GST articles

GST on Restaurants, Hotels, Fine-Dining Restaurants & Cloud-Kitchens

Applicability of GST on Restaurants, Hotels, Fine-Dining Restaurants And Cloud-Kitchens In this article we will talk about how GST affected the bills of restaurants, hotels and other places where we usually go out for eat something. According to the National Restaurant Association of India’s 2019 India Food Service Report, the size of t...

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GST on Petrol & Diesal

What happens if GST implement on petrol & diesel GST was introduced on 1st April 2017, at that time petroleum products were kept out of the preview of GST u/s 9(2). Central & State government are taking Excise & Vat  Tax respectively on petrol & Diesel. Analysis of GST on petrol & Diesel Nowadays petrol […]...

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New GST registration denial may badly affect our economy

Recently, many frivolous queries are seen to have been raised by concerned officials when businessman applies for registration of GST Number. Following are some examples. 1. Promoters/Partners – Residential Address – Others (Please specify) – PROVIDE DETAIL OF LATITUDE AND LONGITUDE : Fact is there is not any facility on...

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SC strikes down Gujarat HC verdict on refund of ITC on input services

Supreme Court (SC) strikes down the verdict of Gujarat High Court (HC) on refund of input tax credit (ITC) on input services. Division Bench of the Gujarat High Court in the case of VKC Footsteps India Pvt Ltd passed a favourable judgement in favour of the assessee and held that “Explanation (a) to Rule 89(5) […]...

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GST Departmental Audit – Selection Parameters, Documents & Proactive Steps

GST Departmental Audit – Parameters For Selection, Documents That Can Be Asked For And Proactive Steps To Be Undertaken GST has been one of the biggest tax reforms of our country. July 2021 marked four years of GST Implementation and though it has stabilized to a large extent, the taxpayers are still grappling with some […]...

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Composite & Mixed Supply-Analysis of Rulings by AAR & AAAR in Rajasthan

In Kalani Infrastructure Pvt. Ltd., Kota (Raj) (2021) 35 J.K.Jain’s GST & VR 151, Hostel Accommodation Service with Food etc. was held to be the “Mixed Supply” by the Hon’ble Appellate Advance Rulings authority. Whereas in the case of Symmetric Infrastructure Pvt. Ltd., Kota, (Raj) (2021) 36 J.K.Jain’s GST & VR 226, the ...

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Analysis of Gauhati HC judgement related to refund under inverted tax structure

BMG Informatics Pvt. Ltd. v. Union of India and Others

Analysis of the Gauhati High Court judgement holding that refund under inverted tax structure is allowed even if input and output supplies are the same Introduction The Gauhati High Court in the case of BMG Informatics Pvt. Ltd. v. Union of India and Others (Judgement dated 02.09.2021 in Case No. WP(C)/3878/2021) has held that refund und...

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Refund of Unutilised ITC on input services cannot be claimed

Supreme Court ratifies Section 54(3) of CGST Act, 2017 & Rule 89(5) of CGST Rules, 2017 Inequities in Rule 89(5) are to be ironed out by the Government in the course of the application of the formula for computation of Refund in case of Inverted Tax structure The Supreme Court on Monday 13th September 14, 2021, held […]...

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Coaching services with other supply viz. test paper, printed material, bag, uniform etc. is a composite supply of services

Where the coaching services provider supplies services of coaching to students which also includes along with coaching, supply of goods/printed material/test papers, uniform, bags and other goods to students. Such supplies are not charged separately but a consolidated amount is charged, the major component of which is imparting of coachin...

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Advance Ruling Under GST- Meaning, Procedure, Applicability

Many individuals want to start a new business or retain the existing business in the market but they don’t know about their venture and its risks. The entrepreneur needs to get a clear knowledge about taxation matters before he decides to maintain. Clarity about the taxation matters for the business is a must. Otherwise, they [&hell...

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September 2021