Simplifying GST for the nation
by gstination · Published August 7, 2018 · Last modified December 18, 2018
Normally, Input tax credit of goods and services bought for business purpose is available, unless it is a blocked credit. So is Furniture blocked credit in GST? Two relevant things in Section 17(5) are...
by gstination · Published February 17, 2018 · Last modified February 23, 2018
How to take ITC when inputs are used for both exempt as well as taxable supply? How to divide GST input credit between exempt and taxable? How to determine how much inputs are used...
As per Sec 9 of the CGST Act, GST is levied on all intra-state ‘SUPPLIES’. So we see that supply is the ‘charging event’ in GST. In this article, let us understand the term...
