"I have done M.E.(Civil-Construction Mgt) from Government College of Engg, Pune in 1988 and thereafter done LLB from Symbiosis College, Pune while serving as Sales Tax Officer, Class 1 at Pune. I was master trainer during the introduction of VAT and also during the introduction of GST..I have conducted training sessions of Central as well as State officers, tax payers, GSTP's and CA's in nearly 100 seminars on GST in and around Pune, Mazgaon and Bhayander. I have also published many articles on GST in the magazine "GST FOR YOU" for Maharashtra GST Officers and even in Taxguru. "
Many changes have been made in the rules for granting refund within a very short span of time since the inception of GST, hence, it has become very difficult to keep track of the changes made. Also, the GSTN portal is still not fully automated for the process of granting refund. To help the officers […]
Inverted rate structure specify that as the rate of tax on inputs is higher than the rate of tax on output supplies, credit gets accumulated in the electronic credit ledger which is granted as GST refund to the taxable person.
The GST Council held it’s 28th meeting recently and Shri Piyush Goyal, acting Finance Minister was the Chairman of this meeting. The Council took many decisions which are beneficial to the industry and business and which may serve as Diwali gifts to the consumers if the businessmen pass on the benefits of reduction in the rate of tax or increase in set off to them.
