DIFFERENCE: Nil-Rated, Zero-Rated, Non-Taxable and Exempt Supplies
1. Nil-Rated Supply Supply of goods and/or services (or both) which attract 0% GST rate is known as nil-rated supply. This comes under...
top of page
Search
CA Dilip Badlani
- 1 min
Consequences of non-furnishing of e-invoice on ITC?
Case: IRP portal shows supplier's GSTIN has been enabled for e-invoicing. However, supplier does not provide e-invoice/ tax invoice with...
41 views0 comments
CA Dilip Badlani
- 2 min
GST registration: Charitable Trust running medical store: Gujarat HC
Judiciary and Counsel Details Ms. Bela M. Trivedi and Dr. Ashok Kumar C. Joshi, JJ. Uday M. Joshi for the Petitioner. Facts of the Case...
40 views0 comments
CA Dilip Badlani
- 1 min
ITC on Investments?
Issue: A taxpayer's main business is dealing in electronic goods. He purchases gold bars (as investment) with the intention to resell...
15 views0 comments
CA Dilip Badlani
- 12 min
GST on Banking & Financial Services
Points to be covered: 1- Registration 2- Payment of GST 3- Issue of Invoice 4- Rate of GST 5- Exemptions under GST 6- Input Tax Credit 7-...
421 views0 comments
CA Dilip Badlani
- 2 min
ITC: Practical Issue # 1
Que: A firm has received grant and utilised the grant for purchase of computers and also for availing consultancy service. Can firm claim...
44 views0 comments
CA Dilip Badlani
- 1 min
GST: Requirement of HSN Code
What is HSN Code? HSN (“Harmonized System of Nomenclature”) a 6 digit uniform code that was developed by the World Customs Organization...
33 views0 comments
CA Dilip Badlani
- 3 min
Horse race clubs liable to pay GST only on commission:Karnataka High Court
Horse race clubs liable to pay GST only on commission and not entire bet amount – Rule 31A(3) of CGST Rules ultra vires : The Hon’ble ...
44 views0 comments
CA Dilip Badlani
- 2 min
Parallel proceedings cannot be initiated by State GST: Calcutta High Court
Parallel proceedings cannot be initiated by State GST authorities on the same subject matter: The Hon’ble Calcutta High Court : The...
77 views0 comments
CA Dilip Badlani
- 2 min
Deemed Exports under GST
Deemed exports are to be treated similar to exports, these supplies are not zero-rated supplies by default. Thus, GST shall be applicable...
47 views0 comments
bottom of page