Demand and Recovery under GST Act – A Quick Walk Through
Demand and Recovery under GST Act (Model Version) are basically laid down for the department, for providing them a framework in order to raise a demand on non-payment of... Read More
GST
Goods and Services Tax (GST) details, news, judgments and opinions on this category. GST is a consumption tax levied on the supply of goods and services within India. It’s a unified tax system that replaced multiple indirect taxes, simplifying the tax structure. The GST rate for a product category can vary based on its classification and government policies.
GST is levied by both the central and state governments. The specific rate applied depends on the nature of the transaction.
The GST rate is also applicable to online sales of products in this category. E-commerce businesses must comply with specific GST regulations, including the collection of GST from customers and remitting it to the government.
Commercial Lease under Goods and Service Tax
3 min read
Implementation of Goods and Services Tax in India will significantly impact the taxation of commercial lease. Presently, the tax structure in India is origin based.... Read More
PROSECUTION OF OFFENCES and COMPOUNDING UNDER GST – An Overview
Prosecution Prosecution is the institution or commencement of legal proceeding; the process of exhibiting formal charges against the offender. Section 198 of the Criminal Procedure... Read More
OFFENCES and PENALTIES UNDER GST – An Overview
Offences and Penalties (Section 66) Offences have been prescribed under GST Law on which penalties may be imposed by departmental authorities in terms of Section... Read More
Examining the Taxability of Free Supplies under GST
Free Supplies are goods and services supplies free of cost i.e. nothing in return apparently. They all say free supplies are taxable under GST Act(s)... Read More
Inspection, Search, Seizure & Arrest under GST – An Introduction
Inspection, Search, Seizure & Arrest under GST are undoubtedly those powers assigned to the officers who can make or break it. To protect the interest... Read More
Assessment and Audits under Model GST Act – An Overview
ASSESSMENT UNDER GST Chapter XII of the model GST Act provides the procedure for assessments under the GST regime. The following types of assessments are... Read More
Draft GST Invoice Rules
2 min read
The Indian Government is doing its best for rolling out the GST tax regime from 1st of April, 2017. Within few days after the initial... Read More
All about Prosecution of offenses under GST
4 min read
The draft model of GST prescribes the offenses and penalties in Chapter XVI which deals with 21 offenses in section 66 along with the penalty... Read More
Cross-linking Income Tax Act and GST
2 min read
Model GST Law, specifically Section 25 speaks about the furnishing details with respect to outward supplies. Further, Section 26 speaks about furnishing of details with... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return