Composition Scheme under the GST Rules – Explained

By Paras Mehra May 19, 2017

Composition scheme under GST is a blessing in disguise for small dealers because under normal circumstances there are 3 monthly returns to be filed along with other compliances.

How movement of Goods shall take place in India!

By Paras Mehra April 18, 2017

The electronic way bill rules has been released by the government and you should understand these rules to continue free flow of movement of goods once GST is in place from 1st July, 2017.

Concept of Authority of Advance Ruling (AAR) under GST

By Paras Mehra April 17, 2017

Authority for Advance Ruling shall be located in each state and shall comprise of one member of CGST and one member of SGST which is to be appointed by the Central Government and the state government.

How to file the GST Monthly Return in India – A GST Return Filing Guide

By Paras Mehra March 15, 2017

Every registered taxable person [other than an input service distributor, a nonresident taxable person, person covered under composition scheme, TDS or TCS] shall furnish, electronically, in FORM GSTR – 1.

Everything about Valuation rules of Goods and Services (GST) under GST Law!

By Paras Mehra February 23, 2017

Under GST regime, valuation is based on the transaction as in the previous laws. However, in case transaction value is not accepted then we have to refer the rules for the correct valuation.

What is Goods and Services Tax (GST) in India?

By Paras Mehra February 17, 2017

Goods and Service Tax (GST) has been introduced with an only motive to accelerate the economic growth. It is expected that GDP growth will increase by 2% after introduction of GST.

Who all are liable to pay GST in India? Or who all are liable to be registered under GST in India?

By Paras Mehra February 17, 2017

The charging section itself states that the tax will shall only be paid by the taxable person, hence, if any person is not covered under this section, then he shall not be liable to pay tax. Therefore, it is very imperative to understand and apply this co

Everything about the Constitutional Amendment under GST regime – A Complete Guide

By Paras Mehra January 19, 2017

We all had witnessed the political drama over every piece of GST constitutional amendment bill over the years. Government was very keen to get it passed in both the houses, while the opposition is taking the guard to prevent it from getting the nod.

Who is liable to pay GST? Who is a taxpayer under GST?

By Paras Mehra January 16, 2017

This is perhaps a very important question that everybody asks for. Is I am liable to pay GST? and if yes, then when? When did I am liable to pay the GST? What is the basic exemption limit under GST?