GST – system failure

Finance Minister Arun Jaitley  said that the Goods and Services Tax was a reform that would end harrassment of taxpayers and will result in a more transparent and simplified system. The implementation of the GST, he said, was crucial for the economic...
Rate of tax under GST on expenses debited to Trading Profit & Loss A/c Sr. No Nature of Expense Rate of Tax Whether registered supplier will levy tax Reverse Charge(If supply is unregistered) Whether Eligible for Input Credit 1 Salaray, wages & bonus paid to employee 0% No No No 2 Electricity bill 0% No No No 3 Water...
Rate of tax under GST on expenses debited to Trading Profit & Loss A/c Sr. No Nature of Expense Rate of Tax Whether registered supplier will levy tax Reverse Charge(If supply is unregistered) Whether Eligible for Input Credit 1 Salaray, wages & bonus paid to employee 0% No No No 2 Electricity bill 0% No No No 3 Water...

HOW TO PAY GST ONLINE

In this article, we will go through the GST Payment module of the GST portal. Through this portal, you can pay your taxes without any professional help. Step 1 – Login to the GST Portal. Enter your username, password, and captcha code Step 2 – Once you...
August 2017 is a very crucial and important month for every tax payer, as this is practically the first month everyone has to file a GST return for the supplies made during the month of July 2017. Form GSTR-3B was...
Important points to be remember for filling GSTR-1 Its time to file GSTR-1 first time. So before filling or when you are filling the GSTR 1  followings points to be take care so that your return will be filled within...

Q WHAT IS CGST ?

On this blog we have already talked about GST – Introduction and Working and this article is based on Central Goods and Services Tax, which is one of the 3 categories under Goods and Services Tax (CGST, IGST and SGST) with a concept of one nation one tax. It falls...

Benefits of GST

GST Benefits – Advantages of Goods and Services Tax Bill in India   Updated on Aug 04, 2017 - 03:22:26 PM The Goods & Service Tax or GST is one of the biggest fiscal reforms in India since Independence. All businesses, small...
August 2017 is a very crucial and important month for every tax payer, as this is practically the first month everyone has to file a GST return for the supplies made during the month of July 2017. Form GSTR-3B was...
'Why GST on Bengal's mishti doi, if no GST on North India's lassi' West Bengal chief minister Mamata Banerjee has asked state finance minister Amit Mitra to write to the Centre for reconsidering its decision of levying GST on sweets....
12,447FansLike
715FollowersFollow
6,962SubscribersSubscribe

Recent Posts