All About Types of GST Returns

On April 24, 2020

In the last article, we learnt about what is GST return, the due dates of filing, late fee protocols along with the brief introduction of the types of returns. In this article we will learn about the various types of GST returns elaboratively. So, let’s get started and go at length with types of GST […]

Measures and Reliefs announced by Finance Minister amid COVID-19 Outbreak

On March 27, 2020

After the lock down of the whole nation to fight COVID-19 pandemic, the government has decided to counter the outbreak by giving economic and GST reliefs to the common mass. Finance Minister Miss Nirmala Sitharaman announced certain measures and reliefs for the taxpayers. Below are several relief measures relating to Statutory and Regulatory compliance matters […]

Key Outcomes – 3rd National GST Conference

On March 12, 2020

How GST department is monitoring your Tax Credit Claim?

On March 5, 2020

In this GST era, the input tax credit mechanism is such a powerful tool which is utilized by the government to keep watch on all kinds of transactions among the business concerns. You must be thinking, how is this even possible because the money passes through so many direct-indirect channels so its quite tedious task […]

Advisory for Opting in for Composition – Filing of Form GST-CMP-02 for the Financial Year 2020-21 w.e.f. 1st April 2020

On February 19, 2020

To help you with the filing of form GST-CMP-02 for the Financial Year 2020-21, here we are we the advisory for opting in for composition. all this filing in the process will come into effect from 1st April 2020. Let’s not waste another minute and get started with it. Who all can opt-in for Composition: […]

Union Budget 2020 Expectations: GST

On January 27, 2020

Everyone is busy with financial planning for the year 2020 and the Finance Ministry is busy with the planning of the upcoming Budget 2020. The union budget for the fiscal year 2020-21 is scheduled on 1st February 2020 and Sitharaman is all set to present her second budget as a Finance Minister. There are many things on […]

New Changes in New Year Under GST

On January 10, 2020

The New Year isn’t only meant for philosophical, physical and emotional resolutions but also demands new financial resolutions to relieve the stress on your pocket. To help you plan this, we bring you the new changes done under the GST. Be a good taxpayer and consider these changes to plan 2020 financially. Here are the […]

Cancellation of GST registration for non-filers of GST Returns

On November 19, 2019

The Goods & Services Tax (GST) Administration is going to bridle the non- filers of returns following lower than expected tax mop-up. The administration is all set to act tough with the non-filers of returns by cancelling their registration. In technical terms, the filing of returns helps tax authorities to estimate the tax liability and […]

Clarifying Input Tax Credit Claims under New GST Rules

On November 13, 2019

Since its implementation in 2016, GST laws have been kept on changing. In recent times a lot of big amends have been done to simplify GST for taxpayers. To add to the list is the latest GST circular released by Central Board of Indirect Taxes and Customs (CBIC), which is here to end confusion over […]

GST on Adoption Fees Exempted, Kids Are Not Goods

On November 5, 2019

After its implication in 2016, GST is constantly changing. There has been a lot of exemption and simplification of GST in recent times. In addition to pre-existing changes, a new ruling by the Maharashtra bench of the Authority for Advance Rulings(AAR) is ready to make its way to the amends. The new ruling is about […]