Watch ‘Clarification on Transactions between Head Office and Branch Offices’, by CA Manoj Malpani, Director, Bizsolindia Services Pvt Ltd
Clarification on Transactions between Head Office and Branch Offices
Clarification on Transactions between Head Office and Branch Offices
Clarification on ITC & Methodology For Issue of Supply of Goods Against the Warranty Claims
While we are celebrating completion of 6 years of implementation of GST and GST Council is sincerely feeling to resolve the issues. Still, exporters are struggling due to delay in refund or lock up of funds on account of accumulated input tax credit due to exports. In the year 2017-18, we have seen number of …
The Constituent Assembly of India was elected in 1946 to write the Constitution of a newly independent nation. The motley crowd of 389 erudite members with impeccable records gave us our Constitution that has been revered by all of us, ever since. Though this Assembly gave us the Constitution that we now behold, it also failed in …
There are times when you find it difficult to describe India to a foreign national. The reason is not that you are challenged in our expressions. It is because of the obvious and inherent contradictions that you find all around us. We have the Taj Mahal, the marvel built by the Mughal Emperor Shah Jahan …
Landmark Decision on GST Credit: Impact on Taxpayers Explained
Clarification on Is E Invoicing Mandatory For Your Business?
Clarification on How to calculate interest on IGST credit wrongly availed and utilized
Clarification on taxability of share capital
Clarification on TCS liability under Sec 52 of the CGST Act, 2017
A taxpayer can claim the ITC during the revocation of cancelled GST registration.
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. …
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
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.
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 …
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 »
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 …
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