"The author is working as Superintendent in Central GST . His book 'GST on Real Estate' ,released by the department got acclaims many. Written several articles on various topics of GST in vernacular language. Conducted 150+ seminars, awareness programs related to GST so far. He has ceceived a Commendation Certificate from the CBIC on first GST day. "
CBIC withdraws circular requiring CA/CMA certificate for post-sale GST discount ITC reversal proof. Reduces supplier burden, restores reliance on S15(3)(b)(ii) statute.
CBIC clarifies GST on post-sale discounts: No ITC reversal required for financial credit notes. Explains when discounts are ‘consideration’ or payment for services.
Learn about GST interest on delayed payments. A summary of Section 50 of the CGST Act explains that interest is on cash-paid tax, with conditions and exceptions.
An overview of GST on secondment of employees, covering the Supreme Court’s NOS ruling, CBIC clarifications, and the taxability of related and unrelated party arrangements.
Learn how stock transfers are treated under GST, difference between taxable and non-taxable transfers, valuation rules, and essential compliance tips for businesses.
This article summarizes GST impacts for this sector, covering delayed payments, input tax credit reversal, goods returns, and taxation on interest from farmers.
Understand GST’s Time of Supply for normal and continuous services. Learn invoicing rules under Section 31(5) and how delayed invoices impact tax liability.
