GST

CBIC waives GST Return Filing Late Fees for GSTR4

CBIC waives GST Return Filing Late Fees for GSTR4

A piece of positive news for taxpayers as CBIC has notified GST Return Filing Late fees waiver for GSTR4. This was done to provide convenience to small taxpayers. However, taxpayers must note that this relief is available for only a short duration. Therefore, you must not miss this golden opportunity to file delayed GST Returns. … Read more

How to cancel gst registration online

How to cancel gst registration online

Taxpayers can cancel GST Registration online. Your GST cancellation can also be ordered by tax officers. However, it’s important to know that GST cancellation is different from GST Registration or GST Modification. An in-depth explanation of GST cancellations and how to cancel GST Registration online is provided in this article. What does GST Registration Cancellation … Read more

GST on transfers between related persons in India

GST on transfers between related persons in India

Nowadays, most businesses operate with subsidiaries and branches spread throughout the various cities of India. Decentralization, along with collaboration, has helped various businesses and organizations to expand and therefore has helped optimize the efficiency of each of these processes. These businesses also have to maintain different account books and make separate profit analyses for their subsidiaries … Read more

GST for sole proprietorship in India

GST for sole proprietorship in India

In India, a firm can be owned, managed, and controlled by a single individual as a Sole Proprietorship. You get to retain all of the money or profits you make. It is also possible to avoid multiple taxes in India because of the advantages of single proprietorships. Only in your own name will you be … Read more

E-Invoicing Under GST Regime

E-Invoicing Under GST Regime

E-Way Bills on the GST portal make it easier for items to be transported from one location to another. An electronic invoicing system or e-invoicing system was also implemented at the GST Council at its 35th meeting. Hence, E-Invoicing under the GST Regime is an important concept that you must know. In this article, you … Read more

GST on road projects in India

GST on road projects in India

India has the second-largest road network in the world, with a total of 5.23 million kilometers of roadway. Only 2% of the country’s overall road network is designated as a national highway, although it carries 40% of the country’s total traffic. Roads carry 65% of freight and 80% of passenger travel, which is a fascinating … Read more

The implication of GST on social media/Instagram influencers

The implication of GST on social mediaInstagram influencers

Nowadays, most of us spend hours on social media. Social media is the simplest way to stay connected with friends, family members, and office colleagues. It is also considered the newest way to remain updated about the various things happening around the globe like new product launches, current affairs, and the latest trends. So now, … Read more

GSTR 3B GST Return Filing Due Date Extended for April 2022

GSTR 3B GST Return Filing Due Date Extended for April 2022

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

All about Scrutiny of GST Returns

All about Scrutiny of GST Returns

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

Gst Exempt On Service Provided To Government Organisations

Gst Exempt On Service Provided To Government Organisations

There are various items that are GST exempt On Service Provided To Government Organisations. Similarly, there are also services that are exempt from GST. In this article, you will understand the concepts of GST exemption on services provided to government organizations, What is Exempt Supply? The exempted list includes the following types of supplies: All the … Read more