GST returns are mandatorily required to be provided on a monthly basis under the GST regime. Ever taxpayer must file his returns diligently by the 20th of every subsequent month. In case such tax due has not been paid,...
The Goods and Services (GST) Council so constituted, convened on May 18, 2017 to discuss and finalize GST rates for approximately 1200 goods spread across in almost 100 categories. Additionally, on May 19, 2017, the GST Council met to...
Transitioning under the GST is imperative for all businesses once the GST regime sets in. Every business must understand what category it falls under to ensure smooth transitioning from the erstwhile indirect tax regime into the GST regime. Review...
Upon GST transition taking place all over the country, you need to be updated with the basics. This article is going to help you understand all you need to know with respect to your business and compliances that you...
Returning a good once sold is very common – even for business during the course of trading. Under the erstwhile indirect tax regime, once a good is returned it has a reducing effect on the total sales turnover of...
In case you are a registered taxpayer under the erstwhile indirect tax regime, you will be provided with a provisional registration under the GST regime and an opportunity to transition. Once this provisional registration has been granted, a dealer...
Transitioning under the GST Regime – From a Regular Dealer to the Composition Scheme The GST regime calls for registration – that is the first step in transitioning towards a single unified tax system in India. But first we...
Transitioning with the GST is a great move for any dealer, however, are you aware of how to register under the GST regime? We have provided a snapshot of all the essential information required for GST registration both for...