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Explore recent updates in GST, including India economic growth forecasts for 2024, government initiatives, challenges, and insights into GST collections and reforms....

Article explains May 2024 tax obligations. Learn about due dates for income tax, GST returns, TDS, TCS, and more....

Understanding whether book adjustment equates to payment under GST Law. Explore legal provisions, considerations for related parties, and implications for Input Tax Credit (ITC)....

The AAR Rajasthan in the case of In Re. Shri Digamber Jain Sidhkut Chaityalaya Temple Trust [Advance Ruling No. RAJ/AAR/2023-24/22 dated March 26, 2024] ruled that, the entry fee collected from the visitors/devotees/pilgrim by the Applicant is covered under the charitable activities relating to the advancement of the religion and therefor...

Explore the complexities of GST notifications in India, their impact on taxpayers, and recent legal challenges. Learn about the extension of time limits and the constitutional implications....

Dive into the controversy over Madras High Court's exemption of hostels from GST, exploring legal arguments, financial impacts, and pending Supreme Court intervention....

Stay updated with Tax Compliance Tracker for Income Tax and GST. This tracker provides due dates for various tax-related filings and payments under the Income Tax Act, 1961, and the Goods and Services Tax (GST) Act, 2017....

Article explains Reverse Charge Mechanism (RCM) under GST law, its necessity, eligibility criteria, time and tax payment aspects, with comprehensive insights and examples....

Explore the concept of debit notes in GST, their issuance criteria, legal provisions, contents, and eligibility for input tax credit with detailed examples and analysis....

In this article we will analyse Input tax credit on motor vehicles post 01-02-2019 GST amendment. Motor Vehicles are used for transportation of goods or passengers/ employees in the business. Under GST, Input tax credit is not restricted for motor vehicles made and used for transportation of goods. However, input tax credit was restricted...