My GSTIN/ARN Number is approved but no email received from department and not able to login into GST portal – What to do?

By Paras Mehra July 19, 2017

There is new issue which is being faced by the lot of people on fresh GST registration. After filing the GST REG 1 on gst.gov.in, the ARN number gets generated. After the ARN number being generated, the taxpayer needs to wait for 3 to 5 working days.

What is Letter of Undertaking (LTU) for Export under GST?

By Paras Mehra July 19, 2017

If any taxpayer wants to export without payment of IGST then he shall need to file a bond or a letter of undertaking to the department. A letter of undertaking (LTU) is the documents format of which is being prescribed under form GST RFD 11 under rule 96A

What is bond amount under GST – How to calculate the bond amount & bank guarantee for filing under GST for export with example

By Paras Mehra July 19, 2017

If you want to export the goods or services under GST without charging the IGST on the same, then you need to submit the bond or letter of undertaking that all the requirements regarding exports under GST shall be complied with.

GST on liquor in restaurants in India – Why VAT and GST are charged together in restaurant bill? – With example

By Paras Mehra July 18, 2017

After 1st July, 2017, one thing the consumers are finding irritating that both VAT and GST are charged on the same bill. People always question this levy because what they have understood is that GST has already subsumed all the existing indirect taxes.

Why GST cannot be abolished on textiles/garments goods including fabric as per Government of India

By Paras Mehra July 18, 2017

The war between the textiles industry and the government over the GST implementation is getting worse day by day and both the parties are very firm on their stand.Let us understand the government point of view on why GST cannot be abolished on textiles.

GST registration for works contract and construction companies – Will GST registration is required to do any project outside the state?

By Paras Mehra July 18, 2017

GST registration for works contract and construction companies is one of the most typical concepts which are being discussed in the country. People have many questions with few answers and hence, as a result, we thought of writing on this disputed topic.

GST on Sale of second hand goods including car, laptops, old and used bottles – All about Margin scheme for second hand goods

By Paras Mehra July 17, 2017

Since GST has been implemented from 1st July, 2017, people are very skeptical about its impact including, registrations, invoicing, valuation etc. Hence, we have written this article to cover all the GST aspects on sale of second hand goods.

Exporters: file LTU or bond for export of goods and services by 31st July, 2017 - Revised format in GST RFD 11

By Paras Mehra July 15, 2017

Exporters if you want to continue exporting goods without payment of GST, then you need to file the revise LTU or bond by 31st July, 2017 manually with your jurisdictional assistant commissioner who is having jurisdiction over your principle place.

GST on sale of Gold jewellery by housewife etc – Whether they are liable to pay GST on the sale of old gold jewellery?

By Paras Mehra July 14, 2017

A message is being circulated in the social media that GST shall be liable to be paid when an individual sell his old jewelry to the jeweler under reverse charge because this shall be considered as supply.