September 17, 2020

OIDAR Services

Levy of GST on OIDAR Service Provider  What is OIDAR Service? According to section 2(17) of the IGST Act, 2017; ODIAR service means “Online information and database access or retrieval services” mean services whose delivery is mediated by information technology over the internet or an electronic network, nature of which renders their supply essentially automated,…

GST Reconciliation of Credit

Reconciliation facility for ITC shown in books of accounts and ITC as per GSTR-2A: Government has introduced a facility that will allow taxpayers to reconcile amount of Input Tax Credit shown under GSTR-2A with amount availed by tax payers as input tax credit in Books of Accounts – specifically Purchase register. Goods and Service Tax…