Can GST ITC on Mobile Phone & Bill be claimed by a taxpayer?

CA Assisted GST Returns Filing & Preparing Reconcillations GSTR-1 and GST-3B Filing</p > TDS/TCS Statement Filing</p > GSTR-2B Input Credit Reconcillation</p > Maintaining Purchase & Sales Register</p > GST Payment Support</p > 24/7 GST Consultant Support</p > Hurry Up! Fill the Form Now Get GST Returns (GSTR-1 & GST-3B) filed monthly at Rs. 699 only….

How to claim GST ITC on Repair and Maintenance of Building?

Can GST Input credit be claimed on Repair and Maintenance of Building? GST ITC on repair and maintenance of Building can be claimed only if it amounts to routine repairs not the construction of the immovable property. Let us discuss the following along with the provisions of the CGST Act, 2017. GST Input credit can…

Eligibility of GST ITC on Bank charges & Journal entry

Whether ITC on Bank Charges is eligible or not? The ITC on bank charges is an eligible credit only if conditions mentioned in Section 16 of CGST Act,2017 are fulfilled. Bank charges input credit also does not fall within the ambit of Blocked credit in Section 17(5) of CGST Act,2017. We have discussed this issue…

The Untold Stories of Chartered Accountants – CA Tripti Verma

Failure to Success Stories of CA Students Every CA student has his or her own CA story, which needs to be shared. In our attempt to bring into light stories of Chartered Accountants who went through hard times and ultimately achieved their goal. The stories are indeed empowering and motivating us to never lose hope…

Compulsory GST Registration under Section 24

Compulsory GST Registration under Section 24 of CGST Act, 2017 People normally get confused about whether they need a GST registration or they can conduct business without enrollment into GST. The following are the reasons to obtain GST registration in India. GST registration for an E-commerce seller & E-commerce operator E-commerce Seller Persons who supply…

How to generate Flipkart reports for GST Returns filling?

Downloading Flipkart Reports for GST Returns – GST 3B and GSTR 1 The Flipkart sellers need three different types of reports for GST Return filling. The three different types of Flipkart reports for GST returns are as follows. GSTR Return Report TDS Report Sales Report Without the help of these reports eCommerce, sellers cannot file…

Download Consent Letter for GST Registration in word format

What is a consent letter for GST Registration or a Non objection certificate? A consent letter is a document that authenticates that the owner of the property has allowed his premises to be used by the taxpayer for the said business. A no-objection certificate or a consent letter for GST registration is required to be…