
Schedule I of CGST Act: Deeming Fictions
“Taxable Event” is the soul of every taxation regime. Taxable Event decides whether any transaction shall be subject to...
Interplay of Insolvency & Bankruptcy Code with GST
In the enclosed document we have discussed the details thereof along with some Frequently Asked Questions (FAQ’s)

Textile Industry – Refund or Blocked Refund ?
As per section 54(3) of CGST Act, 2017 refund of unutilized ITC shall be available where credit has accumulated...

Goods and Services Tax is a comprehensive indirect tax which is being levied on sale of goods as well...

Ten Things to bear in mind before GST Transition
Ten things to look at before Transitioning to GST As our country is coming to terms with the largest...

GST Rate Structure as approved by the GST Council
GST council has made the much-awaited announcements around tax rates on various categories of goods on day one of...

Stop Making Profits – Anti-Profiteering is here to stay under GST

Will GST cause an increase in consumer prices ?
The passage of the Constitutional Amendment Bill on GST has paved the way for the introduction of GST in...