BlogsAugust 8, 2017
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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India INC at war against COVID-19 amidst uncertainty over GST Credits
Introduction COVID-19 pandemic has hit everyone hard. The magnitude of this pandemic can be ascertained from the fact that even superpowers appear to be helpless against this invisible enemy. Realizing the gravity of the situation India INC/Corporates/Employers have wholeheartedly contributed to this noble cause and partnered with governments to contain...
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Dynamic QR Code in GST – Another Game Changer?
Introduction Indian GST law is a technology-driven law. GST law has witnessed the successful implementation of technology-based anti-evasion tools like E-way bills and E-Invoicing. Results of the successful implementation of such tools are visible in the form of consistent increase in revenue collections and large-scale detection of hawala and other...
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Input Service Distributor and Cross Charge
Input Service Distributor (ISD) Input Service Distribution and Cross charge owes its existence to the concept of “Distinct Person”. It is pertinent to note that concept of ISD is relevant only for entities having multistate operations and commonly used input services are ordered and invoiced at one location. ISD concept...
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