Article is an attempt to highlight constitutional validity of levy of GST on Corporate Guarantees, valuation difficulties, unresolved issues and challenges and possible way out.
Explore intricacies of Input Tax Credit (ITC) eligibility during corporate insolvency resolution. Analyze GST law vs Insolvency & Bankruptcy Code complexities in this detailed guide.
Understand the nuances of Input Service Distribution (ISD) vs Cross Charge in GST. Learn about the tax implications, controversies, and recent developments. Stay informed for effective compliance.
Under Section 2(61) of the CGST Act, 2017, an Input Service Distributor (ISD) is defined as an office of the supplier of goods or services that receives tax invoices for input services and issues a prescribed document to distribute the credit of central tax, state tax, integrated tax, or union territory tax paid on those services to a supplier of taxable goods or services with the same Permanent Account Number (PAN).
Explore the controversial aspects of GST Circular 183/15/2022, impacting Input Tax Credit (ITC) claims. Understand the legal nuances, judicial precedents, and challenges. Stay informed for effective compliance.
Understand the calculation of interest on 180-days reversals under GST with the CGST Act, section 50(3). Learn why availment and utilization cumulatively trigger interest levy!
Uncover the implications of supply of goods or services between related or distinct persons for Valuation of Stock Transfers under GST. Learn more with this blog post!
Find out why Indian intermediaries rendering services to a foreign principal may be liable for GST despite the general principle of place of supply being the place of recipient. Learn more in this blog post.
Understand the complexities of GST registration for renting immovable property. Learn about the legal provisions and get clarity on the requirements.
