Gold Schemes Offered to Customers not eligible for GST Input Tax Credit   The Authority for Advance Ruling (AAR), Maharashtra, has ruled against Input Tax Credit for the gold schemes, offered by companies to its customers. It is done to encourage them to meet the business targets. Therefore, companies cannot avail input tax credit under the GST…

    GST Taxability of Restaurant clubbed with the Sweet Shop-Business Model    An applicant has a sweetshop on ground floor and a restaurant on first floor of the same building. The applicant supplies sweetmeats, namkeens, Dhokla etc. commonly known as snacks, cold drinks, ice creams and other edible items alongwith ready to eat (partially or fully…

Important Judgment of High Court: Beware of time limit for filing appeal under GST law against GST order passed by GST Authority   Appeal under GST Any appeal under GST is an application to a higher court for a reversal of the decision of a lower court. Appeals arise when there are any legal disputes. A strong…

Know About GST Return Forms GSTR – 3B Introduction: Goods and Service Tax (GST) is an indirect tax levied on the supply of goods and services. GST is one indirect tax for the entire country. It is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. Government of India has introduced various GST…