Nawal. Clarification on the issues detailed hereunder. 1. Refund of accumulated input tax credit under Section 54(3) on the basis of that available as per FORM GSTR 2B 2. Requirement of the undertaking in FORM RFD 01 inserted vide Circular No. …
Article on ‘Cross-empowerment in GST’ by CA Abhishek Malpani, Bizsolindia Services Pvt. Ltd. (August 2023)
The Goods and Service Tax Act (GST) was implemented in India with the vision to broad base taxation, introduce seamless credit and the best practices across the world being adopted. The Government focused on many initiatives among which we have “ease of doing business” and “one nation one tax”. The framers of this comprehensive indirect …
‘Clarification to deal with difference in ITC’, by Nidhi Nawal, Bizsolindia Services Pvt Ltd.
Clarification to deal with difference in ITC
Happy GST Day!!
Our Founder, CMA Ashok Nawal, talks about the 6 years of GST. He also shares some more important insights and certain aspects which still need attention from the GST Department.
From the Desk of Chairman (July 2023)
In the Editorial piece of the previous month, I had made some observations on the decision of the Reserve Bank of India to withdraw the Rs 2000 notes. This was focused more on the ethical standpoint of both the government and the currency in question. Now we have data to discuss the real impact of …
Article on ‘GST Impact on Sale of Leasehold Land’ by CA Abhishek Malpani (July 2023)
One of the hot issue which is faced by Industry across the country is GST impact on sale of leasehold land. New companies have their units set up on the leasehold land provided by the State Industrial Development Corporation (SIDC) for 99 years or above. In case, such companies do not want to continue their …
Article on ‘GST Impact on Sale of Leasehold Land’ by CA Abhishek Malpani (July 2023) Read More »
Article on ‘ 6 Years of GST… GST is getting its momentum going…!!’ by CA Abhishek Malpanil (July 2023)
It was a historic landmark day 1st July 2017 when GST was introduced with much fanfare at midnight by Prime Minister Modi & then President Mr. Pranav Mukharjee meant to realize the “One Nation-One Market-One Tax, Simplifying Tax & Driving Growth” plan. GST has subsumed 17 Taxes and 13 cesses levied by the central and …
Article on ‘UNIVERSAL BASIC INCOME’ by CS Venkat R. Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (July 2023)
Mr. Venkatramanan Anantha Nageswaran is the Chief Economic Advisor (CEA) to the Government of India. Though his name is a mouthful, Nageswaran is generally known as a man of few words. However, he has the ears of all those who matter in the government, being an expert in the voodoo science in the country, if …
‘Importer has to pay IGST compensation Cess’ by Adv. Kiran Sawale, Bizsolindia Services Pvt. Ltd.
Importer has to pay IGST compensation cess
‘MSME Samadhan For MSME, Small Businesses, Startups’ by Nidhi Nawal, Bizsolindia Services Pvt. Ltd.
MSME Samadhan For MSME, Small Businesses, Startups
‘An Important Order Passed by High Court on ITC’ by Nidhi Nawal, Bizsolindia Services Pvt. Ltd.
‘An Important Order Passed by High Court on ITC’
Article on ‘New IT Policy 2023 of Maharashtra’, by Mr. Pravin Arote & CA Manoj Malpani, Bizsolindia Services Pvt.Ltd. (June 2023)
Focus to build Maharashtra as a “Magnetic Maharashtra” for IT and ITeS sectors… The State cabinet of Maharashtra has approved a new IT and ITeS Policy for a period of 5 years. The current policy issued in the year 2015 was lapsed in 2020. It took almost 3 years to formulate a new IT policy. …
From the Desk of Chairman (June 2023)
The Indian currency notes are in the news once again. The government has decided to withdraw the circulation of the two-thousand-rupee notes from circulation. That is no news worth writing about. This step, having come about after the much-maligned demonetisation of high value notes of ₹1000 and ₹500, has the trappings of a political issue …
Article on ‘The Emerging Paradox of Masculinity in the Modern Era’, by CS. Venkat R. Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (June 2023)
The “Economist” in its latest issue carried an interesting article chronicling the identity crisis of men and their manhood. That, in a way, is the immediate provocation for writing this article. Simply put, masculinity is in crisis. Worry no further. This phenomenon is happening in the Western world which is far removed from our shores. …
Article on ‘Cast Away the Caste System- When Dr. B.R. Ambedkar Made a Clarion Call to the Society to Reform Itself’ by CS Venkat R. Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (May 2023)
On 14th of April, just a few days back we celebrated the birthday of Babasaheb Ambedkar. That was an occasion for all of us Indians to look back on his life and times. Ramachandra Guha, the contemporary historian had revisited the book Annihilation of Caste written by Ambedkar. The primary source for doing this exercise …
From the Desk of Chairman (May 2023)
“The first rumbling against the growing influence of AI could be heard from none other than the modern-day patron saint of technology Elon Musk.”. Yuval Noah Harari is famous as a historian and as a modern-day philosopher. That is only a small part of his bio data. For those who have had a chance …
‘Update on Foreign Trade Policy’ by CMA Ashok Nawal, Bizsolindia Services Pvt. Ltd.
Update on Foreign Trade Policy
‘GST Amnesty Scheme’ by CMA Ashok Nawal, Bizsolindia Services Pvt. Ltd.
GST Amnesty Scheme
Users of Plastic – Obtain Registration !!
Users of Plastic – Obtain Registration !!
