One of the services mentioned in the list is services provided by way of renting of motor vehicle, either by a body corporate or a normal consumer booking a cab through E-Commerce operators such as Ola, Uber, etc. The definition of motor vehicle as per the Act is it must be designed to carry passengers....

As per section 7 of the CGST Act, 2017 'supply' includes all forms of supply of goods or services or both such as sale, transfer ,barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business in relation to real estate sector....

Under GST, it is any inquiry that means the GST officer can summon anyone for any inquiry. But there is a speed breaker. Under GST, the power to summon is in the same manner, as provided in the case of a civil court under the provisions of the Code of Civil Procedure, 1908. Mind you, it is not mutatis-mutandis, but same manner. Under ORDE...

What is Input Tax Credit as per CGST Act?. From the combined reading of sections 2(62) and 2(63) we understand that tax paid in the form of CGST, SGST\UTGST, IGST for procurement of goods or services by a registered person including GST paid under RCM method for import and inward supplies will be called as […]...

Bird eye view on GST credit availment on CSR (Corporate Social Responsibility) expenditure & CSR under Companies Act, Income Tax Act, GST. In this article I am going to discuss (or) give short glimpse on origin of CSR Corporate Social Responsibility) expenditure and the relevance of the same under Tax Laws i.e. GST and Income [&hellip...

ECO would be liable to pay tax on any restaurant services supplied through them included by an unregistered person. Invoice in respect of restaurant service supplied through ECO under section 9(5) will be issued by ECO....

This paper, examines the topic 'GST Process: Five Years of Iterative Problem Solving' from the perspective of process efficiency and the ability of the system to correct by responding to feedback loops....

Section 73 of CGST Act, 2017: Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized for any reason other than fraud or any willful-misstatement or suppression of facts. What does Section 73 say: Section 73 talks about the determination of tax not paid or short […]...

Ice Cream sold by ice cream parlors will come under the definition of Goods and hence shall be taxable at @18%. Ice cream sold by restaurants along with food/cooked meals, will consider as a composite supply as per sec 8 of  CGST ACT 2017 hence tax rate of restaurants @5% (without ITC)shall be levied. supply of food will be your principa...

Export freight charged by Indian Shipping Line to Indian exporter is taxable and the place of supply is determined as per Section 12(8) of the IGST Act 2017. But freight charged by Foreign Shipping Line was not taxable as supply by Foreign Shipping Line to Indian exporter for transport of goods to a place outside […]...