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Abilash R

Latest Posts by Abilash R

10 things to note about extension of due dates under GST

May 2, 2021 31662 Views 2 comments Print

Gist of extension notifications No. 8/2021-Central Tax to 14/2021-Central Tax issued by CBIC on 01.05.2021 by which Relaxation has been provided in respect of Various GST Returns and GST Compliance. 1. Applicable rates of interest (08/2021 – Central Tax): Particulars Months Rate of interest Turnover > 5 crores in Last FY (Monthly Returns) March and […]

Refund of ‘Input Services’ along with Inputs under Inverted Duty Structure

August 9, 2020 8454 Views 2 comments Print

It has been almost an eternity since the manufacturing sector is suffering from being burdened with higher rate of taxes paid on availed services which are used significantly for supply of goods with lower rate of taxes. Much to the relief of these manufacturers now, the High Court of Gujarat in the case of VKC […]

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