The CBIC has issued the notifications for waived off late fees for the late filing of GSTR-4 and GSTR-10 Let’s summarise the Notifications issued:- Know About GSTR-4 and GSTR-10 Return GSTR-4 is a return that needs to be filed by taxpayers. The due date for GST Return filing Form GSTR-4 Annual Return is 30th of the month … Read more
The consumer demand for face masks and hand sanitizers has increased during the year 2020 due to the COVID-19 pandemic. These products are now necessary commodities for social distancing and maintaining good hygiene. Every buyer must aware of its pricing and MRP to avoid being overcharged. In this article, we discuss the GST on sanitizer … Read more
As we know India is a major producer and exporter of Spices. Also, it is recognized as a profitable business in India. Any individual can start a spice business as a small, medium, and large scale base as per his or her investment capacity. Spice powder is a necessary ingredient in cooking, none of the … Read more
Big relief for composite GST taxpayers, the Institute of Chartered Accountants of India (ICAI) has written to the GST Council asking for an extension of GST annual return filing for FY19. Let’s understand in detail – Due to the COVID-19 pandemic, The Institute of Chartered Accountants of India (ICAI) has written to the GST Council … Read more
As we know Advertisement plays an indelible part of business growth and acts as a tool for communicating the products and services offered by the seller to its prospective buyers. Since there are diverse ways in which advertisement services are provided, it becomes important to understand their taxability provisions from the GST perspective. In this … Read more
The Central Board of Indirect Taxes and Customs (CBIC) have provided the new GST functionalities for TCS, Composition Taxpayers and e-commerce operators. Let’s understand in detail – Recently the goods and services network (GSTIN) portal has made some new GST functionalities for TCS. This has made some relaxation in the GST return filing procedure for … Read more
A Big relief for composite GST taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) extended the deadline of GSTR-4 return filing. let’s understand in detail – Know About GSTR-4 Return GSTR-4 is a return that requires to be filed. The due date for filing Form GSTR-4 Annual Return is 30th of the month … Read more
As we know the security services play a vital role in every sector like technical Security Services, personal security services, event management security services etc. Also, it ensures to protect against crimes. From the date of the implementation of GST i.e 1st July 2017 till 31st December 2018, GST on security services was payable by … Read more
As we all know, Amazon is one of the highly-rated e-commerce portals where one can simply sell and buy products online. Amazon India was launched in the year 2013 and presently trades millions of goods over its platform. Any seller having its own brand manufactured product can be easily listed on Amazon for sales. However, … Read more
With the period of time, the GST department took several steps to smoothening and fasten the GST registration process for the business taxpayers. Now, the Central Board of Indirect Taxes issued new guidelines that require Aadhar mandatory for GST Registration and Aadhaar Authentication by an OTP in the GST Registration application. The government has issued … Read more