Status of August GST Filing

Status of August GST Filing The due date for filing GSTR-3B return for month of August 2017 ended on 20th September 2017. Over 22 lakh GSTR-3B returns had been filed by taxpayers until 6PM and more returns were expected to be filed…

GST for Goods Transport Agency

GST for Goods Transport Agency Entities operating a Goods Transport Agency have to pay special attention to GST rules and regulations. Goods Transport Agency would not only have to obtain GST registration and file GST returns, they must also generate…

GST Valuation of Supplies

GST Valuation of Supplies Goods and Service Tax (GST) is charged on the taxable value of supply of goods and services. GST is charged on the taxable value of supply at each stage of supply and input tax credit is provided…

How to Create GST Payment Challan?

How to Create GST Payment Challan? To make GST payment, GST payment challan must first be generated from the GST portal. Once the payment challan is generated, payment can be made by internet banking, credit/debit card, NEFT or cash payment…

Due Date for July GST Return

Due Date for July GST Return The due date for July GST return has been extended again to provide more time for taxpayers and streamline the GST portal. The new due date for July GST return (GSTR1) is 10th October…

Filing NIL GST Return on GST Portal

Filing NIL GST Return - In Less than One Minute GST return has to be filed by everyone having GST registration irrespective of business turnover or profitability in a month. Hence, even if there were no invoices issued during a month,…

GSTR1, GSTR2 and GSTR 3 Return Due Date Extended

GSTR1, GSTR2 and GSTR 3 Return Due Date Extended The Government has decided to extend the due date for filing GSTR1, GSTR2 and GSTR3 return to help businesses comply with the new regulations. Prior to the announcement today, GSTR1 for…

Input Service Distributor Registration

Input Service Distributor Registration An Input Service Distributor is an office of persons registered under GST, where tax invoices are received for distribution of input tax credit to branches of the same business. Hence, the concept of input service distributor…

GST Input Service Distributor

GST Input Service Distributor The concept of GST input service distributor is relevant for businesses having GST registration and operating with more than one branch within India. Under GST, businesses with more than one branch are required to obtain GSTIN for…

GST Full Form and Definition – Beginners Guide

GST Full Form and Definition GST stands for Goods and Services Tax. Goods and Service Tax (GST) is a type of tax introduced in India from July 2017. GST is a consumption based tax ultimately borne by the end consumer…