GST

Global Handwashing Day 2020-Hand Hygiene for all

Global Handwashing Day

The COVID-19 pandemic presents a stark reminder that hand-washing is one of the most simplistic ways to prevent the spread of any virus and ensure better health outcomes overall. This year’s Global Handwashing Day theme is Hand Hygiene for all, asking for all of society to achieve universal hand hygiene now and for the future. … Read more

GST on LED Bulbs and Lights

gst on led bulbs and lights

LED is an extremely energy-efficient lighting technology, and has the potential to transform the future of lighting in India. The LED bulb is currently accessible in a wide variety of home and industrial products, and the list is growing every year. The rapid extension of LED technology leads to more products and enhanced manufacturing efficiency. … Read more

GST on Wood and Wooden Furniture

gst on wood and wooden furniture

As we know the wood and wooden furniture consider as the basic requirement of every business. Although, the GST rates will be imposed in various categories, 12%, 18% and 28%. In this article, we will discuss GST on wood and wooden furniture and also the significance of GST Registration. Before knowing about the procedure, now … Read more

CBDT issued an order to Upload of GST Return Information in Form 26AS

While filing the GST return, the taxpayers face many obstacles regarding the turnover Gross Receipt for GST return. Now, the CBDT has issued a new notification for uploading the Information relating to GST return filing information Form 26AS as per Rule 114-I. Let’s summaries the Notifications issued:- CBDT Notification on New Form 26AS (Annual Information … Read more

GST on Courier Services

GST on courier services

As we all know Courier services are considered as the most essential requirement for businesses to enhance their productivity. Courier services refer to any person who involved in door-to-door transportation, either directly or indirectly, to take or accompany such documents, goods etc, or to prevent the goods from any misplacement and damage of goods. In … Read more

CBIC Extend the time limit for raising Tax Invoice

CBIC has issue the notification for the issue of the tax invoices

The CBIC has issued the notifications for the issue of the Tax invoice for the sale of goods on approval basis. Let’s summarise the Notifications issued:- Extension of time limit for issue of Tax Invoice The CBIC has issued the notification for the issue of the Tax invoice for the sale of goods on approval … Read more

CBIC waived off Late Fees for GSTR-4 & GSTR-10

Income tax

The CBIC has issued the notifications for waived off late fees for the late filing of GSTR-4 and GSTR-10 Let’s summarise the Notifications issued:- Know About GSTR-4 and GSTR-10 Return GSTR-4 is a return that needs to be filed by taxpayers. The due date for GST Return filing Form GSTR-4 Annual Return is 30th of the month … Read more

GST on Sanitizer

GST on Sanitizer

The consumer demand for face masks and hand sanitizers has increased during the year 2020 due to the COVID-19 pandemic. These products are now necessary commodities for social distancing and maintaining good hygiene. Every buyer must aware of its pricing and MRP to avoid being overcharged. In this article, we discuss the GST on sanitizer … Read more

GSTN issues advisory on delinking of Credit/Debit Note from the invoice or filing Refund

delinking of credit/debit note

The GSTN portal has issued the Advisory issued on Delinking of Credit/Debit Note from Tax Invoice. Let’s understand in detail –  Advisory issued by GSTN GSTN has issued the formal advisory in regard to delinking of Credit/Debit Note facility which has given below for the ready reference of our readers. It was also intimated that … Read more

ICAI asks extension of GST annual return filing for FY19

gst annual return filing FY19

Big relief for composite GST taxpayers, the Institute of Chartered Accountants of India (ICAI) has written to the GST Council asking for an extension of GST annual return filing for FY19. Let’s understand in detail – Due to the COVID-19 pandemic, The Institute of Chartered Accountants of India (ICAI) has written to the GST Council … Read more