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Arasi Ponmalar

Latest Posts by Arasi Ponmalar

Clause wise breakdown of Goods and Services Tax provision in Budget 2021

February 1, 2021 1968 Views 0 comment Print

Any activity with respect to goods and services for cash between an organization like Club and its members is constituted as a supply. Also, an Explanation has been inserted to hold that the ‘Organisation’ and its members are two distinct persons under GST.

Battle between ITC-02 and Inter-state transfer of ITC

January 22, 2021 37356 Views 6 comments Print

Why do we need Advance Authority Rulings under GST? We need them because only after reaching out to an AAR, we understand that there is an underlying problem that needs our attention. Thanks to the plenteous AAR decisions, now we have great precedents from judicial forums and Interpretations available with the legal fraternity that the […]

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