GST Articles

FAQs on E-Invoice (Electronic Invoicing) in GST

Rohit Kumar Singh 18 August 2020 at 10:14

Recently CBIC issued Notification No 60/2020 enhancing threshold for preparing E-Invoice to Rs 500 Crores. Earlier the said limit for preparing E-Invoice was Rs 100 Crores. The provisions shall come into effect from 1st October, 2020.

Relaxation in due dates for filing GSTR and year end activities to be carried out before 30 Sep 2020

Manasa Reddy Bonam 18 August 2020 at 09:56

Know the various GST Returns to be filed on or before 30/09/2020 and the compliance to be fulfilled before 30/09/2020

GST Impact on Real Estate Industry

Manasa Reddy Bonam 18 August 2020 at 09:54

In the case of Residential House Property, the developer is liable to pay GST under Reverse Charge Mechanism. For units remaining unsold on Completion Certificate (CC) at the rate of 18%.

Sale of Scrap materials: Applicability of GST and TDS

CA S K MISHRA 17 August 2020 at 10:11

The term "Scrap" has not been defined any where in the GST Laws. As such one can derive its meaning as per normal business or commerce parlance.

GST Deadlines that end on 31st August 2020

CA Rahul Mittal 17 August 2020 at 10:07

Many GST compliance deadlines ended to 31st August, 2020. To avoid late fees and penalties, these due dates need to be remembered and file the returns. Let's see which deadline ends on 31st of August, 2020.

Steps to follow after obtaining GST Registration

CA Rahul Mittal 17 August 2020 at 10:04

If the turnover exceeds the threshold limit mentioned in the GST Act, then the person is mandatory to take GST registration. In some cases, people are mandatory to take GST registration like in case of the interstate supply of goods, reverse charge, selling on e-commerce portal, etc.