GST Analysis

Amendment in CGST Rules dtd. 13.06.2018

Amendment in CGST Rules dtd. 13.06.2018 Input tax credit shall be eligible on the free of cost goods/services/both provided by recipient to the supplier. However value of such goods/service/both needs to be included by the supplier in his value of ...
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Amendment in CGST Rules -April 2018

Rule 89(5): Refund of input tax credit on account of inverted duty structure shall also be allowed in case of supply of services. Further “Net ITC” for calculation of refund amount as this sub-rule has been separately explained as input ...
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Amendment in Central Goods and Services Tax Rules, 2017 – March 2018

Amendment in Central Goods and Services Tax Rules, 2017 INPUT TAX CREDIT Where goods are transferred directly from one job-worker to another challan may be issued either by the principal or the job worker sending the goods to another job ...
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Highlights of the Draft GST Rules [Registration, Invoicing, Payment, Return & Refund] (October 2016)

Following Draft GST Rules & formats were put on the public domain inviting suggestions upto 28th Sept 2016 giving only 1-2 days. Draft Goods & Services Tax -Invoice Rules, 20– Draft Goods & Services Tax – Payment Rules, 20— Draft ...
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