GST return filing

New GST Registration enables Functionality for Corporate Debtors

In a crucial move that will assist the taxpayers who fall under the classification of Corporate Debtor as per the requirements under the Insolvency and Bankruptcy Code, a new registration functionality has been facilitated the on the Goods and Services Tax (GST) portal. In this article, we will discuss on GST Registration for Corporate Debtors. … Read more

CBIC Authorized Auto population of details in Form GSTR-3B

GSTR-3B

The Central Board of Indirect Taxes and Customs ( CBIC ) has authorized the Auto population of details in Form GSTR-3B from Form GSTR 1 & GSTR 2B. In this article, we will discuss the Auto population of details in Form GSTR-3B from Form GSTR 1 & GSTR 2B. GST Annual Return Due Date Extension … Read more

GST Annual Return Due Date Extension for FY19

gst return filing

Big support for composite GST taxpayers, the Institute of Chartered Accountants of India (ICAI) has written to the GST Council asking for a GST Annual Return Due Date Extension  Due to the CoronaVirus pandemic, The Institute of Chartered Accountants of India (ICAI) has written to the GST Council asking for an extension of GST annual … Read more

Over 1.63 lakh GST registrations cancelled in last 2 months

GST Registration Cancellation 2020

For the first time, Tax officers have cancelled GST registrations of over 1.63 lakh entities in October and November for non-filing of returns In this article, we will discuss on cancelled GST registrations of over 1.63 lakh entities in October and November for non-filing of returns Canceled GST registrations of over 1.63 lakh entities in … Read more

GST on Educational Institutions

Gst on educational institutions

As we know Education is one of the major sectors of any economy. The education of the country’s youth decides how the economy of that country will prosper. Education advances understanding, vision, creativity and productivity of people which assists in the advancement of a country. In India, Education is rendered with both by the public … Read more

GST collection November 2020 crosses 1 lakh crore in FY 2020-21

GST Collection November 2020

For the second time, GST acquisitions in November reached over Rs 1.05 lakh crore, crossing Rs 1 lakh crore targets since October this year. In this article, we will discuss on GST collection November 2020. GST collection November 2020 The government announced that it collected GST amounting to ₹ 1,05 lakh crore in November. The … Read more

GST on Consultancy Services

GST on Consultancy Services

Consultancy Services in India contribute a wide range of staffing requirements for a financially savvy, less tedious, and skilled practice. It encourages linking to put their whole spotlight on their central business and abstain from overburdening the in-house staff. It provides long-haul advantages to both the organization and its workers. In this article, we will … Read more

GST on Electric Vehicles

GST on Electric Vehicles

As we know Electric vehicles are going to be the future of the automobile industry. Also, it plays a significant role in all sectors of the automobile sectors. It provides eco-friendly nature, healthy atmosphere and contributing to intensifying the environment. In this article, we will discuss GST on electric vehicles and also the significance of … Read more

GST on Fish, Fish Products and Seafood

GST on Fish

Indian fisheries play a significant role in all sectors of food production, rendering nutritional security to the food basket, contributing to agricultural exports and occupying about fourteen million people in various activities. Also, the fisheries sector plays an essential role in the Indian economy through substantial earnings, employment generation, supporting livelihoods of millions of fishers … Read more

GST Collections for October 2020 Exceed ₹1 trillion for the first time in FY 2020-21

GST collection October 2020

For the first time, GST acquisitions in October reached over Rs 1.05 lakh crore, crossing Rs 1 lakh crore targets since February this year. Also, the total amount of GSTR-3B returns filed till October 31, 2020, is 80 lakh. In this article, we will discuss on GST collection October 2020. GST collection October 2020 This … Read more