Check posts across the country are eliminated under GST Regime. However, in order to prevent tax evasion e-way bill system has been introduced. Section 68 of the CGST act requires that , the person, who is the in charge of a vehicle (conveyance) … [Read more...]
LUT under GST for Exporters
Are you an exporter, want GST exemption, then you should read this article to know about Letter of undertaking (LUT), after reading this article you can easily apply for LUT and get GST exemption on export supply. What is LUT under GST? LUT is a … [Read more...]
E Invoice Under GST
E- Invoicing is a new concept in GST which was introduced in GST council in its 35th meeting. To make the GST invoice more authentic document and to stop malpractices related to it, concept of E invoice is introduced What is e invoice in GST? E … [Read more...]
GSTR 8- Details, Due Date & Applicability
In this article you will find the meaning, applicability and details of GSTR 8 return. What is GSTR 8 return? GSTR 8 return is filed by an e commerce operator, who collects TCS (Tax collected at Source) from a person who uses his platform to sale his … [Read more...]
GST Return Due Date
There are various returns to be filed under GST. These returns are filed monthly, quarterly, and yearly, depends on type of return. There is a fix due date for each return. In this article you will find information on GST return due date and their … [Read more...]
How to File GSTR 3B in 8 easy steps
GSTR 3B online filing is easy process provided you have all the details for supply of goods/services. In this article I have explained how to file GSTR 3B online in easy steps. Steps to file Gstr-3B return online GSTR- 3B is simple and easy to file … [Read more...]
GSTR 3B- Purpose, Applicability & Due Date
GST was introduced to simplify indirect tax system in India and to meet the concept of one nation one tax. It has to some extent simplified indirect tax laws by subsuming various previous tax laws in it. However, the large number of returns to be … [Read more...]
Reverse Charge under GST- A Guide
Under GST Law, a supplier charges GST on outward supplies made by him and pays the same to the government. But there are several services and goods for which the recipient needs to charge and pay the GST to the government. This mechanism is known as … [Read more...]
Reimbursement under GST-Taxability & Treatment
GST is chargeable on supply of goods and services. There are some payments/receipts which are reimbursement of expenses in relation to supply of the main service/goods. In this article we are discussing whether such reimbursement will attract GST or … [Read more...]
GST Compensation Cess- A Guide
GST is a consumption based tax i.e. tax is chargeable on consumption of goods and services. It means revenue for this tax is generated in place where the goods & services are consumed. For this instance the states that where the major … [Read more...]