June 14, 2022

June 14, 2022
chaitanya.godse

Article broadly speaks on how to handle Departmental audit under GST, document and the risk parameter to avoid the notices and penalties in GST. As we know, GST (Goods and Services Tax) works on the ‘trust-based system’. Accordingly, the registered taxable person himself carries out the following compliances/ tasks under GST –Measures the tax liability on

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May 26, 2022

May 26, 2022
C A Sanjay Namboothiri

The growth of online media and online services are phenomenal in the present world. The world has really seen the amazing power and convenient practical usage of online platform during the lockdown specially in sectors like advertisement, media, education and gaming. These sectors have shown double digit growth post the lockdown period including OIDAR service

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May 24, 2022

May 24, 2022
CA Poonam Gandhi

Recently, matching and mismatching of Input Tax Credit (ITC) have created a huge havoc, within the trade and industry, under Goods and Services Tax (GST). In the FAQ on ITC article, let us go through some of the frequently asked questions relating to ITC mismatch which will be helpful for clearing the relevant concept to

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May 23, 2022

May 23, 2022
CA Poonam Gandhi

Dictionary meaning of the term penalty is ‘a punishment imposed for breaking a law, rule or contract’. Article briefly discussed Penalties under GST and its precautionary list on Just like any other law, Goods and Services Tax (GST) also caters a wide range of penalties for various offences likeCarrying out any fraudulent activity;Delayed in filing

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