A relief for taxpayers as GSTR 3B GST Return Filing Due Date extended for April 2022. The notification was released by the CBIC yesterday i.e. on 17th May 2022. The GSTR 3B GST Return Filing Due Date and due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme … Read more
Every GST Registered Taxpayer needs to file GST Returns on time and in the accurate manner. Otherwise, hiding transactions, incorrect information or even minor errors can result in scrutiny of GST Returns. Scrutiny Notice will also have strong impact against your business. Therefore, You also have to submit your response accurately and in timely manner … Read more
Due to the fact that GST and the e-way bill will have an impact on everyone, SEZs are also included in the scope of the changes they bring. If your business is in SEZ or you want to set it up there, you must know about the GST Return Filing for SEZ Units. This article … Read more
GST Return Filing is mandatory for everyone who has GST Registration in India. It is compulsory to do GST Return Filing no matter the business turnover, profitability, or revenue in a month. Taxpayers are required to file NIL returns even if they indicate that they have not issued any invoices for their registered firm at … Read more
The introduction of the Goods And Service Tax has overshadowed the other taxation systems like excise duty, service tax, and VAT. It was implemented on the 1st of July 2017 under the unique ideology, ‘one nation, one tax’. In this article, you will understand the difference between GST and VAT. The aim of introducing GST … Read more
GST or goods and service tax was launched on the 1st of July 2017. The tax has replaced almost all the indirect taxes in India. It is mandatory to issue an invoice or bill of supply when the supply value is more than Rs. 200 under GST Registration in India. There are several types of … Read more
GST is an indirect tax imposed on the supply of goods and services in India. The GST has lowered the burden of many taxes and placed them under one roof, benefiting Indian consumers and companies. Hence, there are several benefits of GST on Business and Consumers. In this article, you will understand GST Registration and … Read more
The government has expanded the mandate for e-invoicing or real-time reporting of business-to-business sales to all businesses. Currently, those with sales of more than 50 crores are required to use e-invoicing. However, with the latest notification, the Central Board of Indirect Taxes and Compliance has decided that the latest changes will take effect on April … Read more
GST Registration is an indirect taxation system in India. It is completely online and thus offers several advantages for startups. Many entrepreneurs also opt voluntarily for GST Registration in India for several reasons. In this article, you will learn Is GST Registration required for startups? What is a Startup? In simple words, Startups are companies … Read more
GST is an indirect taxation system in India. Every eligible taxpayer as per the GST Rules and Regulations must register under GST. Every business whether providing goods or services must get GST Registration depending upon a number of factors. The GST also applies to professionals such as Chartered Accountants, Doctors, Teachers, etc. In this article, … Read more