Official interpretative guidance issued for uniform application of GST law Stay updated with Government Circulars issued to clarify the scope, interpretation, and procedural application of GST provisions. These circulars help resolve ambiguities, standardise departmental practice, and ensure consistent compliance across…
Statutory law and procedural framework under GST This section provides access to the operative GST laws and rules currently in force. It covers the principal Acts governing GST and the Rules framed to prescribe procedures, forms, and compliance requirements. All…
Section 10 of the CGST Act provides a simplified composition levy for small taxpayers dealing in goods, non-alcoholic restaurant services, and eligible notified services. Instead of paying normal GST rates, the taxpayer pays tax at a fixed percentage of turnover…
Section 16(1) – Eligibility to Input Tax Credit Section 16(1) grants a registered person the right to avail ITC on inward supplies used in the course or furtherance of business. The entitlement is not unconditional; it must satisfy later subsections…
Section 17 lays down how Input Tax Credit (ITC) must be restricted, apportioned, or fully blocked when goods or services are used for multiple purposes. These include situations where inputs are used for both taxable and exempt supplies, or for…
Rule 43 prescribes the method for determining eligible ITC and calculating reversal relating to capital goods that are used partly for taxable supplies and partly for exempt supplies. The rule is read together with Section 17(1), 17(2), and 17(5) of…
Rule 42 of the CGST Rules, read with Section 17(1), 17(2) and 17(5) of the CGST Act, prescribes the mechanism for reversing Input Tax Credit when inputs or input services are used partly for taxable supplies and partly for exempt…
1. Constitution of India The Constitution is the supreme legal document that establishes the structure of government, defines fundamental rights, and grants law-making powers to Parliament and State Legislatures. Every law in India must conform to the Constitution; otherwise, courts…
What is DRC Forms DRC forms are official Demand, Recovery and Compliance forms prescribed under the CGST Rules, 2017, mainly Chapter XVIII dealing with Demands and Recovery. They are used by the department and taxpayers for issuing notices, replying to…
1. The Pre-GST Indirect Tax Environment in India India’s indirect tax architecture before GST was a composite of central and state levies, each with separate laws, procedures and administrative agencies. This multiplicity produced a regime where businesses had to maintain…