BlogsAugust 8, 2017
Cross Charge in GST – The Mystery Continues!
This paper was also published in GST Review April 2023, a monthly magazine published by the Goods and Services Tax Practioner’s Association of Maharashtra (GSTPAM). Introduction Recent media reports suggest that two giant FMCG companies have paid a substantial amount of GST on account of ‘cross charge’. Controversial Advance rulings...
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Supply to SEZ, Authorised Operations, and requirement of Endorsement – A Bundle of Tangle
Introduction The idea of Special Economic Zones (SEZ) was conceived to establish specifically delineated duty-free zones where export production could take place free from import and export hindrances. SEZs are deemed Section 53 of the SEZ Act, 2005. international territories for specified purposes. In concurrence with the Indian Government policy...
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Recent NHAI Clarification on GST – Sigh of Relief for Road Contractors
Introduction to HAM Construction of National Highways (NH) and other infrastructure projects are very much instrumental in the growth of our economy but at the same time, it is a very costly proposition. Realising the needs of the Indian economy and budget constraints, road construction projects are jointly developed by...
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GST on Government Services – Long-drawn issues
Introduction This article Is also published in All India Federation of Tax Practitioner (AIFTP) journal, for the month of September 2021. The concept of GST on Government Services under the Service Tax era as well as GST regime has been under the cloud of confusion and much debated. Payments made...
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Typical issues in the Export of Goods through E-commerce Platforms – Part II
Introduction This paper was also published in the Monthly GSTPAM magazine of September 2021. This write-up is in continuation of Part I published in last month’s magazine. In an earlier write-up, various aspects of e-commerce exports were touched upon. In particular, we have deliberated upon the definition of exports under...
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Typical issues in the Export of Goods through E-commerce platforms – Part I
Introduction This paper was also published in Monthly GSTPAM magazine in August 2021. Due to the opening of economies and the advent of technology, the world has become a very small place for doing business. Earlier due to lack of visibility and oppressive regulations, Micro, Small, and Medium Enterprises (MSMEs)...
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Recent GST Notifications for Joint Development Arrangement – too little too late
Introduction The occasion for writing this article arises from the recently concluded 43rd GST Council meeting and subsequent notifications issued to give effect to the decisions taken at such meetings. Notification No. 2/2021- Central Tax (Rate) and Notification No. 3/2021- Central Tax (Rate) both dated 2nd June 2021 [hereinafter ‘Notifications’]...
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Taxability of Notice Pay in GST – A Never-Ending Quagmire
Executive Summary In this write-up, the paper writer outlines statutory provisions of the Service Tax and GST Regime relevant to Notice Pay Recovery. Thereafter stand of revenue on the said issue is explained. For a better understanding of this vexed issue, paper writer skims through Indian Rulings, recent developments and...
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Topsy-Turvy rulings on taxability of Liaison Office in GST
Introduction There are many modes by which a foreign company may set up its business/ entity in India. The most popular modes are establishing a Liaison Office (hereinafter "LO”), Branch Office (“BO”), Project Office (“PO”), Wholly owned subsidiary (“WOS”), Joint Ventures (“JV”) etc. The present article deals with the cloud...
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