Change GST Registration Information
Change GST Registration Information GST registration requires various details of an applicant. Once an applicant has registered under GST, there might be a need to make amendments to the particulars of...
View Article28th GST Council Meeting
28th GST Council Meeting The 28th GST Council Meeting was held on 21st July 2018 in New Delhi. In the 28th GST Council Meeting, the Government has slashed the GST rates on various goods and services...
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Income Tax Filing Due Date Extended
Income Tax Filing Due Date Extended The income tax filing due date for AY2018-19 has been extended to August 30th 2018 by the Income Tax Department. Upon consideration of the matter, the Central Board...
View ArticleMonthly GST Return
Monthly GST Return – New 2018 Format In the 27th GST Council meeting, a new GST return format was announced. The new GST return format was set to make GST return filing simpler for over 90% of all...
View ArticleQuarterly GST Return – Sahaj & Sugam – 2018 Format
Quarterly GST Return – Sahaj & Sugam – 2018 Format In the 27th GST Council Meeting, the Government announced a simpler GST return filing regime for small taxpayers. Under the new regime, persons...
View Article29th GST Council Meeting
29th GST Council Meeting The 29th GST Council meeting was organized at New Delhi on the 4th of August, 2018. The meeting concluded with decisions that included incentivizing digital payments and...
View ArticleOpting In And Out Of Composition Scheme
Opting In And Out Of Composition Scheme Goods and service tax has brought along with it various compliance procedure resulting in high compliance cost. In order to reduce compliance cost of the small...
View ArticleGST on Coaching Class
GST on Coaching Class As everyone is aware, GST has been made applicable in India from 1st July, 2017. Inspite of various attempts to educate the masses, by the Government, there has been lots of...
View ArticleGST on Ambulance Services
GST on Ambulance Services As a move towards better health care system in the country, the Government of India under National Health Mission provides free ambulance service to States. Free ambulance...
View ArticleAdvantages and Disadvantages of Composition Scheme
Advantages and Disadvantages of Composition Scheme Implementation of Goods and Service Tax in India has brought along with it lots and lots of compliance. Dealing with the compliance part is not much...
View ArticleAdvance Received Under GST
Advance Received Under GST With the implementation of Goods and Service Tax Act, there has been tremendous change under various provisions of law. Present article highlights the provisions as...
View ArticleGST Annual Return
GST Annual Return Goods and Service Tax is one of the biggest tax reform in India. Introduction of Goods and service tax has subsumed various taxes like VAT, entry tax, octroi, excise duty, service...
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GST Form ITC-01
GST Form ITC-01 GST Form ITC-01 is a declaration form that is used to claim input tax credit. Input tax credit means that a taxpayer can claim the amount that has been already paid as GST while making...
View ArticleGSTR-9 Due Date Extended
GSTR-9 Due Date All taxpayers having GST registration are required to file GST Annual Returns in Form GSTR-9. The form must include the details pertaining to the transactions made during a particular...
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GSTR-9A
GSTR-9A – GST Annual Report GST registered taxpayers who have opted for the Composition Scheme under Goods and Services Tax (GST) are required to file GSTR-9A. GSTR-9A is a type of GST Annual Return...
View ArticleProforma Invoice vs Invoice
Proforma Invoice vs Invoice It is important for all Business Owners to understand when to create a proforma invoice and when to create an invoice. Creating an invoice has monetary and statutory...
View Article31st GST Council Meeting
31st GST Council Meeting The 31st GST Council Meeting was held at New Delhi on 22nd December 2018. In the GST Council Meeting, various important decisions pertaining to GST return filing and GST rates...
View ArticleGST Registration Exemption for Casual Taxable Person
Gst Registration Exemption for Casual Taxable Person Under Goods and Service Tax there are special provisions relating to the ‘casual taxable person’. Understanding in simple terms, ‘casual taxable...
View ArticleGST Turnover Limit
GST Turnover Limit The Central Government has decided to provide two threshold limit for GST registration for suppliers of goods, Rs.20 lakhs and Rs.40 lakhs. However, each of the individual State...
View Article32 GST Council Meeting
32nd GST Council Meeting The 32nd GST Council Meeting was held on 10th January 2019 at New Delhi. The decision taken in this meeting with respect to GST turnover limit and composition scheme changes...
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