Expert Knowledge, Straight from Practitioners.

AAR ruling in case of ROD Retail Private Limited:

AAR ruling in case of ROD Retail Private Limited: Though section 105 of CGST Act states that every proceeding before Authority for Advance Ruling (AAR) shall be judicial proceedings, however, Rule 103 of CGST rules states that both the member judges of this authority shall

CA Shivashish Karnani

Apr 24, 2018

First GST anti profiteering decision for Honda Cars

First GST anti-profiteering decision for Honda Cars: First anti-profiteering application raised for Rs. 10,550 by a car buyer is quashed by authority. The buyer alleged that the tax on the car was 51% earlier and now it is 29%. A demand of Rs. 10,550 was raised

Apr 24, 2018

Roll out of e-Way Bill system in the 5 States from 25th April 2018

Roll out of e-Way Bill system for intra-State movement of goods in the States in the 5 States Source: CBEC Press Release As per the decision of the GST Council, e-Way Bill system for inter-State movement of goods has been rolled out from 01st April

One E-way bill required for “Bill To Ship To” Invoices

One E-way bill required for “Bill To Ship To” Invoices Source: CBEC press release Issues regarding “Bill To Ship To” for e-Way Bill under CGST Rules, 2017 A number of representations have been received seeking clarifications in relation to the requirement of e-Way Bill for

Note on Employer-Employee Transactions

Note on Employer-Employee Transactions Applicable Provisions ‘Supply’ has been defined under Section 7(1) of the Central Goods and Services Tax Act, 2017 (“CGST Act”) which provides that supply inter-alia includes- a. all forms of supply of goods and/or services such as sale, transfer, barter, exchange,

Don’t Misuse These 8 Rules!

Don’t Misuse These 8 Rules! The warning by IT Dept to Salaried Person The IT-dept has informed the salaried class taxpayers to avoid illegal ways in income tax returns (ITR) filing. It is strictly mentioned that such violators will not only be taken to the

In GST that will be so much litigation in near future majorly in 3 area

In GST that will be so much litigation in near future majorly in 3 area 1. The first is POS – the place of supply. There might be chances that officers will force you to pay CGST SGST instead IGST that you have charged at

CA Harshil Sheth

How to Handle “bill to” – “Ship to” Invoices in E-way Bill System

How to Handle “bill to” – “Ship to” Invoices in E-way Bill System Sometimes, the taxpayers raise the bill to somebody and send the consignment to somebody else as per the business requirement. There is a provision in the e-way bill system to handle the

📋Income Tax Consultancy

I-T Dept warning to salaried taxpayers

I-T Dept warning to salaried taxpayers 8 common inaccuracies every taxpayer should take care of NOW: Are you a salaried person, but one of those who usually conceals a part of their income from the Income Tax Department in a bid to save tax? Then

CA Amresh Vashisht

Apr 21, 2018

The Advance Ruling in Case of Switching Avo Electro Power Ltd

The Advance Ruling in Case of Switching Avo Electro Power Ltd Name of the applicant Switching Avo Electro Power Ltd Address 230 S N Roy Road, Kolkata –700038 GSTIN 19AAICS2473C1ZC Case Number 04 of 2018 Date of application 17th January 2018 Date of advance

Apr 21, 2018

Taxability of Legal Services under GST

Taxability of Legal Services under GST (including registration provisions) Meaning of ‘Legal Services’: Definition: ‘Legal Services’ means any service provided in relation to advice, consultancy or assistance in any branch of law, in any manner and includes representational services before any court, tribunal or authority–

CA Shivashish Karnani

Apr 21, 2018