"I, CA AKSHAY AGGARWAL, am a Qualified and Practicing Chartered Account and having key interest and expertise in Direct and Indirect taxes. Apart from Chartered Accountancy, my interest in financial markets have persuaded me to persue and clear all the three levels of CFA (USA). I believe my expertise have roots in my internship in a renowned CA firm bagging its place in top 10 firm of India for past few decades and thereafter joining one of the big four audit firms of the world. I have been practicing in Delhi (NSP) since 2017."
This article explains how the new Section 74A consolidates GST penalty proceedings and standardises timelines for both fraud and non-fraud cases.
Learn how GST liability shifts from supplier to recipient under RCM and understand the key services affected.
The Finance Act, 2024 changes buyback taxation—proceeds are now taxed as dividends in investors’ hands, removing the earlier tax advantage of corporate buybacks.
Learn about the latest relaxations and optional tables in GSTR-9 and GSTR-9C for FY 2024-25, including simplified ITC and exempt supply reporting.
GSTN is updating the GST Portal (GSTR-2B IMS) from October to simplify ITC. Changes include limited pending records, invoice-level ITC reversal, and vendor communication features.
Key relaxations and optional tables introduced for GSTR-9 and GSTR-9C filing for FY 2023-24 to simplify the process for taxpayers.
Understand the admissibility of Input Tax Credit (ITC) under GST when goods are delivered to an unregistered cold storage facility.
Article clarifies the confusion surrounding Input Tax Credit (ITC), depreciation, and output tax on Sale of Used vehicles/Cars according to Notification No- 8/2018 (Central Tax Rate) dated 25.01.2018.
Use our GST ITC Utilization Tool to optimize your Input Tax Credit and minimize the challan amount. Our proposed methodology follows the relevant Sections and Rules of the GST Law.
Clarifying GSTs RCM on purchases from unregistered persons: Explore the evolution of Section 9(4) CGST Act from 2017 to present, exemptions, and specific notifications for a clear understanding.
