Category Archives: Goods and services Tax

Goods and services Tax

Goods and services Tax is applied by Indian government as one nation one tax

“GST” Was Apply by the Government to benefited to Business Man.

Before Implementation of GST Various Indirect taxes like service tax,Sales tax,and Excise duty was applicable in india .

In Above all indirect tax cenvat credits i.e. input tax credits on purchase/services received was adjusting with outward sales and outward services given .

For smooth running of this system the Indian Government also implemented this by discontinue of above mentioned tax,

In This Section we try to clarify regarding GST Refunds,GST Returns,GST Circulars,GST Notifications,GST Forms. 

GST levied on free samples

GST levied on free samples Is GST levied on free samples? Question about the GST levied on free samples,I faced many times from my clients and colleagues because there is no special provision on this, but if you read section 7, schedule I & section 17(5) together then this confusion will crystal clear. Now let […]

Relevance of relevant date in case of export

Relevance of relevant date in case of export The time limit for filing the refund claim is to be checked from the “relevant date”. This term is defined in Explanation 2 to section 54. This update is about the interpretation of term “relevant date” & its significance in determining the time limit for filing the […]

GST on supplies made to Merchant Exporter – Recent changes and it Impact

GST on supplies made to Merchant Exporter – Recent changes and it Impact “Merchant Exporter” means a person engaged in the trading activity and exporting or intending to export goods. Merchant exporters are instrumental to boost exports which contribute to the growth of Indian economy.