GST Guide

GST Guide articles are detailed by our GST experts that share all the relevant information regarding GST and related concepts under GST.Subscribe and stay updated.

Updates On Notifications Issued On 23rd March 2020

GST Updates on Notifications Issued on 23rd March 2020

This article contains the understanding and implications of the notifications issued on 23rd March to give the effect of the council decisions taken on 14th March 2020. Notification No. 10/2020 – Central Tax, Dated – 23-03-2020 Download Notification PDF:- Applicable to taxpayers in Dadra and Nagar Haveli and Daman and Diu. The transition date shall be 31st …

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All You Need to Know About ITC

All You Need to Know About ITC

Presently the Indirect tax system in India is a multi-point tax system where tax is levied only on value addition. This is achieved by the fact that Indirect tax (i.e. GST) borne on procurements or capital goods is available as a credit or set-off against GST liability on outward supplies. Relevant to note that over …

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Returns Filed Under GST Regime

Returns Filed Under GST Regime

In this article, we will discuss the returns required to be filled by various types of taxpayers under the GST regime. GST returns expected to be filed by the taxpayers from 1st October 2020 can be referred to as New Returns. The return to be filed depends on the turnover, nature of operations and type …

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Complex Return Filing and Complete Digitization – A GST Haywire

Pass-Through API

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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