The Special Economic Zones are deemed as foreign territory for trading operations and taxation purposes, i.e. any goods or services supplied to the SEZ shall be treated as Zero-Rated supply and attract 0% GST.
GSTR-5 return contains information related to sales and purchases of a non-resident’s business | How to file GSTR 5| Applicability | Format| Form download. Read more...
E-commerce operators are allowed to generate IRN on behalf of a supplier. Read all the details about e-invoicing for e-commerce operators here in detail.
GSTN makes System computed values of GSTR 1-Monthly filers available in Form GSTR 3B as PDF Statement
Form GST RFD-10 is similar to Refund Application RFD-01 but it is made only by UIN or multilateral financial institutions. Read more about RFD-10 here
The 41th GST Council Meeting by the finance ministry is touted to be held on August, 27th 2020 via video conferencing. Here are some of the expectations from the upcoming meeting.
GSTR 2B is a static statement of available ITC for the taxpayer generated on the basis of GSTR 1, GSTR 5 & GSTR 6 filed by recipients' counter parties before the 14th of the succeeding month
Read how you can to generatean E-way Bill using the IRP. Conditions for generation E-way Bill, cancellation process | E-invoicing and E-way Bill
Here’s how IDT teams needs to be equipped enough to handle the constant changes and updates. Read about ideas that can be implemented for a smooth workflow.
The government is planning to change some specifications to ease the compliance process. Here are the upcoming GST return filing changes and its expected impact. Read more…
Form RFD-09 is also known as Reply to Show Cause Notice. This is the reply by applicant on form RFD-08 issued by the concerned government officer.
Form RFD-08 is also known as notice for rejection of the application for refund. This form provides information about the reason why form RFD-01 and RFD-01A is rejected.
