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  • Goods & Services Tax by Yuvraj

    How to verify GSTIN

    Case Law,Sep. 27, 2017

    We all know GST is technologically driven. From migration, registrations, returns and form filing, everything under GST has to be done online. In order to keep things systematic, a unique code has been allocated to very taxpayer to facilitate better record keeping and tracking information. This code is GSTIN.

    0 Upvote   | 0 Comments
  • Goods & Services Tax by Yuvraj

    Waiting for Diwali Sales? Be ready for disappointment

    Case Law,Sep. 27, 2017

    Apart from the historical and religious significance, another reason why people eagerly wait for Diwali is that it brings a season of sale and discounts. Consumption is at its peak during this time. Manufacturers, retailers, wholesalers, and consumers everyone makes the most of it. But this year, the story might be different.

    0 Upvote   | 0 Comments
  • Goods & Services Tax by Yuvraj

    Pure Agent in GST

    Case Law,Sep. 27, 2017

    Do you remember the famous movie Munnabhai MBBS, where Sanjay Dutt plays Munna, the lead character and Arshad Warsi plays Circuit, his right arm man. A pure agent is to his client, what circuit was to Munna. Still don’t get it? Read on

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  • Goods & Services Tax by Yuvraj
    Case Law,Sep. 26, 2017

    Somewhere in some obituary, I read ... "Honesty is not only the best policy, it is rare enough nowadays to make you pleasantly conspicuous." So... true... this is. And clearly, enough... through the doctrine of "unjust enrichment" ... given in section 54(5) of the CGST Act, our assiduous government... has rightfully sown the seed of honesty into the new GST law...

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  • Goods & Services Tax by Yuvraj
    Case Law,Sep. 26, 2017

    Many a times, when a supplier supplies goods or services, the receiver is not happy with the product or service that he receives. He may find product defective, quality poor or service deficient. So he decides to return the product, or asks for a refund. In such a case, what should be the accounting policy?

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Goods & Services Tax by Yuvraj

MRP (Max Retail Price) Rules Under GST

We all know what MRP is. MRP (Maximum Retail Price) is the maximum amount of money that can be charged by a seller from a buyer. After the implementation of GST, prices of many products changed. Does this have an effect on the MRP rules also ?

Case Law,Sep. 14, 2017
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  • Goods & Services Tax by Yuvraj
    Case Law,Sep. 26, 2017

    Generally, people take loan when they don’t have enough cash for the intended use. But what’s the benefit if more cash is flowing out of your packet while availing loans? GST was aimed at benefitting the common man, but instead it will force you to shell out more money when you are already in distress.

    0 Upvote   | 0 Comments
  • Goods & Services Tax by Yuvraj
    Case Law,Sep. 26, 2017

    With passage of time and increase in prosperity, most people recognise the importance of work life balance. Nowadays, people take vacations sooner than ever, be it local or foreign.. everyone loves to explore. Such a trend has given rise to tour and travel operators. People who make sure you enjoy without any problem. Let us see what GST has for these agents.

    0 Upvote   | 0 Comments
Goods & Services Tax by Yuvraj
Case Law,Sep. 25, 2017

With the introduction of GST, a strange phenomenon has come into play, that of bills without GST component and bills with GST. I know many of you would be aware of what I am talking about, and some might not be knowing... but anyways.. read on...

1 Upvote   | 0 Comments
Others by Yuvraj

Audit

Audit is a systematic and independent examination of data, statements, records, operations and performances, financial or non financial, of an enterprise, for a stated purpose.

Case Law,Sep. 25, 2017
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