GST on BRICKS – Tax Rate, ITC, Reporting and Other Matters

From 1st April 2022, rate of tax along with the claiming of Input Tax Credit and the reporting details of the same in GSTR 1 has undergone major changes. We are trying to explain the same in an easy way as below: Nature of BRICKS covered: Tariff Item Description Rate till 31.03.22 Rate from 01.04.22 […]

Decoding Notification No. 39/2021 – GST dated 21st December 2021.

GST_Update – Notification No. 39/2021 – Central Tax dated 21st December, 2021 Union Budget 2021 has presented various amendments to the GST Law through Finance Act, 2021. However, the same were not notified at that time. Now, the department has issued Notification No. 39/2021 – Central Tax on 21st December, 2021 notifying the applicability of[…..]


Kindly find below the RECOMMENDATION OF THE 26TH GST COUNCIL MEETING:   E-WAY BILL In the 26th GST Council meeting, it was expected that the council will announce the date of applicability for E Way Bill as the necessary amendments in the E Way bill rules were already made just before 2 days of the[…..]