GST

Power of Inspection, Search, and Seizure under GST 1. Introduction Section 67 of the Central Goods and Services Tax (CGST) Act, 2017 provides the legal framework for authorities to exercise the power...

Refunds of ITC on Zero-Rated Supplies Made Under LUT/BondIntroduction A registered person can make zero-rated supplies of goods or services with payment of GST or without payment of GST under a Letter...

Procedure to Claim Refund under GST: A Step-by-Step GuideIntroduction A person claiming a refund of tax, interest, or any other amount under GST must comply with the specified procedure laid down in t...

IGST Refund on Zero-Rated Supplies (Other Than Export of Goods)Introduction Under the GST law, a supplier can make zero-rated supplies of goods or services with payment of IGST or without any payment...

General Conditions and Restrictions Relating to GST RefundIntroduction Claiming a refund under the GST laws is subject to certain general conditions and restrictions. These include filing the refund a...

Examining Deemed Exports under GST: Provisions and Refund Procedure Introduction Deemed exports under GST differ from regular exports as they are not treated as zero-rated supplies. Instead, the suppl...

Refunds under GST: Provisions, Procedures, and Practical InsightsIntroduction Refund, in its general sense, refers to the payment of any amount back to the person who has paid it earlier. The GST law...

Date: [DD/MM/YYYY]To, The Jurisdictional Officer, [Address]Subject: Reply to Show Cause Notice Regarding Difference in Supplies Made Through E-Way Bill and GSTR-1Respected Sir/Madam,We, [Company Name]...

Date: [DD/MM/YYYY]To, The Jurisdictional Officer, [Address]Subject: Reply to Show Cause Notice for Reversal of ITC availed on Non-Business Transactions & Exempt SuppliesRespected Sir/Madam,This is in...

Enhancing GST Compliance: A Closer Look at Physical Verification Post-Aadhaar AuthenticationIntroductionThe procedure for registering under the Goods and Services Tax (GST) in India has incorporated s...

On the 10th and 11th of April 2024, the All Gujarat Federation of Tax Consultants (AGFTC) and the Income Tax Bar Association (ITBA), Ahmedabad, encountered significant challenges with the GST portal’s...

Document Identification Number (DIN) under GST Introduction In line with the government's objective of transparency and accountability in the functioning of the indirect tax administration, the Centra...

Date: <DD/MM/YYYY>To, The Jurisdictional GST Officer <PLACE>Subject: Reply to Show Cause Notice No. ......... dated ......... for the Financial Year <20XX-XX>Dear Sir/Madam,This is in response to the...

Understanding the Implications of Related Person Transactions under GST Law Editorial Note:The Goods and Services Tax (GST) has brought about significant changes in the indirect tax landscape of India...

The financial year 2023-24 has ended on a high note, from GST view point. GST collection has once again been robust in March, 2024. GST collection is second highest monthly Gross GST Revenue collectio...

Subject: Reply to Show Cause Notice for Not Obtaining Registration as a Goods Transport Agency under GST Date: [Insert Date] To The Jurisdictional Officer, [Insert Division], [Insert Commissionerate]...

Managing Input Tax Credit (ITC) Transitions and Reversals in GST In the realm of Goods and Services Tax (GST), the efficient utilization and handling of Input Tax Credit (ITC) play a pivotal role for...

Subject: Reply to the Notice for Rejection of Refund Application filed under Section 54(3)(ii) of the CGST ActDate: [Insert Date]To The Jurisdictional Officer, [Insert Division], [Insert Commissionera...

Introduction: The Ministry of Finance recently announced a significant milestone in GST revenue collection for March 2024, recording the second-highest monthly collection at ₹1.78 lakh crore. This art...

Appeal against Reversal of Input Tax Credit due to Retrospective Cancellation of Supplier's Registration Statement of Facts: The appellant, XYZ Corporation, is a registered entity in the State of Maha...