CA Ankit Agarwal

CA Ankit Agarwal

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Reads before you call

Latest articles by CA Ankit Agarwal.

Plain-English guides related to CA's areas.

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Dec 6, 2016

GST Migration: All The Important Facts in India

GST migration is nothing but transfer of existing client data from older system to the new system (GST system). The objective is to help existing clients to do business without any hassle, sort out inconsistencies and get ready for smooth transition towards the implementation on

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Oct 27, 2016

FAQ on Job work in GST

Q 1. What is job-work in GST? Ans. Section 2(62) of the MGL provides that “job-work” means undertaking any treatment or process by a person on goods belonging to another registered taxable person and the expression “job-worker” shall be construed accordingly. This definition is much

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Sep 23, 2016

GST COUNCIL MEETING DAY 2 UPDATE: THRESHOLD LIMIT FIXED AT RS. 20 LAKHS

On second day of the GST Council meeting, Finance Minister Arun Jaitley while addressing media said following: – Exemption threshold for GST has been fixed at Rs. 20 lakhs, while threshold in North-East States has been set at Rs. 10 lakhs. – Players with annual

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Sep 23, 2016

SUMMARY: CENTRAL GOVT, STATES AGREE ON TIMETABLE FOR APRIL

ROLLOUT. Day 1 of GST Council meeting took place on Thursday. Keeping April 1, 2017 deadline in mind, Centre and State have agreed on a timetable to decide tax rate, complete legislative work and close difference of opinion on exemptions, threshold etc. Few key issues

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