"Youtuber - GST Talk Stanly."
Explore the complications faced by contractors under GST, including billing delays, reconciling income tax and GST figures, and proposed solutions for smoother operations.
Fulfill your payment obligations to the supplier within 180 days & save yourself from legal & financial repercussions. Non-payment of consideration within 180 days can put traders in big trouble – ITC not eligible as per Section 16(2)(d).
Explore the late filing fees under GST for various returns like GSTR1, GSTR3B, GSTR-4, GSTR-7, GSTR 9, and GSTR9C. Understand the maximum late fees per return and relevant notifications. Learn about the concerning issue related to the delay in filing annual return GSTR 9 and the potential impact on the taxpayer.
As per the existing Rules under GST construction and sale of flats/ residential villas for which effective GST @ 1% & 5% is applicable for affordable residential units and others respectively.
Find out how the Commissioner CBICs Circular No. 183/15/2022-GST solved the Input Tax Credit Mismatch between GSTR1 & 2A for 2017-18 & 2018-19. Learn more!
GST Law in India – need for an amnesty scheme? Find out more on the complex returns filing process and current mismatching notices from GST authorities