GST Articles

Amnesty Scheme: GSTR-4 Annual

CA Ashutosh Khaitan 13 May 2023 at 08:57

Form GSTR-4 (Annual) is annual return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act.

Posted in GST | 2220 Views

Amnesty Scheme: GSTR-4 [Quarterly]

CA Ashutosh Khaitan 12 May 2023 at 09:02

Form GSTR-4 is a return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act for every quarter. This form was applicable from July-Sep 2017 till Jan-Mar 2019 and filed on quarterly frequency.

Posted in GST | 2502 Views

All-India Drive to Detect Fake GSTINs: Ensuring Compliance to Safeguard Government Revenue

Rashmi 12 May 2023 at 09:02

To combat the presence of suspicious and fake GSTINs (Goods and Services Tax Identification Numbers) in the GST eco-system, a Special All-India Drive has been launched by both Central and State Tax administrations.

Posted in GST | 8793 Views

How to Effectively Handle a Show Cause Notice in GST

Rakesh Ishi 11 May 2023 at 15:23

When you receive a Show Cause Notice (SCN), take your time to carefully read and understand the allegations made against you.

Posted in GST | 2652 Views

Amnesty Scheme: GSTR-9

CA Ashutosh Khaitan 11 May 2023 at 09:11

Form GSTR-9 is Annual return that is required to be filed by Regular taxpayers [Including SEZ unit/SEZ developer for each financial year. The purpose of this return is to provide details of all purchases, sales, Input tax credit, payments, demands, refunds made during the complete financial year.

Posted in GST | 3618 Views

Transforming GST Compliance: Advanced AI and Data Analytics Power Automated Return Scrutiny

Rashmi 11 May 2023 at 09:11

The Goods and Services Tax (GST) department is set to implement an advanced artificial intelligence and data analytics system to scrutinize GST returns and monitor any discrepancies.

Posted in GST | 1 comments | 2130 Views

Provisions related to GTA in GST and IT Act

CA Rahul Mittal 10 May 2023 at 10:08

We are here discussing the provisions relating to Goods Transport Agency in Goods and Services Tax and Income Tax.

Posted in GST | 2784 Views

Section 15 of CGST Act 2017: Value of Taxable Supply

Harsh Kaushik 10 May 2023 at 09:52

Section 15 of the CGST ACT 2017 talks about the Value of Supply of Goods or Services or Both shall be the Transaction Value, Which is the Price actually paid or payable for the supply of goods or services or both where the supplier and recipient of the supply are not related and the price is the sole consideration for the supply.

Posted in GST | 3039 Views

Amnesty Scheme: GSTR-10

CA Ashutosh Khaitan 10 May 2023 at 09:01

Form GSTR-10 is final return which is required to be filed by Regular taxpayers [Including SEZ unit/SEZ developer whose GST registration has been cancelled.

Posted in GST | 813 Views

7 mistakes to avoid while filing GST returns

Ishita Ramani 09 May 2023 at 15:40

When it comes to filing a Goods and Service Tax (GST) return, taxpayers need to exercise caution to prevent the inconvenience of unnecessary reconciliation. Therefore, it is important to understand the common mistakes to avoid while filing GST returns. But before focusing on mistakes, let us first understand what a GST return is and the various types of GST returns.

Posted in GST | 4197 Views