Learn about GST registration and the process of obtaining a GSTIN for your business. Understand the eligibility criteria, required documents.

Understanding GST notices issued by the government. Learn how to respond to notices. Get comprehensive information on GST notices.

In this post, we will know about Restriction on Availing Input Tax Credit wide Rule 36(4) of CGST Rules,2017.

The CBIC clarifies the procedure for processing GST refunds to “Risky Exporters.” CBIC has issued a clarification on manner of processing and sanctioning of GST refunds which are or will be withheld due to the tag of “Risky Exporters” given by Directorate General Analytics and Risk Management (DGARM) to exporters who are identified on account of […]

Dear All, CBIC vide Notification No. 18/2022-Central Tax dated 28th September 2022has notified that all the taxpayers are now eligible to avail the Input Tax Credit pertaining to FY-2021-2022 till 30 November 2022. The same was available till September 30 earlier. So now, you have 2 additional months to avail of the Input Tax Credit benefits which […]

What is GST refund with example? GST refund is a process in which a registered taxpayer may claim excess input tax credit lying in the electronic credit ledger. Refund of unutilized input tax credit shall be allowed in the following cases: Zero-rated supplies made without payment of tax Inverted Duty structure where credit has accumulated […]

What is Inverted Duty Structure? Inverted Duty Structure is a scenario where the tax rate on inputs used is higher than the tax rate on outward supplies. In simple terms, GST paid on inputs purchased is more than GST payable on outward sales. This results in the accumulation of Input Tax Credit in the electronic […]

Since GST was implemented in India, several exporters have faced difficulties in claiming GST refund in case of export of services or goods. The result’s large amounts of working capital being locked up until refunds are correctly applied for and received. Service exporters particularly have asked us how to get refunds because the process is more complex than for goods exporters. during this post, we answer some questions on getting GST refunds for service exporters.

Are you struggling to claim GST refund? You are unable to file GST refund application due to the complexity in GST refund application? Did you ever filled FORM GST RFD-01 to claim a GST refund and it got rejected? The refund might have been sanctioned, but the amount has not been received. Now, first, let us understand the following concepts:

What do you mean by the cancellation of GST registration?  Cancellation of GST registration signifies that the taxpayer will no longer be registered under GST once the GST registration is cancelled. In other words, a registered person under GST cannot pay/collect any GST, claim an input tax credit, or file the GST returns.  Law governing […]

Court allowed the Writ petition for revocation of Cancelled GST registration which was not filed within the statutory period; Facts: The petitioner filed the writ petition for the revoke the the cancellation of registration. The petitioner used to purchase materials from both registered and unregistered dealers and the same were used in the execution of works […]

ITC not available for the past period invoices on account of time limitation. The Authority for Advance Ruling in the matter of M/S Vishnu Chemicals Limited AAR No. 21/AP/GST/2021, dated 20.07.2021 held that No, Input Tax Credit (ITC) on monthly renal tax invoice raised after the expiry of the period of limitation.  Fact: M/s Vishnu […]