The latest articles, guides, news and notifications on GST.
Businesses registered under GST often deposit money into their Electronic Cash Ledger to pay GST liabilities, interest, late fees, penalties, or other amounts payable under the GST law. However, there may be situations where the amount deposited is more than … Continued
The Goods and Services Tax (GST) is designed to tax the final consumption of goods and services. However, in many business situations, taxpayers may pay more GST than they are ultimately required to bear or may accumulate Input Tax Credit … Continued
GSTR 2B : A new method for reconciliation of ITC GSTR 2B : the auto-drafted Input Tax Credit ( ITC ) statement. Being recently introduced by GSTN and aimed at simplifying the Input Tax Credit Claims of taxpayers. Unlike the … Continued
March 2019 GSTR-3B Due date Extended. Due date for filing GSTR-3B for the month of March 2019 Extended to April 23 2019.
BUDGET SUMMARY WITH MAJOR HIGHLIGHTS OF BUDGET 2019-20 Interim Budget 2019-20 was presented in Parliament on 01st February 2019 by Shri Piyush Goyal. The budget is an annual official Financial Statement presented by the Government. Hence representatives from the Government … Continued
E-Way Bills – Updated At the 26th GST Council meeting, it has been decided to implement he inter-state e-way bill from 1st April, 2018. For intra-state movement, the e-way bill will be rolled out in a phased manner starting … Continued
Notification for extension of filing of quarterly GSTR-1 Government of India Ministry of Finance (Department of Revenue) [Central Board of Excise and Customs] Notification No. 71/2017–Central Tax New Delhi, the 29th December, 2017 G.S.R. (E):— In exercise of the powers … Continued