Archives for GST - Page 5
ITC-01 enabled on GST portal for availing ITC in various cases
ITC 01 is now enabled on portal for availing Input Tax Credit in various situations like the one illustrated below: Registered persons whose exempt supply of goods and/or services become…
When will errors rectified in GSTR3B will be reconciled?
The government notified the FORM GSTR-3B in order to collect taxes in the absence of FORM GSTR3. It was communicated by the government that the summarized data of inward and…
Read if you are going to continue using TaxGrid in 2018
Hey guys, 2017 was great and we look forward to improving in 2018 to be exactly what helps you. For this, we need your help. Please fill this short 2-minute form…
GST on certain services provided by Co-operative Housing Societies
There are certain questions which have always been asked in respect of the impact of indirect taxation on Co-operative societies. In this short Question section we intend to aim at…
Date for Filing GSTR1 for taxpayers with turnover more than 1.5 crore extended
The due date for filing FORM GSTR1 by taxpayers with turnover more than Rs crores has been extended vide Notification No. 72/2017 – Central Tax. Now the GSTR1 for the period…
Advance ruling- Steps to be followed to seek an hearing
There are many taxpayers who are of whish to obtain Advance Ruling before proceeding with their business in the tax regime or maybe even registered taxpayers might want to seek…
How to opt for GSTR-1 Quarterly Return Filing option
The government has recently enabled a facility for taxpayers with turnover less than crores to file the Form GSTR1 quarterly instead of filing it every month. This option has provided…
FAQ’s on Electronic Way Bill
Frequently Asked Questions (FAQs) on e-way bill 1. What is an e-way bill? e-way bill is a document required to be carried by a person in charge of the conveyance…
Now data furnished in GSTR1 in previous period can be amended by table 9
GSTN has enabled the functionality to provide the amendments to the invoices/debit or credit note furnished in previous periods through table 9 in GSTR1. No taxpayers can use table 9…
Now quarterly GSTR-1 can be filed on portal
It was notified by the government that now the taxpayers whose turnover is below crores will be required to furnish the quarterly GSTR1 return till March 2018 instead of monthly…