Before the advent of the Goods and Services Tax regime, the indirect tax regime comprised of service tax, central excise, VAT and other related taxes. Under the old indirect tax …
HOW TO CLAIM INPUT TAX CREDIT, ELIGIBILITY & REQUIREMENTS. Read More »
Goods and Services Tax for short: GST Returns is a document that contains all the details of input (purchases), output (sales), input tax (tax paid on purchases) and output tax …
In order to provide relief to small scale businesses of GST registered taxpayers, the Central Board of Indirect Taxes and Customs has published Quarterly Monthly Payment (QRMP) Scheme. It can be availed by taxpayers having an aggregate turnover of up to Rs. 5 crores.
Goods and Services Tax or GST is an indirect tax which is levied on manufacture, sale and consumption of goods and/or services. Goods and services tax laws came into force …
The month of March is the last month of the financial year. To give taxpayers one last time opportunity, various departments have also extended the due dates and the last …
Important Due Dates for Various Compliances in March, 2021 Read More »
In India, the government is authorized to collect taxes from persons through process authorized by law. If the person has paid the taxes that were above the amount that was …
What is GST Return? GST return is a document containing details of income which a registered GST dealer is required to file with the tax officials, Government of India. Through …
GET YOUR GST REGISTRATION NOW common myths and facts of CGST In order to curb fake invoicing and malpractices by taxpayers to evade tax or claim more Input Tax Credit …
Myths And Facts of CGST Notification Dated 22.12.2020 Read More »
Central Board of Indirect Taxes and Customs vide Notification No. 94/2020-Central Tax dated 22.12.2020 has issued Central Goods and Services Tax Rules (Fourteenth Amendment), 2020, inter alia, amending Rule 36(4) of …
E-way bill or Electronic Way bill is a bill issued for the movement of goods from one destination to another. This bill is must for the commencing the movement of …
How to process application for unblocking the e-way bill? Read More »