The Supreme Court recently confirmed a Madras High Court judgment which upheld a fiscal formula included in the Central Goods and Service Tax Rules to execute refunds of unutilized Input Tax Credit (ITC) accumulated on
Read MoreWhat is HSN ? HSN means Harmonized System Nomenclature .It is an internationally adopted system for commodity description and product nomenclature system developed by the World Customs Organization (WCO). HSN Code mandatory from 𝟏𝐬𝐭 April,
Read MoreComposition is an alternative mode of tax levy to provide simplicity to small taxpayers so that they need not indulge in dilemma of different rates, input credit and other complicacies. This is a optional method
Read MoreAs per Notification No. 07/2020 – Central Tax dated 3rd February,2020, the due date for filing of FORM GSTR 3B has been revised for the month of January 2020- March,2020.
Read MoreThe GST council, in its 31st meeting, in order to increase the transparency and accuracy of the return filing process has decided to implement ‘New GST Returns’. Currently, these returns will be applicable from April,2020.
Read MoreRefund under GST Laws Even after completion of more than 2 years of GST and despite the government’s claim that they have been doing everything required to streamline the process, one thing is sure that
Read MoreStep by Step guide for GST Registration on GST portal There are two parts of the GST application namely Part A and Part B. Part A Log on to www.gst.gov.in and click on the
Read MoreE-commerce has completely transformed the way of doing business in India. Market share of e-commerce is getting increased day by day due to ease to customer and increased customer base for seller as well. In
Read MoreSometimes a person thinks that if he is not working in GSTIN it is better to get the registration cancelled to get rid of all the compliance but is it so? Take a look on
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