The five year journey of GST & its impact on Indian businesses

It’s been five years since the historical indirect tax law, i.e., Goods…

Rajasthan HC: Unutilised ITC Can’t be Denied Due to Non-Availability of Form ITC-02A

A division bench of the Rajasthan High Court directed the department (respondent)…

Tax Query: What Are the Options for Generating e-Invoices for Businesses With Rs 20 Crore+ Turnover?

1. The government recently notified e-invoicing for businesses with more than Rs.20…

Budget 2022: Top Five GST Amendments Decoded

Finance Minister Smt. Nirmala Sitharaman announced the Union Budget 2022 yesterday, bringing…

Tax Query: How can we avoid losing input tax credit when our suppliers do not file their returns on time?

  1. How can we avoid losing input tax credit when our…

AAAR: GST Applicable on CXO Salaries Recovered From Branches

A CEO or CFO of a company typically works for the company…

Tax Query: Do I have to pay 12% on house property when the rate has been reduced to 5%?

1. I plan to purchase an apartment for Rs.62 lakh in Chennai.…
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Can you claim ITC of FY 2020-21 now?

The Input Tax Credit (ITC) claim forms an essential task in tax…

GSTN blocks ITC of Rs.14,000 crore and not Rs.6.14 lakh crore

On Tuesday, the GST Network (GSTN) has tweeted that it has blocked…

Civil‌ ‌Aviation‌ ‌Ministry‌ ‌Asks‌ ‌Ministry‌ ‌of‌ ‌Finance‌ ‌to‌ ‌Put‌ ‌ATF‌ ‌Under‌ ‌GST‌

In a formal submission to the Ministry of Finance, the Civil Aviation…