GST Articles

Typical issues in the Export of Goods through E-commerce platforms – Part I

by JIgnesh Kansara|01 August 202102 June 2023|GST Articles

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...

Recent GST Notifications for Joint Development Arrangement – too little too late

by JIgnesh Kansara|27 July 202101 June 2023|GST Articles

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-...

Taxability of Notice Pay in GST – A Never-Ending Quagmire

by JIgnesh Kansara|22 July 202101 June 2023|GST Articles

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...

Topsy-Turvy rulings on taxability of Liaison Office in GST

by JIgnesh Kansara|12 July 202101 June 2023|GST Articles

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...

India INC at war against COVID-19 amidst uncertainty over GST Credits

by JIgnesh Kansara|04 July 202101 June 2023|GST Articles

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...

Dynamic QR Code in GST – Another Game Changer?

by JIgnesh Kansara|27 June 202131 May 2023|GST Articles

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...

Input Service Distributor and Cross Charge

by JIgnesh Kansara|27 April 202127 April 2021|GST, GST Articles, GST Update

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...

Interest is perplexing!!!

by JIgnesh Kansara|14 December 202027 April 2021|GST, GST Articles, GST Update

As per letter of Special Secretary and Member, CBIC dated 10th February, 2020 Interest amounting to ₹45,996 crores remains unpaid to the government on account of delayed payment of tax and urged field formation to expedite recovery of such Interest.

No more Double Whammy of IGST on CIF Importers

by JIgnesh Kansara|14 December 202027 April 2021|GST, GST Articles, GST Update

Introduction Levy of Service Tax on ocean freight service has been one of the most disputed issues for Trade and Industry. Unfortunately, the levy of Integrated Goods and Service Tax (IGST) on ocean freight service is equally contentious. In this...

Guidelines on Detention and Confiscation of Goods and Conveyance

by JIgnesh Kansara|14 December 202027 April 2021|GST, GST Articles, GST Update

Introduction: In order to ensure that the suppliers do not evade payment of GST(“Tax”), Section 68 of the CGST/ respective state GST Act (“Act”) empowers the Government to prescribe documents to be carried along with the goods in transit. Rule...

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