GST
GST Issues to Consider For Closure of Books of Accounts
Major GST issuesto be considered before closure of books
Place of Supply of Services
The place of supply for services will be the location of the service recipient. (the recipient needs to be a registered person.
GST: Transitional Provisions
Issue of Supplementary Invoices, Debit or Credit notes where Price is revised for services..
GST: Transitional Provisions- Edition 3
Provision for transfer of unutilised CENVAT Credit by taxable person
GST: Levy of, and Exemption from, Tax
The Central or a State Government may, on the recommendation of the Council..
GST Input Tax Credit [Chapter V]
Eligibility and conditions for taking input tax credit. Apportionment of credit and blocked credits
GST Registration Process in India
Aggregate turnover shall include all supplies made by taxable person, on his own account or on behalf
GST Returns
Form and manner of submission of statement of supplies effected through ecommerce services
GST Payments
Order of re-credit in electronic credit ledger by proper officer in case of denial of refund in processes
GST Refunds
Application for refund of tax, interest, penalty, fees or any other amount process explained in brief.
GST Impact discussion with IT Team
Place of supply is location Outside India deemed to be interstate supply of goods..
GST Law
Both Centre and State are vested with the power to make law on GST by virtue of proposed Article 246A of the Constitution
Migration to GST
GST Act shall come into force as on the date to be notified by the Central/State Government.
GST Faq’s
Given the approval of the Constitution Amendment Bill for Goods and Services Tax (GST) in the Rajya Sabha
Internal Controls
The scope is defined by management or the Board (not an outside agency or adversarial entity)Both Centre and State are vested with the power to make law on GST by virtue of proposed Article 246A of the Constitution
Internal Financial Controls
The new Companies Act, 2013, now requires auditors to also opine on whether a company has an adequate internal financial controls system.
