The 31st GST Council meeting had settled on introducing a new GST return filing model on a trial basis. So as to ease the progress to the new GST return filing system, a transition plan has been worked out. Presently, there’s a major trial for the taxpayers having GST registration, and that is to migrate […]
There have been a lot of queries from taxpayers on various stages of filing GSTR-9. Here are 10 most Frequently Asked Questions on the filing of annual GST Returns that will surely help the newly registered taxpayers in their first session of tax assessment.
There is no denial to the fact that the Goods and State Tax regime has made the trade & commerce all the more progressive and consumer centric. However, the real estate sector is one of those realms in economy where this user friendly tax policy is not yet ruled out all the complexities. The other […]
Central Board of Indirect taxes and Customs (CBIC) has recently introduced several provisions and alternative procedures through which various errors due to the anomalies or mismatch between the Shipping Bill and the data recorded while GST return filing procedure with respect to the FORM GSTR-1 can be rectified in the system.
CBIC on 9th October 2018 had introduced the Central Goods and Services Tax (12th Amendment) Rules, 2018 vide the Notification 54/2018 under the head ‘Central Tax’. This amendment has been made with respect to IGST refund claims of the exporters with GST registration.
As per the GST laws, the tax assessees under the GST composition scheme shall file one only return in every quarter rather than 3 monthly returns, as is the compliance for a normal or regular taxpayer. In this context, the GST authority has recently brought forward certain key amendments in the structure of the form GSTR-4.
Sh.Vajpayee has left the entire nation lamenting behind him and petitioning God for the tranquility of the reverend soul Other than taking pathbreaking choices in regard of fiscal consolidation, economic adjustment, and infrastructural growth, the Vajpayee organization had laid a few rules for the progressive governments in presenting some excellent economic changes and strategies. To name a few, we have GST Registration, Aadhaar, and Udyog Aadhaar Registration
The GST Council has proposed 4 amendment bills on seventh August 2018 to the CGST Act-2017, IGST Act-2017, UTGST Act-2017, and GST (Compensation to States) Act-2017.
Export-import entities have been encountering numerous difficulties in the entire process of IEC registration and IEC modification due to, inter alia, technical glitches such as internet browser errors and disrupted browser settings of DSCs (digital signs). In order to cope with the abovementioned hitches, the Directorate General of Foreign Trade (DGFT) has recently introduced certain amendments to the process of IEC registration, application and IEC modification.
The Food Safety and Standards Authority of India (FSSAI) has made it compulsory for the leading e-commerce nourishment aggregators to exclude the restaurants and sustenance businesses that don’t have FSSAI Registration or FSSAI license.