A registered person who is required to furnish a return in FORM GSTR-3B, and who has an aggregate turnover of up to 5 crore rupees in the preceding FY, is eligible for the QRMP Scheme.
There are numerous doubts on GST E-Invoice System - Invoice Registration Portal currently, thus the GST Portal has launched some FAQs on the same.
From 1st January 2021, the Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 100 Cr. (in any preceding financial year from 2017-18 onwards).
In this article, we discuss the Computation Methodology for the Annual Aggregate Turnover for taxpayers eligible and liable to file various GST returns.
This article covers the digital synchronization between Income Tax Law and GST Law together with an illustrative table of reconciliations between financial statements.
The article attempts to discuss in detail the proposed Quarterly Return Monthly Payment Scheme as outlined by the recent Circular and Notifications.
To partner your journey of GST learning in the areas of exports, imports, deemed exports, merchant exports, inverted duty structure (including refunds), A2Z Academy (through Mr. Bimal Jain, nationally renowned GST expert) is going live again from November 21, 2020.
Know all the recent developments on the GST Portal including Updates and Notifications together with the GST Due Date Compliance Calendar for the month of November 2020.
A registered person who is required to furnish a return in FORM GSTR-3B, and who has an aggregate turnover of up to 5 crore rupees in the preceding financial year, is eligible for the QRMP Scheme.
CBIC has introduced a new scheme known as ‘Quarterly Return and monthly payment" for the small taxpayers whose aggregate turnover does not exceed Rs. 5.00 cr.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English