Inverted Tax Structure in the GST regime

Inverted Tax Structure in the GST regime | Inverted Tax Structure is a condition where the rate of tax on inputs purchased is more than the rate of tax on outward supplies (finished goods).

Share
GST Rule Changes Applicable from April 2021

GST is a dynamic law. It has gone through several changes, alterations, and additions ever since its inception. GST rule changes that are applicable from April 2021 that you must note, read here…

Share
Form GST REG-03: Notice for seeking additional information/clarification/ document relating to the Application for Registration/Amendment/ Cancellation

Form GST REG-03 is a notice for seeking additional information in the form of clarification, documents relating to the application for registration, amendment or cancellation.

Share
Important checklist to consider before filing September 2020 GST Returns

GST Return for September of a year is the last return period during which taxpayers can rectify any missing inputs or errors in the returns already filed during the previous.

Share
GSTR 10: Eligibility, Due-date, & Format

Here’s all about form GSTR 10: Eligibility, Due-date, & Format. If a taxpayer’s GST registration is cancelled or surrendered, then he/she needs to file a return in Form GSTR 10.

Share
Special Economic Zone (SEZ) – An Overview

The Special Economic Zones are deemed as foreign territory for trading operations and taxation purposes, i.e. any goods or services supplied to the SEZ shall be treated as Zero-Rated supply and attract 0% GST.

Share
Form GST RFD-10: Application for Refund by UIN or multilateral financial institutions

Form GST RFD-10 is similar to Refund Application RFD-01 but it is made only by UIN or multilateral financial institutions. Read more about RFD-10 here

Share
Form RFD-09: Reply to Show Cause Notice

Form RFD-09 is also known as Reply to Show Cause Notice. This is the reply by applicant on form RFD-08 issued by the concerned government officer.

Share
Form RFD-08: Notice For Rejection Of Refund Application

Form RFD-08 is also known as notice for rejection of the application for refund. This form provides information about the reason why form RFD-01 and RFD-01A is rejected.

Share
Form GST RFD-07: Adjustment of Sanctioned Refund Order

All about form GST RFD-07 is here! Form GST RFD-07 is an order for complete adjustment of sanctioned GST Refund.

Share
Form GST RFD-06 – Final Refund Order

Form GST RFD-06 – Final Refund Order. This is an electronic order issued by the proper office/ government officer to the taxpayer.

Share
Form GST RFD-05 – Payment Advice

Form GST RFD-05 - Payment Advice. This GST Refund form is issued by the government officer-in-charge if form RFD-01 application is accurately filed and approved. Read more…

Share