GST Updates
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219Treatment of Discounts on offtake from the perspective of recipient in GST-Part II
This part of the article discusses the situation wherein the terms of discount had been decided before or at the time of...
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866Treatment of Discounts from the perspective of recipient and analysis of Section 15(2)(e) of CGST Act, 2017-Part I
There has been a lack of clarity in terms how discounts would be treated by the recipient wherein either tax has not...
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378Rule 42 and Rule 43 of CGST Rules, 2017: Denying eligible Input Tax Credit to the Taxpayers
At the outset and before moving to specific areas which requires reconsideration under Rule 42 and Rule 43, it would be apt...
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651Discount passed onto the Recipient: Treatment from Supplier perspective in GST
These days controversy over passing of discounts on invoice or otherwise than by discounts alongwith gifts has invited lot of controversy and...
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393Gifts and GST:-Part II- Impact of Section 17(5) read with Section 16(1) of CGST Act, 2017
a) Section 16(1) of the CGST Act 2017 (1) Every registered person shall, subject to such conditions and restrictions as may be...
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401Gifts and GST:-Part –I-Meaning of Gift
Before moving on to the statutory provisions, let’s try to understand the meaning of Gift and essential ingredients of Gift. Although the...
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256Why IIT’s do not fall in the definition of Government for the purpose of CGST Act, 2017 and the AAR Judgement
Recently AAR Uttarakhand in the matter of IT Development Agency, Government of Uttarakhand, Dehradun held that that IIT is considered to...
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146Ruling of AAR on Cleaning Services provided to Indian Railways by Contractor-Whether Exempt or not
Ruling of AAR on Cleaning Services provided to Indian Railways by Contractor-Whether Exempt or not The article tries to Analyse the impact...
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223Part-6-Whether Development Authority are Local Authority under GST vis-a-vis Income Tax, Service Tax, General Clauses Act, AAR Ruling on JDA and clarification issued by CBEC
What’s the big point in whether development Authorities like Delhi Development Authority, Jaipur Development Authority are “Local Authority or not. Amongst the...
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364Part-5: Which Institutions are included in Local Authority in GST-“Municipal Committee, a Zilla Parishad, a District Board, and any other authority”
Today’s update would discuss about Institutions included in the definition of Local Authority vide “Municipal Committee, a Zilla Parishad, a District Board,...
