GST Collection in February 2022 GST revenue collected in February 2022 is ₹1,33,026 crores of which CGST is ₹24,435 crores, SGST is ₹30,779 crores, IGST is ₹67,471 crores (including ₹33,837 … Continue Reading
Introducing Interest calculator in GSTR-3B To facilitate taxpayers in doing self-assessment, the new functionality of the interestcalculator is being released in GSTR-3B. This functionality will assist taxpayers incalculating the interest … Continue Reading
Central Board of Indirect Tax ( CBIC ) The Central Board of Indirect Taxes and Customs ( CBIC ) has extend due date for GST Annual Returns ( GSTR-9 and … Continue Reading
What is GST? GST stands for Goods and Service Tax. It is an indirect tax and govt collect a tax by registered taxpayer on Trading Goods and Providing Services. It … Continue Reading
Some composition taxpayers are facing issues related to CMP-08 negative liability of previous tax period in other than reverse charge section(6). So some composition taxpayers couldn’t generate their challan for … Continue Reading
TDS on Purchase of Goods (Section 194Q) Applicability: Any Individual, being a buyer who is responsible for paying any sum to any seller (being a resident) for purchase of any goods (including … Continue Reading
The Central Board of Indirect Taxes and Customs notified Guidelines on Cancellation of GST Registration under Rule22(3) of CGST Rules,2017. Guidelines on Cancellation of GST Registration Specifies the procedure followed … Continue Reading
Important Changes introduced Fourteenth CGST Amendment Act 2020 Time limit for system-based GST Registration increased 1. The time for system-based registration has been enhanced from 3 days to 7 days. … Continue Reading
What is GST वस्तु एवं सेवा कर या जी एस टी एक व्यापक, बहु-स्तरीय, गंतव्य-आधारित कर है जो प्रत्येक मूल्य में जोड़ पर लगाया जाएगा। इसे समझने के लिए, हमें … Continue Reading