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Accumulated CENVAT credits under centralised registration can be carried forward as CGST into any State of registrant’s choice

GST
May 26, 2017 471 0

In this blog, we look at a query on centralised registration and carry forward of CENVAT Credit. Query:As part of the transitional credits, the company apprehends that it will have an accumulation of CGST credit (carry-forward CEN...


Blog

GST rates announced by the GST council and its relevance to the IT sector

GST
May 26, 2017 484 0

The GST Council has finalized GST rates for Services and Goods along with suitable grandfathering provisions of the current service tax exemptions. The council also approved seven rules pertaining to Valuation, ITC, Registration, ...


Blog

Registration under GST: Key points to keep in mind

GST
May 26, 2017 577 0

With the release of the proposed rates under the Goods and Services Tax (GST) for most goods and services, the stage seems set for implementation of GST from July 1, 2017.  In fact, the first phase of migration of existing tax pay...


Blog

Carry forward of CENVAT Credit 2

GST
May 23, 2017 498 0

In this blog, we look at a query on possible carry forward of accumulated CENVAT credit as CGST credit, and no SGST credits while SGST would be payable on future supplies. Query:As part of the transitional credits, unutilised CENV...


Blog

Carry forward of CENVAT Credit 1

GST
May 19, 2017 506 0

In this blog, we look at a query on centralised registration and carry forward of CENVAT Credit. Query:The company has obtained a Centralized Registration under the Service Tax law. The ST-3 return for the period ended 31st March ...


Blog

Startups need registration?

GST
May 17, 2017 539 0

In this blog, we look at a query on registration requirement for a start-up. Query:A Start-up company, with its registered office in the State of Karnataka, engaged in a business which involves innovation, development, deployment ...


Blog

Will GST be a record-keeping headache for firms?

GST
May 9, 2017 505 0

This news item talks about the record keeping requirements under the GST law. As per the rules, a registered tax-paying entity under the GST system for indirect taxation would have to maintain records of imported and exported good...


Blog

GST For mobile app startups

GST
April 27, 2017 486 0

 In this blog, we look at a query on registration requirement for a start-up. Log in to withdia.com to read more related Q&A on the topic.Query:A Start-up company, with its registered office in the State of Karnataka, engaged ...


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