GST

With 31st March 2026 just around the corner, businesses across India face a critical compliance deadline under Section 43B(h) of the Income Tax Act. This provision, introduced by the Finance Act 2023 and effective from FY 2023-24, makes it mandatory for companies to clear dues owed to Micro and Small Enterprises (MSEs) within a prescribed […]

                                             TURNOVER CERTIFICATE   We have verified the GST returns of Mr [Name] Proprietor  Of [Business name] having GSTN Situated at [Business address]. On verification of the GST returns, we hereby certify that Turnover

Section 99 of the CGST Act, 2017, deals with the Appellate Authority for Advance Ruling (AAAR). This provision specifies the constitution and jurisdiction of the AAAR under the GST framework. According to this section, the Appellate Authority constituted under a SGST Act or a UTGST Act shall be considered the Appellate Authority for Advance Ruling

Understanding the procedure followed upon the receipt of an application for advance ruling is essential for taxpayers seeking clarity under the GST regime. Section 98 of the CGST Act outlines the detailed steps undertaken by the Authority for Advance Ruling (AAR) once an application is filed. This blog breaks down the process in a simple

Section 97 of the CGST Act lays down the provisions related to the application for an advance ruling. This mechanism offers clarity to taxpayers on various aspects of GST before they undertake a transaction. It helps avoid future litigation and ensures compliance with the law. But how exactly does Section 97 work? Let’s break it

Section 96 of the CGST Act deals with the Authority for Advance Ruling (AAR). This section clarifies how the AAR functions under the GST regime and defines its applicability across different States and Union Territories. It establishes the framework for providing binding advance rulings to taxpayers seeking clarity on the interpretation of GST laws. What

Section 95 of the CGST Act, 2017, defines the key terms related to the mechanism of Advance Ruling under GST. This section lays the groundwork for understanding how taxpayers can seek clarity on the interpretation of GST laws before entering into a transaction. The concept of Advance Ruling is particularly helpful for businesses looking to

Understanding the implications of discontinuing or restructuring a business is crucial under the GST regime. Section 94 of the CGST Act, 2017, deals specifically with the liability of firms, associations of persons (AOPs), and Hindu Undivided Families (HUFs) in cases of business discontinuance, reconstitution, or dissolution. This provision ensures that the government’s revenue is protected,

When a taxable person passes away, a business is dissolved, or certain legal entities undergo structural changes, the question arises—who becomes responsible for the outstanding tax liabilities? Section 93 of the CGST Act, 2017, provides detailed provisions for such scenarios. This blog post explores Section 93 in depth to clarify the responsibilities of legal representatives,

When a business is managed not by its owner but by a court-appointed official or institution such as the Court of Wards, the Administrator General, or a receiver, it raises an important legal and tax-related question: Who is responsible for the GST liabilities of such a business? Section 92 of the CGST Act, 2017, provides