Archives for 2017 - Page 12
Condition for furnishing the return in FORM GSTR-3B
CBEC has notified the conditions for furnishing the return in Form GSTR-3B You can read the notification below and the TaxGrid analysis of the following impact will follow soon. Be…
Central Goods and Services Tax (Fifth Amendment) Rules, 2017 notified
CBEC has notified Central Goods and Services Tax (Fifth Amendment) Rules, 2017 via Notification No. 22/2017 – Central Tax. You can read the notified amendment rules below and the TaxGrid…
Clarification regarding availability of Transitional Credit for GST
Finally, government has released the much awaited clarification regarding transitional ITC availment in GSTR-3B for the month of July. You can read the press release below and the TaxGrid…
Is transitional ITC to be declared in GSTR-3B?
Is transitional ITC or closing ITC balance of June to be declared in GSTR-3B? The major question which dealers are facing in GST regime is whether the transitional ITC or…
GST Payment Process
Under GST law, the tax has to be paid by generating a challan which will be also saved on the portal. This challan creation process is although simple but some taxpayers…
Cabinet approves Scheme of Budgetary Support under GST Regime
Ministry of Commerce & Industry and Cabinet Committee on Economic Affairs (CCEA) jointly made the following press release: Cabinet approves Scheme of Budgetary Support under GST Regime to the eligible units…
What is the difference between Nil Rated, Zero Rated and Exempt supplies?
What is the difference between Nil Rated, Zero Rated and Exempt supplies? There is a confusion among taxpayers as to what is the difference between Nil Rated, Zero Rated, and Exempt…
Is composition dealer required to file GSTR-3B?
Is composition dealer required to file GSTR-3B? Many dealers registered under composition scheme has the query, as to whether they are required to file GSTR-3B or not? Answer - Composition…
GST For Janta – GSTR3B Guide
Date of filing GSTR-3B is near and there is a lot of confusion among taxpayers as to how the return filing mechanism will work. GSTR3B is the provisional return form…
What if any invoice gets missed in GSTR-3B?
What if any invoice gets missed in GSTR-3B? Currently, One of the hot questions in relation to GSTR-3B is that if any invoice data gets missed while filing return, then…