Trending

New Dimensions to GST Annual Report & GST Audit

The article is an attempt to explore the untouched areas in the GST Audit arena. The companies have started the GST audit processes and are focussing on GSTR 9 (It will be given by the system later) and GSTR 9C but somehow companies are missing the vital links for the GST Audit....

Read More
Posted Under: Income Tax | ,

GST Certified Practitioner Advanced Training course by MSME

JOIN 4 day GST Practitioner Advanced Certified Training course of Ministry of M.S.M.E. at Cochin, Agra, New Delhi, Mumbai, Noida, Kolhapur, Chennai, Coimbatore, Indore, Jaipur, Hyderabad, Bangalore, Kolkata, Goa, Gurgaon, Trichy, Pune in December 2018 and January 2019 starting from 15th December 2018. BROCHURE FOR GST PRACTITIONER ADVANCE...

Read More
Posted Under: Income Tax | ,

Intricacies of outward supply for filing up GSTR-9 & GSTR-9C

Amidst the clamour to extend the deadline of filing GST Annual Return and Reconciliation Statement in Form GSTR-9 (for normal taxable person)/ Form GSTR-9A (for composition taxpayers) and Form GSTR-9C for GST Audit by due date of December 31, 2018 for the Financial Year 2017-18,...

Read More
Posted Under: Income Tax | ,

CBIC extends due date of filing Form GSTR-9, GSTR-9A & GSTR-9C

CBIC extended Due date for filing of Annual return for FY 2017-18 in FORMs GSTR-9, GSTR-9A and GSTR-9C extended to 31st March, 2019 vide Press Release Dated 7th December, 2018. Official Order is expected today. Press Release 7th December, 2018 Extension of due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C FORM GSTR-9 [&hellip...

Read More
Posted Under: Income Tax | ,

FAQ’s on Form GSTR – 9C (GST Audit Report)

Q 1. Are the accounts maintained by the registered taxable person required to be audited by a Chartered Accountant/Cost Accountant under GST? Ans. It has been stated in the law that every registered person whose aggregate turnover during a financial year exceeds the prescribed limit of Rs. 2 Crore, shall get his accounts audited by [&hell...

Read More
Posted Under: Income Tax | ,

Responsibilities of management and GST auditor in GST audit

I have prepared the scope of the management as well as GST auditor responsibilities in GST audit under the GST laws. GST auditor’s responsibility is to audit the particulars included in the GSTR 9C to ensure that they are free of any material mis-statement....

Read More
Posted Under: Income Tax | ,

Annual Return-GSTR 9

Legal provisions of GST Annual Returns In order to understand the gamut of the GST Annual Returns and its requirement, it would be relevant for us to understand the legal provisions relevant for GST Annual Returns. Two important provisions which are relevant and important in this context are Section 35(5) and Section 44(1) of CGST Act,...

Read More
Posted Under: Income Tax | ,

An Insight into GST Audit

Introduction to Audit Goods and Services Tax was introduced to consolidate most of the indirect taxes and also to increase the tax base with emphasis on compliance. At the same time, thrust was given to self-assessment processes whereby the tax payers are required to assess their tax liability and pay taxes. Audit under GST by […]...

Read More
Posted Under: Income Tax | ,

Turnover Meaning under GST Audit

Every business entity having a turnover exceeding INR 20,00,000 (20 lakhs) in a financial year is required to be registered under the GST Act. Turnover means the aggregate annual sales of the business after providing discounts. Every entity whose aggregate turnover of the business exceeds INR 20,00,000 (20 lakhs) in a financial year is ma...

Read More
Posted Under: Income Tax | ,

GST, Excise, Service Tax, Customs & VAT updates for November 2018

 Indirect Taxes Updates GST, Customs, Excise, Service Tax & VAT – Month – November 2018 A. Amendment in Goods & Services Tax for the Month of November 2018 ♦ CBIC extended due date for filing Form GSTR-7 till 31st January 2019 CBIC has extended time limit for furnishing return by a registered person required to […]...

Read More
Posted Under: Income Tax | ,

Browse All Categories

CA, CS, CMA (3,934)
Company Law (4,144)
Custom Duty (7,114)
DGFT (3,786)
Excise Duty (4,170)
Fema / RBI (3,547)
Finance (3,748)
Income Tax (28,345)
SEBI (2,985)
Service Tax (3,413)

Featured Posts