GST: Simplified Returns Format

The key features and the new format of the GST returns were approved in the 28th GST council meeting on 21st July 2018. The Note on Simplified returns contains 15 sections dealing with various return formats, applicability of forms, instructions to fill the forms, amendments to returns and payment of taxes etc. The sections outline …

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Cygnet GSP Awareness Drive

Cygnet GSP (GST Suvidha Provider) Team, on a high-energy walk-the-talk session at Cygnet Headquarters! Cygnet GSP Awareness Drive, is a conscious organizational effort to share experiences and stimulate the spirit of oneness, the entire GSP team shared their insights with the audience into how they challenged the nature of work, overcame all hurdles and successfully …

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Celebration of Cygnet GSP’s Journey of Success

“We are THE TEAM, with the Biggest Heart, Best Preparation, Deepest Passion, Strongest Togetherness, and Will to Succeed!  ~ Ty Howard After months of hard work invested in development, testing, delivery, implementation, launch and handling customer inquiries, Cygnet GSP celebrated their GST success with a gala dinner and dance party. An evening to remember, the …

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Simplified guidelines to file GSTR 1, 2 and 3

GST is a destination based consumption tax which means that revenue will be accumulated from the state where goods/service is consumed. Filing GST return is an important link between taxpayer and tax administration as it is crucial for: Compliance verification program of tax administration Providing necessary inputs for taking the policy decision Audit management and …

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The GST Turmoil- To Ring IT or Not?

GST has filled my schedules with meetings and more meetings! Day dragged along with discussions about updated tax slabs, analysis on recent GST updates, implementation, after effect on existing financial methodologies, all this and more…phew! I was completely zoned out. It was Azim Arora, my CFO’s turn to present his talk – clearing his throat …

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Complex Return Filing and Complete Digitization – A GST Haywire

With GST roll-out just around the corner, tax-payer’s apprehensions are going off the roof. Complete digitization of GST and complex return filing process will make it ‘no-manual intervention’ game. 34 GST Suvidha Provider will be acting as IT backbone for the whole of India. Major highlights of the webinar were analyzing the current IT backbone …

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