Trade Facilitation measures Amnesty scheme for appeal filing till 31st January 2024 > Who will it benefit? Taxable persons > who could not file an appeal against a demand order passed… Read More

Reading Time: 8 minutesEvery business owner and dealer who is registered under the GST system must file GST returns based on the nature of their business or transactions. In this blog, let… Read More

GST Composition Scheme The landscape of Goods and Services Tax (GST) compliance can be a daunting terrain for small individual business owners and professionals. Meeting the requirements… Read More

File GSTR-1 Return Online A goods and services tax (GST) return is a written record that includes the following details: Total purchase details Total sales made Total tax collected on sa… Read More

Accounting, Taxation & Computer Video Library Accounting… Read More

Giving and Receiving gifts are an integral part of India’s cultural heritage and are often treated as a token of love, gratitude and appreciation. The Income Tax of India imposes taxes… Read More

What is GST Return? A GST return is a mandatory form that must be filed by any taxpayer registered under the Goods and Services Tax (GST) law for each corresponding GSTIN registration… Read More

GST Council meetings have completed its half century with 50th GST Council meeting held on 11th July 2023 at New Delhi under chairmanship of Hon’ble Union Finance & Corporate Affai… Read More

GST registration is required for some companies. It will violate GST if the organization does business without registering for GST, and the governme… Read More

The GST portal has introduced several new features and updates to enhance the user experience and streamline various processes. This article highlights the recent changes, including geocodin… Read More

GST Return for Sales A GST return for sales refers to the form or document filed by a taxpayer to report their sales-related transactions under the Goods and Services Tax (GST) system. It pr… Read More

Introduction The Goods and Services Tax (GST) was established in India in 2017 and has since become an essential component of the nation’s taxation structure. The countrywide supply of… Read More

Post implementation of GST, the passing of ITC under fake invoices, i.e., invoices issued without underlying supply of goods or services for the sole purpose of passing ITC, has increased ex… Read More

GST was introduced to remove the cascading effect of taxes that existed under previous indirect laws. Any manufacturer, trader, retailer, supplier, e-commerce operator or any other person re… Read More

The GST Council meeting was held for the 49th Time on 18th February 2023 under the chairmanship of the Hon’ble Union Finance & Corporate Affairs Minister. Key points of discussion… Read More

GST Appellate Tribunal The Council adopted the report of the Group of Ministers with certain modifications. The final draft amendments to the GST laws shall be circulated to Members for thei… Read More

Budget 2023 HighlightsPART A: GENERAL The following items to get cheaper due to the reduction of Customs Duty: Tires, Televisions, Electric vehicles, Mobile phones The following items… Read More

IntroductionThe business of second-hand goods has grown exponentially over the past few decades. Thi… Read More

NEWSLETTER 31ST DEC 2022 Direct Taxes Partial relaxation with respect to electronic submission of Form lOF by select category of taxpayers in accordance with the DGIT (Systems) Notifi… Read More

Here in this article, we are explaining the below points  What is GST Return? Who Should File?Due Dates?Types of GST Returns?Late Fee?  GST return is a declaration cum document… Read More

ITC is not to be availed if it is in the restricted category of GSTR-2B 2 Reference to Section 43A removed from the conditions for availment of ITC 2 Extension of the due date of availment o… Read More

Electronic invoicing (e-invoicing) is a newly introduced system under GST wherein all B2B invoices are authenticated electronically by Goods and Service Tax Network (“GSTN”). E-i… Read More

Authority, or Governmental agencies, or Persons or categories of persons as may be notified by the Central or a State Government on the Council’s recommendations. As per Notification N… Read More

In the 47th GST Council meeting held on 28th June and 29th June 2022, GST Council recommended various amendments in GST Rate on goods and services to streamline GST refund due to inverted du… Read More

Everything you need to know about E-Invoicing under GST The CBIC has recently notified the fourth phase of implementing the E-Invoicing system under GST with effect from 1st April 2022 f… Read More

The Government of India has introduced the tax implications for cryptocurrency for the first time in the Union Budget 2022, while the Internal Revenue Service (IRS) of the United States (US)… Read More

GST registration is required for some companies. It will violate GST if the organization does business without regi… Read More

The history of the Goods and Services Tax (GST) dates back to the year 2000 when the idea was suggested and stretched to 2017 when it was implemented with four bills relating to it becoming… Read More

GST Return Filing Service Types, Fees & Pricing GST Return Filing Charges GST return is a format where a taxpayer registered under the Goods and Services Tax (GST) law has to file for e… Read More

The Supreme Court on Wednesday issued notice on a PIL seeking directions to the Centre to have a mechanism to track total GST paid on the OIDAR (Online Information and Database Access or Ret… Read More