goods and service tax

LATE FEES WAIVED OFF FOR DELAY IN  FILING GSTR-4 TILL 30TH JUNE 2022 What is GSTR-4? The GSTR- 4 form is an annual return form for those taxpayers who have opted  GST Composition scheme in the new indirect tax regime. Under the GST composition scheme, taxpayers will be required to file only one return in […]

GST TRAN-1 & TRAN-2 are forms that are used in India to claim credit for taxes paid under the previous indirect tax regime, such as the Value-Added Tax (VAT) and the Central Excise Duty, under the new GST (Goods and Services Tax) regime. MAKE CORRECTIONS IN GST TRAN-1 & TRAN-2 MANUALLY What is Tran-1? i.

KNOW EVERYTHING ABOUT GSTR-4 GSTR-4 is a GST Return that has to be filed by a composition dealer. Unlike a normal taxpayer who needs to furnish 3 monthly returns, a dealer opting for the composition scheme is required to furnish only 1 return which is GSTR 4 once in a year by 30th of April, following

GST provision impacts on restaurant and ecosystem.A recent change in the goods and services tax (GST) rules has had an impact on the restaurant industry. This change may affect the way restaurants do business and may have wider consequences for the restaurant ecosystem. IMPACT ON RESTAURANT ECOSYSTEM The recent notification stated that food ordering platforms

Restoration of Cancelled Registration means that if a business has had its registration cancelled by the CBIC, but the decision is later overturned by an appellate court, the CBIC will reinstate the business’s registration based on the court’s order CBIC: Restoration of Cancelled Registration based on Appellate order As per S- 107 of the CGST

Aadhar Authentication for taxpayers involves providing their Aadhar number and undergoing a verification process to confirm their identity. The purpose of this requirement is to improve the accuracy and efficiency of the tax system, and to ensure that tax payments are being made by the correct individuals or entities. AADHAR AUTHENTICATION FOR EXISTING GST TAXPAYERS