GST
Input Tax Credit (ITC) Provisions in GSTR-4
The Goods and Services Tax Act was introduced to eliminate the cascading effect of taxes on the people. The salient feature of the act was
August 31, 2023
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GST
Labour Charges HSN Code with GST Rate
In the dynamic landscape of taxation, the Goods and Services Tax (GST) has been a game-changer in simplifying the indirect tax system in India. One
August 30, 2023
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GST
How to Calculate Tax Liability in GSTR-4 for Composition Taxpayers
The introduction of the composition scheme was to make calculation of tax liability and compliance easier for small, micro and medium businesses. Based on business
August 30, 2023
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GST
GSTR-4 Format: A Comprehensive Guide on GSTR 4 Details
The composite scheme was introduced to make compliance simple and easy for small businesses. It is mandatory for all taxpayers registered under the composite scheme
August 30, 2023
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GST
Role and responsibilities of an Input Service Distributor (ISD) under GSTR-6
The role and responsibilities of an Input Service Distributor (ISD) under GSTR-6 are crucial in ensuring smooth and efficient distribution of input tax credits within
August 29, 2023
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GST
How to Check GST Registration Status ?
GST Registration process is completely driven online, and prospective taxpayers have to submit the required documents online. The approval process is also online. On submission
August 28, 2023
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GST
Benefits and Limitations of using GSTR- 2B
Technology and systems have changed our daily work, and taxation is no exception. GSTR- 2B is a powerful tool helping businesses stay updated about their
August 26, 2023
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GST
GSTR 1 Details: Everything You Need to Know
What is GSTR 1 Every taxpayer has to file returns once the GST Registration is obtained have to file returns periodically. Regular Taxpayers or casual
August 26, 2023
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GST
Different Status of GST Registration
GST Registration Persons have to obtain GST Registration once they cross the threshold. Application for GST Registration has to be submitted online through the Common
August 26, 2023
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GST
A Comprehensive Guide: How to File GSTR-3B with Accuracy
GSTR-3B is a key component return and filing GSTR-3B is mandatory for all registered businesses in India. The self-declaration summary return provides details of all
August 25, 2023
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GST
Understanding Tax Liability Calculation in GSTR-3B
All registered taxpayers under the Goods and Services (GST) act in India need to file the monthly return GSTR 3B. This form is a summary
August 25, 2023
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GST
GSTR-3B Reconciliation with GSTR-1 and GSTR-2A: Avoiding Tax Mismatches and Penalties
GST is a consolidated value added tax levied on the manufacture, sale and consumption of goods and services across India. It subsumes different taxes that
August 25, 2023
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GST
What is GSTR-3B: Definition, Purpose, and Importance
The introduction of Goods and Services tax has transformed the taxation system in the country. By unifying multiple indirect taxes into a single comprehensive tax,
August 25, 2023
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GST
Penalties and Late Fees for GSTR-3B Filing
The most important aspect of GST compliance is the timely submission of GSTR-3B returns. GSTR-3B is a self-declared summary return which reflects supplies, input tax
August 24, 2023
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GST
Understanding Utilization of Input Tax Credit (ITC) in GSTR-3B
The introduction of GST laws in India has transformed the indirect tax system by replacing multiple taxes with a single unified tax structure. Many returns
August 24, 2023
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GST
Know Your GSTR-3B Due Dates and Filing Frequency for Smooth GST Compliance
The introduction of GST laws has streamlined the tax system, eliminated the cascading impact of tax on consumers and improved compliance. The various returns specific
August 24, 2023
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GST
GSTR- 2B: Everything You Need to Know
In the ever-changing world of tax compliance, staying up-to-date is essential for your business to stay ahead. Goods and Services Tax (GST) is a remarkable
August 23, 2023
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GST
GSTR-2A and GSTR-2B: A Guide for Taxpayers
Need for GSTR-2A: When GST was introduced in 2017, taxpayers were required to file two returns, GSTR-1 and GSTR-3B. In GSTR-3B, taxpayers were claiming ITC
August 22, 2023
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GST
Composition Levy under GST: Everything You Need to Know
Composition levy under GST is an alternative levying tax on small taxpayers. The composition levy aims to ease filing tax returns and reduce compliance costs
August 22, 2023
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GST
GSTR 1 Due Date and Filling Frequency Everything You Need To Know
Latest Update: GSTR-1 Filing Due Date to be Extended till Apr 12 – GSTN A GST Return is a form a Taxpayer must file for
August 22, 2023
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GST
Benefits of GST Registration
In India, businesses must register for GST once their annual turnover crosses the threshold. GST Registration allows businesses to charge GST from consumers and claim
August 21, 2023
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GST
What is GST Registration?
