The Budget proposes removal of Section 13(8)(b), ending supplier-location-based taxation for intermediary services. The key takeaway is that exports will become zero-rated while imports will attract GST under RCM.
Understand the implications of GST rate changes on outward supplies, input tax credit, and tax liability. Learn how to handle billing, credit notes, and compliance.
Does a Mobile Squad Officer have the authority to impose penalties under section 129(3) of CGST Act without jurisdiction? Find out in this detailed analysis.
Explore significance of Phrase Inter Alia in Circular No. 64/38/2018-GST and its implications on penalties under Section 129 of CGST Act 2017.
Explore implications of depositing GST via PMT 06 before filing GSTR-3B. Learn about tax payment deadlines, interest liabilities, and process of tax deposit and utilization by government.
Notification 53/2023–Central Tax for appeal amnesty, eligibility, conditions, exclusions & impact of this amnesty scheme on taxpayers.
Discover the 2023 amendment to the IGST Act on the place of supply for sales to unregistered persons. Understand the impact on taxation and compliance.
Understand the impact of the deletion of Section 13(9) of the IGST Act 2017 on export freight taxation. Learn why the change was necessary, and how it affects both Indian and Foreign Shipping Lines. Stay updated on GST regulations for the transportation of goods by vessels.
Analysis of proposed Amendment of section 129 as per finance bill 2021 Finance Bill 2021 has proposed various changes/amendments in Section 129 of the Central Goods and Services Tax Act. In this article we shall to analysis that whether these changes/amendments are beneficial as regard goods which are perishable or hazardous in nature or are […]
Analysis of Various due date in Press Release Dt. 24/03/2020 of FM In View of Covid-19 Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors on 24 March […]
