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 …
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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 …
The due date for filing of GSTR-9 Annual Return for Assessment Year 2021-22 is 28th February, 2022.
GSTR 9C is an annual audit return form for the reconciliation statement. The due date for the same is 31st December, 2021.
GSTR 9 is an annual return form for the regular taxpayer. The due date for filing of GSTR-9 for FY 2020-21 is 31st December, 2021.
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 …