Cancellation of E-Invoice in GST – Procedure and Implications The Government of India has announced that the e-Invoice facility under the Goods and Services Tax (GST) . This announcement has created uncertainty among taxpayers, who are now unsure about the procedure for partial cancellation of e-Invoices. In this article, we explain the steps that need […]
Category Archives: GST
Summons Under GST Laws | Taxpayers Duties and Guidelines In this blog post, we will be discussing the various duties and guidelines to be followed by a taxpayer when issued with a summons under GST laws. A summons can be issued for multiple reasons, such as an inspection or investigation undertaken by the tax authorities. […]
GST Registration in India: The Goods and Services Tax (GST) is a combined indirect tax policy that includes VAT, CST, Service Tax, Central Excise Duty, Entertainment Tax, and other taxes that became effective in India on July 1, 2017. It is mandatory to register for GST if your yearly revenue exceeds INR 40/20 lakh or […]
GST Registration in India All about GST Laws Are all Goods, Services covered under GST? The goods and services tax (GST) is a value-added tax paid on the majority of products and services sold for domestic use. Consumers pay the GST, but companies that provide products and services remit it to the government. GST is […]
After successfully completion GST Registration , Want assistance in filling your GST returns? Virtual Auditors at your rescue. Goods and Services Tax is an indirect tax introduced by the government in the year 2017 which is levied on the supply of goods and services. The tax return is to be filed monthly, quarterly and annually […]
Guide to file GSTR 1 in GST Annual Return, (A Step-by-Step procedure) GSTR 1 is a form base document that lists the transaction of supply of goods by the business or traders. And, If GSTR 1 is a monthly […]
GSTR 3B is mandatory for all those who have registered for the goods and services, it is simple tax introduced by the central board of excise and customs. What is GSTR 3B? This form is based on a monthly return. All regular taxpayer needs to file this return till March 2019. It is a simple […]
Bill to ship to concept for Services Critical Amendment in CGST Act 2017 Much awaited changes in the CGST and IGST Act 2017 has become effective from 30th August 2018. One of such important amendment is Section 16(5) is Bill to ship to concept for Services which were earlier denied ITC credit due to absense of Bill […]
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