1. Highlights of this GST Council meeting A) GST Return Filing process further simplified Regular taxpayers with a turnover up to Rs 5 crore may choose to send GST returns quarterly against earlier limits for Rs. 1.5 crore. However, these taxpayers must pay tax monthly through Challan. Regular taxpayers with a turnover…
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After GSTR 1 and GSTR 2 introduced by the seller, you need to install GSTR 3 and make GST payment. Also, if restitution is required, the same will be done by creating a refund request form. Payments – 1. What are the payments to be paid within the GST? According to GST is paid mainly…
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The e-way account is that the person carrying the vehicle must submit that the value of the product has more than Rs. 50,000. Under certain circumstances, the last user may also want to make a computer account. In this article, we will look at the situation where consumers want to create an e-mail account and…
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The GST Act requires multiple compliances regarding tax payment, tax return filing, invoicing and etc. However, merchants who work at a slightly lower level may have limited transfers and do not have the necessary resources to comply with complex provisions. Thus, the composition scheme is introduced to reduce the burden of tax implementation for small…
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Latest GST News – Updates – Announcements Extend the maturity date of the GSTR-3b file! GSTR-3B’s maturity date for April 2018 was extended to May 22, 2018, from 20 May 2018. Last updated as April 10, 2018 In the state, the implementation of electronic trend bills starts to Telangana, Gujarat, Uttar Pradesh, Andhra Pradesh and…
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GST Council to take up 5% sugar cess to compensate cane farmers Meanwhile, many countries are opposed to the idea of a separate GST service because they run counter to the principle of a common indirect tax On Friday, the GST will consider a proposal to impose a sugar tax to compensate sugarcane farmers. The…
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