GST Archives - Tax Effects

Conditions and Time Limits to follow to claim 100% Input Tax Credit for your Business

Introduction: Businesses lay high emphasis on ITC under GST considering their monetary impacts on the cash flow. It thus becomes

Significant Changes in GST Notified in October, 2020 The Ministry of Finance on 15th October 2020 notified various notifications incorporating

Composition Scheme is an alternative method of charging GST. It is a simple and easy scheme under GST for small

Blocking of E-Way Bill (EWB) generation facility for taxpayers with Annual Aggregate Turnover over Rs 5 Cr., after 15th October,

Penalty for non display of GST number at declared place of business. Rule : Rule 18 of CGST Rules 2017

The CBIC on Wednesday extended the due date to file GSTR9 and 9C for 2018-19 by a month. After obtaining

ALL ABOUT BLOCKED CREDIT UNGER GST (SECTION 17(5) OF CGST ACT, 2017)

IRP, known as the Invoice Registration Portal is instrumental in validating the genuineness of the invoices used in the GST

E-Invoicing Basic Points: – GST Council has decided to introduce electronic-invoice (i.e. E-invoice) on voluntary basis from January 2020. –

In case of any dispute with respect to tax liability, penalty or an order passed by a GST Officer, taxpayers