51st GST Council Meeting Key Highlights

The Union Finance Minister Nirmala Sitharaman presided over the 51st GST Council Meeting, which took place on August 2nd 2023. Read key highlights here...

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GST Dispute: 4 Areas to Look out Where Disputes under GST May Arise

In this blog, we will delve into 4 significant areas where GST disputes commonly arise and explore the underlying provisions of the CGST and GST Acts that contribute to these disputes.

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How to Reset GSTR 3B?

Here's how to reset form GSTR 3B in a few easy steps | Editing GSTR 3B made easy | Learn more about form GSTR 3B and government's new reset option.

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50th GST Council Meeting Key Highlights

The Union Finance Minister Nirmala Sitharaman will preside over the 50th GST Council Meeting, which is most likely to take place in June 2023.

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Form DRC-01B: Everything you need to know about!

Form DRC-01B serves as an official communication from the GST authorities to taxpayers, indicating a discrepancy in the reported liability between their GSTR-1/ IFF and GSTR-3B returns.

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Bridging the Gap Between GSTR-1 and GSTR-3B | New Advisory: Liability / Difference Appearing in R1 – R3B (DRC-01B)

Significance of harmonizing GSTR-1 and GSTR-3B, exploring why it is more prudent to strive for consistency rather than explain differences | Liability / Difference Appearing in R1 – R3B (DRC-01B)

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Leveraging Tax-Technology for streamlining ITC

This article explores the pivotal role played by technology in simplifying ITC management, from automated data extraction and real-time reconciliation to seamless integration with accounting systems.

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Unique Identification Number (UIN) under GST

A UIN or Unique Identification Number is a GST Exempt class under GST regime for specified person/organisations such as foreign diplomatic missions and embassies, who do not carry any outward transaction and thus are entitled to the refund of the tax paid on inward supplies.

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Pure Agent Under GST

The pure agent makes a payment to a third party, on behalf of the recipient, for procuring a supply when the contract for the supply of services procured is between the third party and the recipient.

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RCM: Facilitating GST Collection from Unregistered Taxpayers

One such proposal laid down to improve GST implementation is Reverse Charge Mechanism (RCM) with an aim to enhance tax compliance and coverage across organized, partly organized and unorganized sector in India.

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