I was the part of Indian GST implementation. I helped many clients and continue helping. I have worked in UAE VAT implementation with many clients and consulting firms. Since last one year, I am helping Middle East businesses to understand about new VAT regime and continue helping to get VAT registration, compliances on time and continue spreading knowledge through various channels.
Finally, Decree-48 of Bahrain VAT Law has been approved by Bahrain parliament. And now industrial, businesses & professional are waiting for Executive Regulation very patiently. After released VAT Decree Law, now businesses needs to understand their VAT impact on their business. They need to analyses & understand the VAT requirement changes in business. Education sector […]
GST is going to complete its very First Anniversary. But thing is that still return simplification format not decided or 300+ changes already made with in less one year or many issues are still not clear. Recently held GoM meeting has decided that GSTR-1, 2 & 3 will not be more. They are working on new formats.
What is consolidated e-way bill? A consolidated E-way bill is generated when the transporter is carrying out multiple consignments in a single vehicle. In such cases, the transporter will select a number of E-way bills populated by the supplier and assign a common vehicle. Consolidated E-way bill allows the transporter to carry a single document […]
What is detention report:- If GST tax officer will detained goods or the vehicle of the tax payers or transporter more than 30 minutes without proper reason. In that case transporter or tax payer can generate Report of Detention in form GST-EWB-04 giving details of office in charge.
Four days are only left to implement E-way bill much awaited and much-delayed system in India. After many hassles, GST portal is ready to download more than 1,50,000 E-way bills on daily basis.
Advantage of E-way bill: Less documentation:- All the exiting state-wise documentation required for movement of goods will never again be require. Another beneficial that is available for the transporters is the establishment of RFID device in the vehicle used to transport consignment on a regular premise.
As we all know that E-way has been introduced since 16th Jan-18 on temporary basis. Now from tomorrow 1st Feb-2018 it is going to be implement Nationwide. States list are increasing very fastly. Most of states are going to be implement both Intra-State and Inter-state basis e-way bill. Where more than 13 states has been confirmed for the same.
52 Important Services available on GST Portal Includes GST REG-01, Form GST REG-29, Form GST CMP-01,Form GST CMP-02, Intimation to pay tax under composition levy, Form GST CMP-03, Intimation of details of stock on date of opting for composition levy, Form GST CMP-04, Withdrawal from composition levy, Form GST ITC-01, Form GST ITC-03, Stock Statement, Application for filing clarification, FORM GST REG-14, FORM GST REG-14, Track Application status, PMT-03, PMT-02, PMT-01, GSTR-3B, GSTR-1, GSTR-1A, Table 6A of Form GSTR-1, GSTR-2, GSTR-2A, GSTR-3, GSTR-4, GST ITC-04 and Form GST Trans-1
GSTR-4 offline utility has been put into Public Domain. Now It can be downloading from GST portal by following below link. https://www.gst.gov.in/downloads