Post by: Arnold Thomas in GST
GST Annual Return NOT Required The GST Council in its 37th meeting announced that GST annual return is not required for small businesses with a turnover of less than Rs. 2 crores. The relaxation is applicable for financial years 2017-18…
Post by: Arnold Thomas in GST
New GST Return Taxpayers in India who are paying the Goods and Services Tax (GST) will benefit from the new, simplified GST return system unveiled by the central government a few months ago. Taxpayers will soon switch to a set…
Post by: Sreeram Viswanath in GST
Viewing GSTR-4A Return GSTR-4A is a system-generated form which contains information filed in other GST forms, namely Form GSTR-1 GSTR-5 and Form GSTR-7, where the composition dealer is the recipient. In this article, we look at the procedure for viewing…
Filing Reply for Form GST DRC-22 GSTR-22 is a form used by the concerned authorities for provisionally attaching the properties, bank account etc of the taxpayer. This article guides such taxpayers on filing reply to form GST DRC-22 against the…
Post by: Renu Suresh in GST
GSTR 1 Filing using Returns Offline Tool GSTR-1 is a return that shows all the sales transactions of a business. This monthly return contains all the details of outward supplies (sales). Any company registered under GST will have to file GSTR-1. The GSTR-1…
Post by: Sreeram Viswanath in GST
Filing of GST Tran-1 Form TRAN-1 is specifically meant for the taxpayers who are having Input Tax Credit (ITC) on closing stock and have migrated to the GST form of taxation from any of the previous tax systems. The form…
Deferred Payment of GST The GST Act facilitates the taxpayers to make deferred payments and to make payments in instalments. An application for this cause should be made in form GST DRC - 20. This application can be filed by…
Post by: Sreeram Viswanath in GST
GST ITC-03 Filing ITC 03 is a GST form meant for the taxpayers who have opted for the GST composition scheme. GST ITC 03 must be filed by taxpayers who are obligated to pay an amount which is equivalent to…
Return Filing by GST Practitioner A GST Practitioner can perform activities and assist in the filing of GST returns when authorized by a concerned taxpayer. However, a GST Practitioner cannot submit an application but only save the application. In this…
Post by: Renu Suresh in GST
Upload Invoice to GST Returns Offline Tool To file GST return, persons having GST registration (taxpayer) must upload details of all their invoices to the Goods and Service Tax Network - GSTN portal. To facilitate the upload of invoices in bulk,…