Decisions taken at 37th GST Council Meeting
GST Council had its 37th Meeting on 20th September 2019. In this meeting several decisions and recommendations made to make …
Know all about GST New Returns
As we already discussed in our previous articles that the GST council made the recommendation in its meeting after that …
New Rules for ITC Utilisation
As per the notification no.16/2019 dated 29.03.2019, a new rule 88A has been introduced into the CGST rules describing the …
Key Highlights of 36th GST Council Meeting
When any new law came into the force, it also brings some challenges or difficulties like GST. Although GST was …
Amendment In The Corporate Tax of India
Normally the domestic Companies are taxed at the rate of 30% (company having turnover less than 250 crore the tax …
Blocked credit as per Section 17(5) under CGST
Under the CGST Act, The amount of GST paid on every input or input services that were used for the …
Impact of GST on MSME: Positive and Negative Impact
On 1st July 2017 GST (Goods and Services Tax) was introduced which replaced 17 different kinds of indirect tax including …
Read moreImpact of GST on MSME: Positive and Negative Impact
Know all about Tax Benefit for Start-Ups
To promote the Startups in India, The Government has provided certain tax Benefits which has been discussed below Start-Ups As …
Interest and Penalty on TDS Default
TDS Tax Deducted Source (TDS) is a concept of deducting tax at the very source of income with the intention …
Verification of IGST Refund and it’s Procedure
As per the provisions of section 16(3) of the IGST Act, the registered person making zero rated supply shall be …