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GST 2.0: Are Enterprises Ready for GST Compliance Yet?

GST 2.0: Are Enterprises Ready for GST Compliance Yet?

GST
January 20, 2020 561 0

Further simplification of the current GST regime with a new GST return system will help businesses with hassle-free and timely filing.With 2 years of GST being in existence and 35 GST council meetings happened, the way the governm...


Blog

CBIC Release GSTR 9C V1.5 Update for Offline Utility

GST
December 31, 2019 3065 0

The Central Board of Indirect Taxes and Customs ( CBIC ) has introduced fresh mutations in GSTR-9C (Reconciliation Statement), in the fullness of time.The GSTR-9C offline utility in excel format is developed to facilitate the prep...


Blog

Mandatory Implementation of GST E-Invoicing w.e.f April 1, 2020

GST
December 20, 2019 1350 0

The coming April month of 2020 will mark the mandatory beginning of the GST E-invoicing system in certain business categories. This necessity will bring along many benefits for banks and businesses, particularly for MSMEs.Mandator...


Blog

Important FAQs Related to New GST ANX-1 Outward Return Form

GST
December 16, 2019 872 0

Effective from 1 October 2019, all the taxpayers in India need to abide by the norms of the new GST Return Filing System while filing their returns. As directed by the new return policy, there are 3 GST returns that are to be file...


Blog

Result of Non-Filing Form AOC 4 and MGT 7 by Companies Registered

GST
December 5, 2019 2234 0

Form AOC 4 and MGT 7 are annual compliances which cannot be neglected by registered companies operating in India. Registrar of Companies (ROC) is the government body which authorized to monitor compliance. As per companies act 201...


Blog

GST ANX-2 Inward Supplies Annexure for GST RET-1

GST
October 24, 2019 657 0

Applicable under the new tax collection system, there will be one main return i.e. Form GST RET-1 and two Annexures Form GST ANX 1 and GST ANX 2 to be filed by businesses. Monthly compliance is mandatory for such returns excluding...


Blog

Procedural Concerns in Focus as GST Completed Two Years Successfully

GST
September 9, 2019 898 0

As the Goods and Services Tax enters its third year, tax consultants and industry groups point to the extreme need to ease the complexity surrounding procedures, especially with regard to registration and return filing, in order t...


Blog

Important F&Q For Annual Return Form GSTR 9A Under Composition Scheme

GST
August 27, 2019 674 0

Those who are not conscious about the Annual GST return, GSTR-9, it has become available to file on the GST portal. The taxpayers who fall under the composition scheme be prepared to file their Annual GST return in Form GSTR 9A. I...


Blog

Important Compliance Due Date of GST Act August 2019

GST
August 6, 2019 1003 0

GST Act was introduced by Modi Government in the year 2017 to develop a provision for levying and collecting tax on intra-State supply of goods or services or both by the Central Government and for the concerned and connected matt...


Blog

A Complete Guide on Tax Payments under GST

GST
June 20, 2019 1460 0

The birth of GST in India has completely wiped out the complications of different taxes at different stages and has played a pivotal role in the removal of cases like tax-evasion, bribery and other forms of corruption. Implementin...


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