E WAY BILL REQUIREMENT FOR GOODS SENT FOR WEIGHMENT TO THE WEIGHBRIDGE
Whether e way bill is required for goods sent for weighment to the weighbridge
GST Consultants in Chennai
GST Transition Credit – Last Opportunity
Lady opportunity for Tran 1 & Tran 2 filing for availing the GST Transition credit
Changes in GST Rates w.e.f 01st Oct 2021
The recent 45th GST Council meeting had suggested changes in GST Rates in respect of various goods and services. These changes in rates are w.e.f. 01st Oct 2021. For giving effect to these changes, the below notifications arere issued :- 06/2021-Central Tax (Rate) ,dt. 30-09-2021 07/2021-Central Tax (Rate) ,dt. 30-09-2021 08/2021-Central Tax (Rate) ,dt. 30-09-2021 …
Missed filing GST Returns or your GST Registration is cancelled? GST Amnesty scheme can give you some relief… Read how…
Filing of GST Returns on due dates is very important in GST regime which not only ensures seamless flow of Input tax credits but also to keep the GST Registration active. Due to various reasons, if you have not filed your GST returns for any months between July 2017 to April 2021, here is an …
Filing NIL GST Returns for 6 months may lead to cancellation of your GST Registration. Read how…
Filing NIL GST Returns may cancel your GST Registration
Input Tax Credit (ITC) Reversal for Non Payment to your suppliers
As per Section 16(2) Second & Third Proviso of CGST Act,2017 , if a Tax payer fails to pay the supplier of goods or services or both, within 180 days from the date of Invoice, the amount equivalent to the Input tax Credit (ITC) availed by the recipient shall be added to the output liability …
Input Tax Credit (ITC) Reversal for Non Payment to your suppliers Read More »
GST AMNESTY SCHEME 2021 , LATE FEE & OTHER RELAXATIONS
In order to help the Small Businesses and GST tax payers and also as per the decision taken at the 43rd GST Council meeting held on 28th May 2021, a new amnesty scheme for relaxation in return filing, late fees, etc., has been announced. Period of Applicabilty The Tax return periods from Jul 2017 to …
GST AMNESTY SCHEME 2021 , LATE FEE & OTHER RELAXATIONS Read More »
All about Quarterly Returns with Monthly Payment (QRMP) Scheme
A new scheme for Small tax payers in GST has been introduced. The salient features of this scheme is provided below :- What is “Quarterly Returns with Monthly Payment (QRMP)” Scheme?QRMP scheme is for small taxpayers to file their FORM GSTR-1 and FORM GSTR-3B returns on quarterly basis while paying their tax dues monthly through …
All about Quarterly Returns with Monthly Payment (QRMP) Scheme Read More »
Last date for filing GSTR 4 extended
The last date for filing GSTR 4 returns (Annual return for Compounding dealers) extended to 31st Oct 2020.
GST Updates – 05 05 2020
GST updates for 05.05.2020 1. Validity E way bill expiring between 20th Mar 2020 to 15th Apr 2020 has been extended to 31st Mar 2020 2. GSTR 9 & 9C for the year 2018-19 date extended to 30th Sept 2020 3. Companies can now file GSTR 3B through EVC. Digital Signature is not mandatory. This …