Goods & Service Tax (GST)

जिस व्यापारियों ने अपना रजिस्ट्रेशन 12.6.2020 तक कैंसिल किया था और वह उन्हें revoke करना चाहते थे उनके लिए टाइम लिमिट बढ़ाकर 30.9.2020 कर दी गई है | आप 30.9.2020 तक रजिस्ट्रेशन revocation कर सकते हैं |

जिस व्यापारियों ने अपना रजिस्ट्रेशन 12.6.2020 तक कैंसिल किया था और वह उन्हें revoke करना चाहते थे उनके लिए टाइम लिमिट बढ़ाकर 30.9.2020 कर दी गई है |आप 30.9.2020 तक रजिस्ट्रेशन revocation कर सकते हैं |

अगर आप ने हाल ही में अपना C.A. चेंज किया है और आपका पुराना C.A. आपको जीएसटी के आईडी और पासवर्ड नहीं दे रहा है तो क्या करें ।

अगर आप ने हाल ही में अपना C.A. चेंज किया है और आपका पुराना C.A. आपको जीएसटी के आईडी और पासवर्ड नहीं दे रहा है तो क्या करें । जीएसटी की वेबसाइट पर सर्च टैक्सपेयर में जाकर आप अपना जीएसटी नंबर डालकर अपना jurisdiction ऑफिसर फाइंड करें,अब आप उनके पास जाकर एक एप्लीकेशन दे , …

अगर आप ने हाल ही में अपना C.A. चेंज किया है और आपका पुराना C.A. आपको जीएसटी के आईडी और पासवर्ड नहीं दे रहा है तो क्या करें । Read More »

Clarification in respect of levy of GST on Director’s Remuneration

Clarification in respect of levy of GST on Director’s Remuneration It is clarified that the part of Director’s remuneration which are declared as “Salaries‟ in the books of a company and subjected to TDS under Section 192 of the IT Act, are not subject to GST and not treated as supply in terms of Schedule …

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Clarification on Input tax Credit on staff welfare and medi-claims

Input tax Credit on staff welfare and medi-claims: Q: Can GST be claimed for Staff Welfare Expenses on account of preventive measures taken for COVID spread. Eg: Purchase of masks, sanitizers, transport of workers etc? A: Generally, ITC of GST cannot be availed on staff welfare expenses such as food, transport of workers, Insurance claim …

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What is Job Work ? What is Job work under GST ? GST rate on Job work? Condition for Input taken on Job Work? What is the producers for Job Work ? FAQ on Job work under GST? What is the GST return under GST?

What is Job work? Job-work means processing of input or unfinished goods. GST makes the Principal(the owner of the goods) to take care about compliance on behalf of the job-worker, considering the fact that Job-work is often a MSME sector and the same not able to comply with the structure of tax. What is Job work Under GST? …

What is Job Work ? What is Job work under GST ? GST rate on Job work? Condition for Input taken on Job Work? What is the producers for Job Work ? FAQ on Job work under GST? What is the GST return under GST? Read More »

What is Goods and Service Tax (GST)? Who (Person/Company) Needs to Register in GST in India? Types of Audit Under Goods and Service Tax (GST)? How to Register for GST on GSTN website? What are the penalties for not obtain GSTN certificate? What is the Document required for GST Registration?

Goods and Service Tax (GST) most commonly known as GST was introduced in India on 1st July 2017. Most of you might have seen and heard about GST a lot these days, and many of you might be keen to know what GST actually is. In this guide, we will be clearing your views about …

What is Goods and Service Tax (GST)? Who (Person/Company) Needs to Register in GST in India? Types of Audit Under Goods and Service Tax (GST)? How to Register for GST on GSTN website? What are the penalties for not obtain GSTN certificate? What is the Document required for GST Registration? Read More »

What is Goods and Services Tax (GST) | FAQ on Goods and Service Tax (GST).

Q 1. What is Goods and Services Tax (GST)? Ans. It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. In a nutshell, only value addition …

What is Goods and Services Tax (GST) | FAQ on Goods and Service Tax (GST). Read More »

Existing GST Return formats (GSTR-1, GSTR-3B & GSTR-2A) are proposed to be replaced with the New Return format (GSTR-1 (Sahaj), GSTR-2(Sugam) & GSTR-3 (Normal)).

You would be aware that shortly the existing Return formats are proposed to be replaced with the New Return format from a date to be notified.       New Return filing System: In the proposed system of new GST Return filing, you would be required to file FORM GST RET-1/2/3, on the basis of the option selected. The …

Existing GST Return formats (GSTR-1, GSTR-3B & GSTR-2A) are proposed to be replaced with the New Return format (GSTR-1 (Sahaj), GSTR-2(Sugam) & GSTR-3 (Normal)). Read More »

Common issues and their possible solution in annual return GSTR9

Please note Form GSTR 9 once filed cannot be revised. During the preparation of the GSTR 9 with the help of completed reconciliation, many issues have been raised by professional as well as taxpayers. In this respect we have compiled the issues with their possible solution with respect to filing of this Annual return which are being clarified as …

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Clarification regarding Annual Returns (GSTR-9 & 9C) and Reconciliation Statement

Role of chartered accountant or a cost accountant in certifying reconciliation statement: There are apprehensions that the chartered accountant or cost accountant may go beyond the books of account in their recommendations under FORM GSTR-9C. The GST Act is clear in this regard. With respect to the reconciliation statement, their role is limited to reconciling …

Clarification regarding Annual Returns (GSTR-9 & 9C) and Reconciliation Statement Read More »