gst on gta - account outsourcing services

GST ON GTA

GST ON GOODS TRANSPORTATION AGENCY Introduction: If entity is goods transportation agency, then they had been provided with various option to choose their mode of taxability, along with this entity is also required to see whether service provided by them falls under the given list of exemption; whether they are required to registered or not.…

gst on healthcare services in Gujarat

GST on Healthcare Service

GST on Healthcare Service  Introduction: In this situation where healthcare service is our top priority it is important to determine which of the service relating to health care are exempted under Goods and Services Tax and which are taxable. Whether any such service attracts reverse charge mechanism i.e. instead of supplier, recipient will deposit the…

tds under gst

TDS Under GST

TDS Under GST Introduction : It is important to understand that what are the provision for deduction of TDS under GST Law. Basically, this article will describe what are the condition which will trigger the levy of TDS/TCS, what will be the rate of deduction, whether there is any exemption (which is provided to specific…

tcs under gst

TCS Under GST

TCS Under GST Introduction : It is important to understand what are the provision for deduction of TCS under GST Law.Basically, this article will describe what are the condition which will trigger the levy of TCS under GST, what will be the rate of deduction, whether there is any exemption (which is provided to specific…

tax liability on composite and mixed supplies

Tax liability on Composite and Mixed Supplies

Taxability of Composite and Mixed Supply Introduction: After determining that transaction is treated as supply as per definition prescribe under section 7 of CGST Act, 2017; In case where there is supply of two or more taxable product it is important to determine that whether such transaction falls withing the definition of composite supply or…

job work under gst

Job Work Under GST

Job-Work under GST Introduction : It is important to know what is defined as Job-work; what will be the procedure for availing Input Tax Credit in case where goods are given on Job work basis; How time of supply and place of supply will be determined in such cases. Further what will be the liability…

input service distributor

Input Service Distributor

Input Service Distributor under Goods and Services Tax Introduction : It is important to know the concept of Input service distributor, how credit will be distributed by him i.e. manner and amount. Further what will be registration process for him or what will be compliance that is required to be fulfilled by him. What if…

gst on agriculture produce

GST on Agriculture produce

GST on Trading of Agriculture Produce Introduction: In India agriculture sector is always treated as special priority sector; and therefore, under GST law also there are some of the provision which are worth noting. What will be the rate of GST on agriculture produce, what are the exemption which are provided in relation to agriculture…

Levy of GST on OIDAR Service Provider, Online GSTR 3B and 1 filing

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,…