Impact of GST on Indian real estate sector

In past, the real estate industry had ambiguity in provisions. GST is expected to simplify and have a positive impact on the industry. Read more...Continued

FAQs on GST – Refunds, Demand, and Recovery

What is a refund? Can an unutilized ITC be given as a refund when goods exported outside India are subjected to export duty? Read more...Continued

GST brings opportunities for logistics firms

The Indian logistics industry is on the verge of a transformation due to the advancement of technology and the new indirect GST tax regime. Read more...Continued

GST issues around reversal of credit

“Do I have to reverse the credit proportionate to the interest I earn on my fixed deposits?” A finance manager asked this. So let’s take a closer look....Continued

Discounts, warranties, and free samples in GST

How will GST deal with discounts, warranties, and free samples? How will discounts affect the value of supply? Read more...Continued

Impact on goods during GST migration

What happened to the input tax credit for goods held in stock on 30th June 2017? • what is the impact on Goods during GST migration? Read more...Continued

GST impact on media and entertainment industry

In this article, we will discuss the impact of GST rates on the entertainment industry and if it is a welcome step as compared to pre-GST regime. Read more...Continued

GST and textile: Good for natural fibres, not for manmade

With respect to the last objective, fixing tax rates for the textile sector was a formidable task. It is therefore hardly surprising that these rates were among the last to be announced by the council. Read more...Continued

Mixed and composite supply in GST

India’s Goods and Services Tax (GST) has multiple rates — seven to be precise. The four main rates are 5, 12, 18, and 28 percent; plus three extreme rates: viz. 28+cess (tobacco, cars, aerated drinks, etc.), 3 (for gold and precious...Continued

Why GST automation is critical to your success

GST promises to change the way businesses function and push the Indian economy towards record growth. To achieve success, however, businesses must prepare for the transitional and technology-based requirements....Continued