GST Registration is a crucial requirement for businesses operating in any country, as it enables compliance with tax regulations and other legal aspects like the
August 21, 2023
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GST
Mera Bill Mera Adhikar: How Consumers Can Be Rewarded for Uploading Their GST Invoices
Consumer empowerment plays a vital role in economic policies today, and the introduction of the GST Reward Scheme provides an important step to make the
August 21, 2023
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GST
A Guide to Dealing with Exempt and Non-GST Supplies in GSTR-3B
The introduction of GST laws has created a uniform and transparent indirect tax structure in our country by unifying various taxes like vat, excise duty,
August 9, 2023
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GST
A Comprehensive Guide to GSTR-3B Amendments and Adjustments
GSTR-3B is a self-assessed summary return that has to be filed by registered taxpayers under GST every month. It includes details of outward and inward
August 9, 2023
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GST
Eligibility Criteria for Filing GSTR-4
The introduction of GST laws transformed the indirect tax system in India by unifying a plethora of state and central taxes into one consolidated unit.
August 8, 2023
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GST
Common Errors and Mistakes in GSTR-3B Filing
Filing taxes can be complex, especially regarding the Goods and Services Tax (GST) in India. A critical aspect of GST compliance is filing GSTR-3B, a
August 2, 2023
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GST
GSTR-4 Meaning & Applicability
GSTR-4, the Quarterly Return for Composition Taxpayers, is a crucial component of many Countries’ Goods and Services Tax (GST) systems. It is specifically designed to
August 2, 2023
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GST
GSTR-2 Demystified: Understanding the Meaning and Process
In today’s ever-evolving business landscape, staying compliant with tax regulations is essential for the success and growth of any enterprise. One such critical aspect is
July 18, 2023
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GST
Understanding GSTR-1 IFF: A Comprehensive Guide
The Goods and Services Tax (GST) that the Indian government implemented has undoubtedly streamlined the taxation system, yet many people still find it to be
July 18, 2023
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GST
Understanding GSTR-10: The Final Return after GST Registration Cancellation
If you are a registered taxpayer under the Goods and Services Tax (GST) regime in India, you must be familiar with the various GST returns
July 18, 2023
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GST
Demystifying GSTR-2: Meaning, Components, and Filing Process
When it comes to India’s Goods and Services Tax (GST), businesses must comply with various filing obligations to ensure smooth and transparent tax administration. One
July 18, 2023
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GST
Unlocking the Potential of GSTR-2B Reconciliation
Introduction: One of the essential tasks for businesses is to ensure accurate reporting of their inbound supplies from registered suppliers. GSTR-2B is the tool that
July 18, 2023
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GST
GST Refunds Cannot Be Rejected on Grounds Not Mentioned in the SCN
The Delhi High Court has set aside the order issued by the Appellate Authority, which rejected the petitioner’s refund claim. The court found that the
July 18, 2023
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GST
Geotagging in GST Registration: Understanding the Process and Benefits
For any registration, be it Professional Tax or MSME, Income Tax, PF, etc., the place of business, i.e., the premises from where the business is
July 17, 2023
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GST
A Step-by-Step Guide to GST Registration for E-Commerce Businesses
GST Registration is mandatory for taxpayers whose turnover crosses the prescribed threshold limit, but there are cases where it is compulsory to obtain GST Registration even in
July 17, 2023
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GST
Amendment in GST Registration: Core and Non-Core Fields
The GST Registration obtained by the taxpayer has to be changed for some reason or another, like a change of the Principal Place of address,
July 17, 2023
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GST
Understanding GST Threshold Limit: Calculating the Registration Requirement
How do I calculate the GST Registration threshold? The Goods and Services Tax (GST) threshold limit sets the minimum annual turnover that necessitates businesses, whether
July 10, 2023
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GST
GST Registration: Who Needs to Register for GST?
