GSTR 1 Form

What is GSTR-1 Form??

Details provided by the taxpayer in relation to supplier made to the buyer for the respective time will be described on GSTR 1 Form. Except for Composition Scheme Taxpayers,Non-Resident Foreign taxpayers, TDS deductors, E-commerce Operators and Input Service Distributors, everyone has to fill up the GSTR 1 Form, similarly, they also have to file a separate return for them. This return …

Impact of GST on Transport Sector

Impact GST Transport Sector

1. Interstate transportation become more efficient.
2. Burden of paper work will be reduce.
3. Logistic will go down

Before GST all 29 states collect taxes at a various rate at every border. So taxes collected multiple times. Also, delays, mafias and many bad elements that affect the transportation cost badly. Finally, after GST, Transporter will get relaxation and logistics cost will …

GST Penalties & Appeals

Offences

Overall 21 offences come under GST as well as there is a provision of penalties i.e. fake/wrong invoices, fraud, tax evasion and others. A few are mentioned here. For the entire list please go to our main article on offences. In the below article know more about GST Penalties & Appeals.

1. Supply of any goods/services without any invoice or issue of a false invoice.
2. The …

GSTR 5 Form

RETURN FOR FOREIGNERS TAXPAYER UNDER GST LAW

Every registered foreigner or the non-resident taxpayer has to fill up a return in the GSTR 5 form electronically on the common government portal. At Facilitation Centre it can be done directly.

Who is a Non-Resident Foreign Taxpayer?

A foreigner taxpayer who has established the business in India and have come for a short period to make supplies in India. …

GSTR 9 Form

Annual Return – GSTR 9 Form

It is mandatory for every Taxpayer to file an annual return under GST law, file GSTR 9 FORM through the Government's GST Portal. Similarly, Taxpayer who registered as a composition dealer has to submit their annual return in GSTR 9A FORM. As per GST law, every registered Taxpayer, who have aggregate turnover more than one crore during the financial year …