GST registration Process in India
Goods and Services Tax or GST was first introduced on 1st July 2017. GST is considered as one of the most praiseworthy changes in the Indian taxation system. On 29th March 2017, the GST Act was passed in the Lok Sabha and it has been termed as a ‘Good and Simple Tax’. This indirect tax has replaced VAT, Service tax, Excise, Entry …
In India when businesses engaged in the distribution of commodities or supplies services have a turnover beyond Rs 20 Lakhs, then those companies are required to complete registration under GST. However, in North-eastern states and states in hilly areas, the turnover is relaxed to Rs 10 Lakhs. GST registration documents at proworktree. Casual registration is made by an individual who supplies goods or provides …
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 …
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 …
Relaxation under GST Return filing
GST Council has absitively to apparatus GST from 1st July. Finance Minister Arun Jaitley appear that there will be an appropriate barrage of GST at New Delhi on the midnight of 30th June. Now it’s assertive that GST cycle out date won’t be adjourned from 1st July 2017 but all-important alleviation in return filing rules will be given. The cold of ensuring a bland …