GST
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Rule 86B of GST – 1% Cash Payment, Exceptions, Calculation & Consequences
- February 7, 2026
- Posted by: Amit Mundhra CA
- Category: GST
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Rule 86B of GST restricts the utilisation of input tax credit by mandating a minimum cash payment where monthly taxable turnover exceeds ₹50 lakh. This article explains the applicability, statutory exceptions, cumulative cash payment mechanism, consequences of non-compliance, DRC-03 payments, and the refund process for double tax payment, with practical insights to help taxpayers ensure smooth GST compliance.
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Refund of Pre Deposit for Appeal under GST – Supreme Court Ruling 2026
- January 21, 2026
- Posted by: Amit Mundhra CA
- Category: GST
Refund of pre deposit for appeal under GST has been a recurring area of dispute, particularly where refund claims are rejected by invoking the limitation under Section 54 of the GST Act. In a recent judgment in State of Jharkhand vs BLA Infrastructure Pvt. Ltd., the Supreme Court has clarified the correct statutory route for refund of pre-deposit made for filing an appeal. This article analyses the findings of the Jharkhand High Court and the Supreme Court, examines the role of Section 107(6), Section 115 and Section 54, and explains the legal and practical implications for taxpayers and GST practitioners.
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Which Is Better Composition or Regular GST?
- September 18, 2025
- Posted by: Amit Mundhra CA
- Category: GST
Small businesses often ask, which is better composition or regular GST? This article explains how GST rate and profit margin decide the winner, with real scenarios, profit tables, and clear break-even points for B2C sellers.
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GST Rate With ITC or Without ITC – How to Choose the Right Option
- September 12, 2025
- Posted by: Amit Mundhra CA
- Category: GST
The recent GST reforms have revived the debate of GST rate with ITC or without ITC. Learn the impact of new GST reforms in relation to which option to choose. GST Rate with ITC or without ITC. Use our free Calculator.
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GST Appeal Rejected What Next?
- July 29, 2025
- Posted by: Amit Mundhra CA
- Category: GST
GST appeal rejected! What next? Learn your options, tribunal status, and how to stay recovery under recent CBIC guidelines.
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Change in Rules of mentioning HSN code on Tax Invoice w.e.f. 01-04-2021
- March 9, 2021
- Posted by: Amit Mundhra CA
- Category: GST
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GST late fees waiver to be discussed in next GST council meeting
- June 2, 2020
- Posted by: Amit Mundhra CA
- Category: GST
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Why reconciliation of Books with GSTR-2A is Important?
- May 12, 2019
- Posted by: Amit Mundhra CA
- Categories: GST, Income Tax
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CBIC issues Clarification regarding application for revocation of cancellation of registration
- April 24, 2019
- Posted by: Amit Mundhra CA
- Category: GST