Goods and Services Tax (GST) Returns
Government brought a massive taxation reform by implementing Goods and Services Tax (GST) system in 2017 with the object of ‘One Nation One Tax’ and to remove the cascading effect of tax.
It is an indirect tax that has presumed all the other prevailing Central & State level indirect taxes in India. As the name indicates, it is a comprehensive tax which is levied on the supply of goods and services. It has also relaxed the Inter-State taxation system.Apply for GST Compliances
Generally, every regular business has to mandatorily file monthly GST Returns along with Annual GST Return. The number and type of GST Return to be filed by businesses shall be as prescribed by law.
Implications of Non-Compliances
To prevent tax evasion and any kind of tax corruption, GST has come up with strict penalties for offenders. Delay in filing GST returns leads to considerable fines and punishments. Taxpayers have to pay late fee as well as interest in case of delay in submission of GST returns and payment of taxes.File CA Assisted GST Returns Now
Applicability of Returns
What is GST Tax Rates?
What is GST Return?
Who should file GST Returns?
What are the types of GST Returns?
What is E-Invoicing system under GST?
What is the applicability of GST E-Invoicing?
How E-Invoice is prepared?
What is the content of GST E-Invoicing?
What is the role of Invoice Registration Portal(IRP) under GST E-Invoicing?
What are the documents required for reporting in IRP?
What is the process of generating GST E-Invoice?
What are the benefits of GST E-Invoicing system?
What would be major challenges in following the E-Invoice system?
Is it possible to amend or cancel the E-Invoice?
What is Input Tax Credit?
What are the documents & forms required to claim Input Tax Credit (ITC)?
What are the conditions prescribed to claim Input Tax Credit (ITC) under GST?
When a registered Assesse is not allowed to claim Input Tax Credit (ITC)?
What is the Input Tax Credit Set off Rules?
Latest Amendments in Input Tax credit.