Conditions for claiming Input Tax Credit are to be fulfilled by all the GST (goods and services tax) registered buyers. Having said that, these buyers cannot claim Input Tax Credit …
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Under GST, there are 11 types of GST Returns. The taxpayers under the GST regime have to file GST returns depending upon the type of supply of goods or services …
Know Types of GST Returns, Filing Period & Due Dates Read More »
The 50th GST Council Meeting chaired by Smt. Nirmala Sitharaman concluded on 11th July, 2023. In other words, the GST Council meetings has managed to cross half a century already. …
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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 …
Time & again various extensions have been provided to taxpayers to comply with filing of returns. GST Compliance for July, 2021 is as follows:
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 …
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 …
GENERATE YOUR GST E-INVOICE Electronic Invoicing commonly known as e-invoicing is an electronic authentication mechanism under GST. Under this mechanism, all the B2B and Export invoices generated by a business …
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 »