GST registration

CBIC Launches Drive To Clear All Pending GST Refund Claims

CBIC Launches Drive To Clear All Pending GST Refund Claims

The destination-based Goods and Services Tax (GST) was launched in the year 2017 to make India a unified market. Since its launch, there has been a surge in the collection of indirect taxes in the country to clear all pending GST refund claims. However, it also had its own challenges in the journey down the … Read more

Date of GSTR-2B (Details of ITC) for April 2021 extended

Due to the Covid-19 pandemic, the Goods and service Tax Network (GSTN) department announced that the GSTR-2B for April 2021 will be generated after the Due dates. In this article we will discuss on Date of GSTR-2B (Details of ITC) for April 2021 extended. What is IFF and GSTR-1? The Invoice providing Facility (IFF) is … Read more

Oxygen Imports Exempted From GST, With Caveats

COVID-19 Vaccine, Oxygen Imports Exempted From GST, With Caveats

With the rise of the second wave of Coronavirus, the Government of India took several steps to bring the situation to a normal condition, and still, the battle is going on. Recently, it has been observed that demand for Covid materials such as vaccines, Remdesivir medicine, and oxygen has significantly increased and most of the … Read more

Compliances under GST for NRIs

Compliances under GST for NRIs

The goods and services tax is the biggest milestone in the history of taxation. Earlier, various forms of taxes were put on the citizens and the distribution of taxes between the state and center was complicated. So, the concept of tax on common goods and services was introduced in the entire country to simplify the … Read more

GST on Imported Oxygen Concentrators Slashed

GST on Imported Oxygen Concentrators Slashed

This post deals with a subject directly related to the Covid-19 crisis. We would urge readers to read it until the end to keep themselves updated on the latest developments. GST on Imported Oxygen Concentrators Slashed On May 1, 2021, most Indians woke up hearing a piece of good news, ‘GST on Imported Oxygen Concentrators … Read more

Penalty / Interest Waive off on GST Late Return filing

CBIC extends GST Return Due Dates Waives Late fee for GSTR3B

While the country is grieving from the COVID-19 pandemic, the Government has provided great relief to the taxpayers by extending the deadlines to file various GST returns. The Government also waived off the late fee payable for the delayed filing of GSTR-3B. In this article, we will discuss on Penalty / Interest Waive off on … Read more

Relaxation in Company GST Return Filing without DSC

GST Return Filed with EVC

In a relief to several businesses, the Central government on Tuesday said that it has allowed llp companies to verify through electronic verification code monthly GST returns filed till May 31. The recent notification reading ‘filing Relaxation in Company GST Return Filing without DSC’ is making headlines all over. In this article, we will discuss … Read more

How GST applies to flat owners, RWAs

How GST applies to flat owners

How GST applies to flat owners is the new question as there’s an important update by the government. Therefore, In this article, we will discuss the critical query of How GST applies to flat owners, RWAs and What GST is. What is GST? As the name suggests, The Goods and Services Tax (GST) is a … Read more

GST Collection April 2021

GST Collection April 2021

According to a report published by SBI ahead of the official GST revenue data release on May 1, the GST collection April 2021 figure is likely to hover around ₹1.15 lakh crore to ₹1.2 lakh crore. It is good news, considering the country has been in a continuous state of multiple lockdowns. In this article … Read more

GST Law for NRTP

GST Law for NRTP

Under GST law, a Non-Resident taxable person (NRTP) has to register for the GST irrespective of the turnover and it is mandatory. And that person must apply for the GST Registration 5 days before launching their business. NRTP are those who do business transactions occasionally but don’t retain any business place in India. Their all … Read more