GST, or Goods and Services Tax, is a comprehensive tax implemented in India on the supply of goods and services since July 1, 2017. To
July 10, 2023
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GST
Aadhaar Authentication in GST Registration: Process and Requirements
In the initial days of the rollout of GST, the GST Registration process was simple, and the taxpayers were getting their GST Registrations without any
June 20, 2023
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GST
GST Registration for Non-Resident Taxable Person
A “non-resident taxable person” refers to an individual who occasionally conducts transactions involving the sale of goods or provision of services, either as an agent
May 19, 2023
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GST
GST Registration For Specified Categories – NGOs/Trust
In India, GST is applicable on the supply of goods or services for all businesses or charitable trusts or NGOs or religious establishments unless notified
May 19, 2023
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GST
Benefits of GST for Small Business
Goods and Service Tax is one of the major tax reforms implemented across the globe, and the implementation of GST is no less than a
May 19, 2023
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GST
Understanding the GST Registration Threshold in India
GST is an indirect tax, and registration is required to be taken by a business when crosses the threshold. The common question that anyone has
May 19, 2023
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GST
Threshold Limit Calculation for GST Registration (Other than Composition Scheme)
The Goods and Services Tax (GST) threshold limit is the minimum annual turnover above which businesses must register for GST in India. It is essential
May 19, 2023
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GST
Types of GST Registrations
GST Registration is mandatory for some businesses and voluntary for others based on the threshold. There are different types of GST registrations based on the
May 19, 2023
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GST
Role of GST Registration Services in GST Compliances
Any business entity that registers under the GST Law must obtain a unique identification number based on its PAN from the CGST/SGST Department in order
May 19, 2023
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GST
Role of GST Registration in Income Tax Compliances
Goods and Services Tax (GST) registration plays a significant role in income tax compliance. GST Registration is mandatory for businesses in India with an annual
May 19, 2023
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GST
Beginners Guide to GST Registration
Any person who is selling goods or providing services has to collect GST from their customers if their revenue crosses the specified threshold. Once they
May 18, 2023
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GST
Role of Technology in GST 2.0
Goods and Service Tax has been rolled out in India from 1st July 2017, and now it is about 28 months, and during this period,
February 21, 2023
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E-Invoicing
E invoicing FAQs
These FAQs cover a broad range of information about E-invoice to educate, inform and guide you to reach your intended destination faster. Logo Vyapari has
February 21, 2023
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GST
All You Need to Know About Inspection Under GST: Provisions, Circumstances, and Recent Case Laws
Goods and Service Tax has been rolled out in July 2017, and trade & industry are yet to settle down due to the new legislation
February 21, 2023
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GST
Recent Amendments in GST | Important Updates and Implications
Introduction The country is under Lockdown form 25th of March 2020 and till the first Unlock the department is working at the backend continuously so
February 21, 2023
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GST
GST Notifications & Instructions: Summary and Key Updates of June 2020
Many provisions of the CGST Act has been amended in the Finance Bill 2020 and some of the same have been notified and the effective
February 21, 2023
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GST
Demystifying Interest Liability in GST: A Comprehensive Guide to Understanding Provisions and Impact
Every taxpayer who collects taxes from customers on the outward supply of goods or services is required to remit the amount collected to the department
February 21, 2023
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GST
Journey of GST in India: A Look Back at Three Years and the Road Ahead
India has implemented a uniform tax across India for the sale of goods & services, which was previously ruled by a plethora of taxes. Many
February 21, 2023
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GST
GST Impact on Transactions during Covid
Impact of GST on transactions during covid The world has faced many pandemics in the past and this is the first pandemic we are seeing
February 21, 2023
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GST
OIDAR Services under GST: Understanding Tax Implication and Compliance Guidelines
Tax implication of Online Information Data Base Access and Retrieval (OIDAR) Services in GST OIDAR refers to Online Information Data Base Access and Retrieval Services
February 21, 2023
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GST
GST on Free Samples: Understanding the Treatment of Discounts, Offers, and Free Samples in GST
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February 14, 2023
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GST
Everything You Need to Know About Form GSTR-4: Filing, Due Dates, and More
Everything you need to know about GSTR – 4 To minimize the burden on composition taxpayers, the Government has done away with quarterly filing of
January 30, 2023
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