Latest GST circulars, notifications, court rulings, and compliance tips from Kyra Advisors.
The GST Network (GSTN) has issued an important advisory clarifying thecorrect procedure for applying pre-deposit payments made through FormGST DRC-03 when filing...
Read More →The place of supply determines whether IGST or CGST+SGST applies to a transaction. Getting this wrong can lead to tax paid to…
Read More →Exports under GST are zero-rated supplies. Exporters have two options — export under LUT without paying IGST, or pay IGST and claim…
Read More →A GST Show Cause Notice (SCN) is a formal communication from the GST department proposing a tax demand. How you respond —…
Read More →GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for FY 2023-24 are due by 31 December 2024. This guide covers key tables, important…
Read More →E-invoicing under GST is now mandatory for businesses with aggregate turnover exceeding ₹5 crore. This guide covers applicability, IRN generation, exemptions, and…
Read More →Section 17(5) of the CGST Act restricts Input Tax Credit on certain categories of goods and services. Understanding these blocked credits is…
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