Latest Articles

Unique features of GST, Check goods and service tax features 2024

Unique features of GST: As compared to the earlier law, Integrated GST, Anti Profiteering provisions and Matching concept are unique features...
Nancy K. Allison
1 min read

TDS Payment under GST – How can I discharge my TDS liability?

TDS Payment under GST: This TDS is different from TDS under Income Tax Act. If a transaction is covered under bth GST...
Nancy K. Allison
2 min read

GST Rate on food and beverages, Rate of gst on Food & Beverages

GST Rate on food and beverages: Assigning GST rates for hotels and restaurants against annual turnovers is a progressive move by the...
Nancy K. Allison
2 min read

Negative List of Supply, Non Taxable Supply, Exempt Supply in GST

Negative List of Supply, Non Taxable Supply, Exempt Supply under GST: As per section 7(2) (a), activities or transactions specified in...
Nancy K. Allison
1 min read

GST Composition Scheme for Services 2024 (Conditions to claim)

GST Composition Scheme for Services 2024, Conditions to claim GST Composition Scheme for Services. The Government has introduced a composition levy...
Nancy K. Allison
2 min read

Amortarisation of Cost of Moulds and Dies treatment under GST Law

Whether amortisation cost of Dies & Moulds supplied on Free of Cost (FOC) to Components Supplier to be included in the...
Nancy K. Allison
3 min read

GST Collection in April 2024 scales record high of Rs 1.41 lakh crore

GST Collection: The Gross GST Revenue in the month of April 2024 is at a record high of Rs. 1,41,384 crore...
Nancy K. Allison
30 sec read

OIDAR Services in GST: Registration, ITC, Time of Supply, Returns

OIDAR refers to Online Information Data Base Access and Retrieval Services in GST, the tax implications are different for these services...
Nancy K. Allison
6 min read

How to File GSTR 1 for Outward Supplies, How to File GST Return

As per GST law, every registered taxable person is required to submit “Details of Outward Supplies” in GSTR-1. This return is...
Nancy K. Allison
4 min read