Introduction Authority for Advance Ruling, Kerala has recently clarified that recovery of food expenses from the employees for the canteen services provided by company would come under the definition of outward supply defined in section 2(83) of the Act, 2017 and, therefore, would be taxable as a supply of service under GST. The interpretations done by the […]

Restricting of input tax credit to the extent of 110% of the input appearing on GSTIN portal (GSTR 2A) will have negative impact on small and medium scale enterprises (“MSME”). Since there is an option to file GST Return 1 quarterly for the taxpayers having turnover less than 1.5 crore, input credit on the goods/services received from[…]