32nd GST Council Meeting Updates

The GST Council in its 32nd Meeting held today under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Shri Arun Jaitley in New Delhi

Share
31st GST Council Meeting Decoded

The GST Council in its 31st meeting held on 22 December 2018 at New Delhi made the following policy recommendations.

Share
26th GST Council Meeting: Recommendations on Eway Bill and Key Highlights

The Eway Bill mandate will kick-off with inter-state transactions and by 1st June it will be implemented for intra-state movement of goods.

Share
Bill of Supply under GST

As per GST law, for every supply of taxable goods or services, a registered supplier is required to provide a tax invoice to the Purchaser.

Share
GST Registration: How to Register for GST Online in 12 Simple Steps

GST Registration is a two-step process. A Temporary Registration Number can be generated without submitting documents. step-by-step guide to get your registered in the GST portal.

Share
ITC-04 & Job Work: Charging GST on Goods not Owned

ITC-04 and Job Work under GST | Job Work includes outsourced activities that may or may not culminate into manufacture | Read more about due-date, format and filing here!

Share
Everything You Need to Know About TCS and GSTR 8

The TCS (Tax Collected at Source) collector is required to file a TCS return in form GSTR-8 within 10 days after the end of the given month.

Share
Form GSTR 3B: Eligibility, Due-date, Format, Filing

GSTR-3B is a monthly GSTR Return which consists of summarized details of supplies | GSTR 3B Format, Due date and Filing!

Share
Form GSTR 1 – Details, Format, Due-date, Eligibility, GSTR 1 & E-way Bills

GSTR-1 is a monthly or quarterly return (based on taxpayer’s annual turnover) that should be filed by every registered dealer. Know more about the duedate, format and eligibility here!

Share
Paid GST on Your Purchase? Exercise Your #RighttoKnow

The implementation of GST, has probably been the biggest taxation reforms in independent India. Besides uniting the country under a single tax regime, the roll out of GST has also laid the path for the formalisation of the economy.

Share
E-Invoice Schema | FORM GST INV-01 | E-Invoice Portal -Complete Guide

E-invoicing model has been adopted by many countries globally with varying implementation models. The Indian adoption consists of following components.

Share
Cases where Input Tax Credit cannot be availed under GST

The Input Tax Credit mechanism allows a taxpayer to reduce his tax liabilities on his sales with the taxes paid on inward supplies.

Share