This post has been updated on 25th October, 2016 to incorporate latest changes. Convergence is the key to GST; convergence between states and central taxes. Consider what happens today. A manufacturer who is compliant under Central Excise, Service Tax, and [...]
Every registered taxable person has to furnish outward supply details in Form GSTR-1 (GST Returns-1) by the 10th of the subsequent month. On the 11th, the visibility of inward supplies is made available to the recipient in the auto-populated GSTR-2A. The period from [...]
This blog post is updated with the GST Council’s decision to extend the return due dates The 17th GST Council meeting held on 18th June, 2017, provided a much needed relief to the businesses across the nation. Listening to [...]
This blog post is updated with the GST Council’s decision to extend the return due dates With the filing of GSTR-3B right around the corner on 20th August, 2017, businesses are in full swing gearing up to meet the [...]
This post has been updated on 2o Aug, 2017. Ever since the Form GSTR-3B format was released, the fundamental question which most of businesses have is ‘How can I capture the details of my Transitional ITC in Form GSTR-3B?’. [...]
The blog post is updated with the CBEC press release announcing the extension of GSTR-3B due date and payment of tax. In the light of the recent clarification from CBEC, the businesses are allowed to use the transitional input tax [...]
This blog post is updated with the GST Council’s decision to extend the return due dates The GST committee’s decision to allow the transitional credit towards discharging July month’s tax liabilities, and extension of due dates for payment of [...]
This blog post is updated with the GST Council’s decision to extend the return due dates The deadline for filing the first GST return, the Form GSTR-3B ended last month on dates August, 25 and August, 28, 2017. Yet, [...]
With the completion of the filing of GSTR-3B returns last month, businesses are now preparing in full swing to file their GSTR-1 returns. The recent decision by the GST Implementation Committee to extend the due dates for filing GSTR-1, [...]
The extension of due dates to file GSTR-1, GSTR-2 and GSTR-3 of July 2017 is a welcome move, as it provides an additional time for businesses to prepare the accurate returns for better compliance.. Now, the businesses are required [...]
