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CA Vikas Modi wrote a new post, Central Tax (Rate) Notifications – GST Tips 4 months, 1 week ago
*Much awaited Notification issued today*
Notification No. 38 (Central Tax) to amend notification no. 32/2017-CT dated 15.09.2017 so as to add certain items to the list of “handicrafts good […]
CA Vikas Modi wrote a new post, Availability of ITC of expenses in respect of Motor vehicle 4 months, 1 week ago
Section 17 of the Central Goods and Service Tax (CGST) Act deals with Apportionment of credit and blocked credits, wherein Clause (5) of the said Section provides for restriction of credit. It is pertinent to note […]
CA Vikas Modi wrote a new post, Value of Supply under GST with Practical Examples 5 months, 2 weeks ago
Value of Supply:
GST will be levied on the value of supply. In other words to levy GST, correct value of supply is required. What can be part of the value of supply or what does not form part of the value of […]
CA Vikas Modi wrote a new post, Composition Scheme under GST 7 months, 4 weeks ago
Need of composition Scheme:
Compliances in the GST Law are very high which cannot be complied by the small dealer, small manufacturer and small service provider. For the purpose of above mentioned persons, […]
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