GST return filing

GST Suvidha Provider (GSP) – All You Need to Know About GSP

GST Suvidha Provider (GSP) - All You Need to Know About GSP

The GST Suvidha Provider is the digital platform utilized by companies to file GST returns. It enables GST adherence by simplifying information, among other things, to boost security and efficiency during registration, submission of invoices, and filing of returns.  GSP or GST Suvidha Provider The Indian government has picked the GST Suvidha Providers (GSPs), a … Read more

E-Way Bill portal blocking resume from 15th Aug Again

E-Way Bill portal blocking resume from 15th Aug

An important update for taxpayers, start filing GST Returns now or face huge drawbacks in your business operations. The notification will have a drastic effect on taxpayers as the E-Way Bill generation blocking facility is going to resume soon. In this article, we will understand the latest update on GST by the government regarding E-Way … Read more

GST Collections in July rise to 1.16 trillion

GST Collections in July rise to 1.16 trillion

A massive GST Collection in the month of July. Statistics mention that the figure is a three-month high in July. Interestingly, the figure is above trillion and the experts estimate that the reason is the opening up of lockdown and ease of mobility restrictions. In this article, we will read about GST Collections in July rose … Read more

GST Annual Return Filing Liberalised

GST annual return filing liberalised

A piece of very good news for small taxpayers as GST annual return filing is now liberalised. Effective 1 August, the CBIC has liberalised the annual return filing requirement for companies. The CBIC has notified this good news via notification in three official orders. It is an important update, so let us understand it in detail … Read more

GST Registration for MSME

GST Registration for MSME

GST stands for goods and service tax. It is an indirect tax and has several benefits for every business entity in India. GST Registration for MSME can also benefit entrepreneurs in MSME Sector. In this article, we will understand GST Registration for MSME in detail. Know about GST GST stands for goods and service tax. It … Read more

New functionality on Annual Aggregate Turnover deployed on GST Portal

New functionality on Annual Aggregate Turnover deployed on GST Portal

Important update for taxpayers as the Government has announced a New Functionality on Annual Aggregate Turnover. The new functionality is deployed on the GST Portal for the convenience of Taxpayers. As a result, it will facilitate taxpayers in several ways. In this article, we will read New functionality on Annual Aggregate Turnover deployed on GST … Read more

Centre begins review of legal issues in GST

Centre begins review of legal issues in GST

The Centre has started a comprehensive review of the Goods and Services Tax (GST) law, as well as different GST rules. It is to offer clarification on concerns that have arisen since the levy’s implementation in July 2017. In this article, we will look at the Centre begins review of legal issues in GST. What … Read more

Negative Liability in GSTR-4- Filing of Annual Returns by taxpayers

Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4

As we know, under the Composition scheme taxpayers have to file a CMP-08 challan. Consequently, Composite taxpayers filing Annual Returns are facing issues in the portal. Several taxpayers reported an issue of negative liability appearing in GSTR-4. In this article, we will understand the government’s notification on Negative Liability in GSTR-4. What are GSTR-4 and … Read more

GST Registration for E-Commerce

GST Registration for Ecommerce

E-Commerce business is the new and one of the most valuable business platforms these days. It has been found in a survey that almost 80% of the population on the internet has bought something from these E-Commerce stores. However, it involves a complex taxation system. For instance, GST Registration for E-Commerce confuses many. Therefore, In this … Read more