GST

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

GST Compensation: Centre releases 75000 crores to states, Uts

GST Compensation Centre releases 75000 crores to states, Uts

A finance department has released Rs 75 thousand crores nowadays to Uts and States with the government under the end-to-end loan ability in lieu of GST compensation. The authority has rented and provided to states Rs 75000 crore to create up for the deficit in their proceeds as of the GST execution. The finance department … Read more

A Rise in e-Way Bills Indicates Increased GST Collections in July 2021 

A Rise in e-Way Bills Indicates Increased GST Collections in July 2021

E-way bills are a crucial part of indicating business activities in India. Interestingly, we are seeing a Rise in e-way bills in our nation. Hence, A Rise in e-Way Bills also indicates Increased GST Collections in July 2021. In this article, we will get to know about this increase in the generation of e-Way bills. … Read more

GST Registration for Restaurants

GST Registration for Restaurants

GST Registration for restaurants is more important than ever. The reason is restaurants are booming everyday. Thanks to additional support of Food Startups such as Zomato and Swiggy. This leads to generation of business and therefore, the Government imposes various taxes. In this article, we will cover GST Registration for Restaurants. In addition, we will also … Read more

GST Registration for Proprietorship Firm

GST Registration for Proprietorship Firm

GST (Goods and Service Tax)  Registration is mandatory for every entity of business type. This also applies to proprietorship firms. However, there is a lot of confusion about it. That’s why, In this article, we will know about GST Registration for Proprietorship Firm in detail. Know about Sole Proprietorship Firm A sole proprietor is a … Read more

GST Registration for Amazon Sellers

GST Registration for Amazon Sellers

GST Registration for Amazon Sellers is mandatory in India. As we all know, Amazon is an online selling platform. It provides a common platform for both sellers and buyers. It helps sellers deliver products and services worldwide. Similarly, using Amazon buyers can buy products anywhere in the world. In fact, it is one of the … Read more

Impact of GST on property rented for commercial purposes

Impact of GST on property rented for commercial purposes

Rent payment is one of the most famous expenses in any industry. GST (Goods and Services Tax) is charged on rent in many cases. This article gives all the information about the impact of GST on property rented for commercial purposes and other details. Impact of GST on rental fee The implementation of GST (Goods … Read more

New functionalities to be deployed on GST Portal from July, 2021

New functionalities to be deployed on GST Portal from July, 2021

The new functionalities to be deployed on the GST portal will be available from July 2021. In order to provide the best and hassle-free experience for taxpayers, the government is providing these new functionalities. These new functionalities are deployed on the GST Portal. Let’s look at these new functionalities deployed on the GST Portal in … Read more