GST Guide

Guide On Appeal And Revision Under GST

Guide on Appeal and Revision Under GST

Appeals under any law is an application to a higher court for a reversal of the decision of a lower court or department.Overview of appeals and revisions can be better understood with the below diagrammatic presentation- List Of Topics Covered: Appeal Overview Adjudicating Authority Appeal To Appellate Authority Revision Of Order By Revisional Authority Appeal …

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Types Of Refunds & Processes For Claiming Refunds Under GST (Part 2)

Claiming Refunds Under GST 2

Inverted Duty Structure Deemed Export Penultimate Supply Provisional Refund Cases In Which Refund Claim Can Be Withheld Claim For Unutilized Input Tax Credit Refund In Certain Special Cases Documents Required For Fling Refund Claim Refund Order Procedure Interest On Belated Refund Refund Of IGST Paid On Supply Of Goods To International Tourist Leaving India CBIC …

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Assessment & Audit Under GST Act

Audit & Assessment Under GST Act

Assessment in GST is mainly focused on self-assessment by the taxpayers themselves. Every taxpayer is required to self-assess the taxes payable and furnish a return for each tax period. A supplier will find out the extent of his tax liability which he has to discharge on a continuous and regular basis only after assessment. What …

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A Guide On Annual Returns & GST Audit- Requirements, Audit Process, Audit Tool

A Guide On Annual Returns & GST Audit- Requirements, Audit Process, Audit Tool

GST is one of the biggest reform in the tax regime, is considered as the most volatile tax law which is yet to see stability in terms of user friendly. It is often addressed as data-hungry compliance as it requires line item details o be provided by the taxpayer unlike legacy laws in India. This …

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Read About All The Documents Issued Under GST Regime

Documents Issued Under GST Regime

Under the GST Regime, businesses are required to maintain various accounts and records for ready verification by an authorized GST Authority either in electronic or physical format. There are different kinds of documents that are required to be issued in different circumstances. In this article, let us understand the applicability of these documents, maintenance requirements, …

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Know More About GST Registration Requirements & Processes

Know More About GST Registration Requirements & Processes

GST registration applies to all individuals and entities supplying goods or services in India. The Ministry of Finance has simplified the GST registration procedure to ease the tax filing process. In this article, let us look at the eligibility for obtaining GST registration, the documents required as well as the GST registration procedure online. List …

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Value Of Supply Under GST

Value of supply under GST

GST is a destination-based tax levied on supply. As per the charging section of GST (Section 9 of CGST Act), the value of supply on which GST is to be levied will be determined as per Section 15. Here we will try to understand the provisions laid down for the valuation of taxable supplies under …

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