"Experienced Cost and Management Accountant with a demonstrated history of working in the accounting industry. Skilled in Direct Tax, Accounting Standards, Financial Accounting, Goods and Services Tax (GST), and Indian Taxation. Associate Member of The Institute of cost Accountants of India."
Understand the Inverted Duty Structure in GST and how to claim refunds on unutilized Input Tax Credit (ITC). Explore detailed insights and procedures for businesses in India.
Understand GST notices: scrutiny, show cause, and demand. Learn the process, reasons for issuance, and actions required by taxpayers under the CGST Act, 2017.
Learn the process of GST compliance for goods movement, including interception, detention, release, and confiscation, through a detailed flowchart.
Learn about the GST implications on old age homes and services for senior citizens, including exemptions, taxable services, and compliance procedures under GST laws.
Understand the proposed changes in Input Service Distributor (ISD) provisions post-Finance Act, 2024. Dive into altered definitions and new distribution procedures for enhanced compliance.
Finance Act, 2023 introduced amendments to Section 142(2A) of the Income Tax Act, 1961. This article provides an overview and analysis of the amendments, including changes to inquiry before assessment, expenses of audit or inventory valuation, opportunity of being heard, time limits, power to make rules, and the valuation of inventories.
Discover the key features of the Government of Tamil Nadu Budget 2023-24, covering grants, infrastructure projects, welfare schemes, and financial allocations for various sectors, contributing to the state’s development and progress.
Ind AS 116 sets out the principles for the recognition, measurement, presentation, and disclosure of leases. The objective is to ensure that lessees and lessors provide relevant information in a manner that faithfully represents those transactions.
Learn the applicable GST rules to know if GST applies to brokerage & sales commission to agent in Outside India or not. Explore Section 2 sub-section (5) and Section 2 sub-section (11) of the CGST & IGST Acts, 2017.
Understand the amendment of Central Goods and Services Tax Rules, 2017 with CBIC Notification No. 26/2022. Have a look at mobile number and e-mail address requirements in FORM GST REG-01.
