Recovery of food expenses from employees for canteen services is liable for GST

By Paras Mehra April 12, 2018

The Authority of Advance Ruling (AAR) has just ruled out a judgment that would impact all the factories across India. The AAR has ruled that recovered of food expenses from employees for canteen services is liable for GST in India.

How to File Renewal of LUT under GST?

By Aruna Bhayana April 6, 2018

The validity of the LUT issued will be for a period ending up to the financial year, Hence, by the time the registered person needs to apply for the renewal of LUT for the next year.

E-Way Bill – Rules related to E-way-Bill and How to Generate E-way Bill

By Agam Gupta March 30, 2018

E-Way bill stands for Electronic Way Bill and under GST, all the aspects related to movement of goods and supplies are mentioned in E-way bill rules.

9 Important Things done Under GST before 31st March 2018

By Agam Gupta March 28, 2018

This article we need to put focus on certain important aspects in GST that needs to be taken care before 31st March 2018 by a registered Taxpayer.

Reverse Charge mechanism (RCM) may return for Composition Dealers under GST?

By Paras Mehra January 18, 2018

Manufacturers – Now pay 50% less GST

By Paras Mehra January 2, 2018

Manufacturers! We have good news for you this New Year as government has decided to reduce the tax on manufacturers by 50% under composition scheme in line with the traders.

Notification No. 10/2017 - Exemption to certain category of persons from obtaining registration under the Act

By Aman Shridhar December 29, 2017

As we know that every business organization carrying out any taxable services in India is required to get itself registered under the GST Act. If the organization carries on business without registering under GST, it will be an offence under GST and heavy

Notification No. 11/2017 - State Proper Officers to process and sanction IGST refunds

By Aman Shridhar December 29, 2017

A situation of GST refund arises when GST paid is more than the GST liability. There are many cases where refund can be claimed like dealer exporting goods/services under claim of rebate or refund, ITC accumulation due to output being tax exempt.

Exporters: Now buy goods at 0.1% GST

By Paras Mehra November 20, 2017

The export sector had taken a hit since the GST was introduced, the incentive schemes were suspended, and refund mechanism was not there. In all, it wasn’t an ideal situation for exports.