GST Articles

Composition Scheme: Sec.10 of CGST Act, 2017

CA Santhosh Gupta Kethepalli 09 July 2020 at 09:39

Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover.

Various Due Dates of GST Returns due to Covid-19

CA Shubhi Khandelwal 09 July 2020 at 09:31

Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended due dates for GST Return filings and provided relief to tax payers

Advance rulings under GST clarified by CBIC

Anoop Gupta 07 July 2020 at 15:22

The purpose of advance rulings is to help an applicant who is already a registered taxable person or is liable to be registered to provide clarity and understanding with regards to any supply which is to be undertaken and which might create an issue with the GST authorities

For whom GST Late fees reduced to Nil or Rs 500 per return!

CA Umesh Sharma 07 July 2020 at 09:35

Here is this beautiful conversation between Arjuna and Krishna. Krishna is clearing Arujan's doubts regarding recent changes in late fees on GSTR-3B

GST Compliance after Death of Proprietor

CA Pratik Patel 06 July 2020 at 11:46

In case of Death of Proprietor, if the business is continued by any person then it'll be considered as Transfer of Business under GST (Section 18 (3) - CGST Act)

Compliance Calendar for July to September 2020 with Return Wise Due Dates

Ajay 04 July 2020 at 11:17

Compliance Calendar for July to September 2020 with Return Wise Due Dates

NIL GST Return through SMS

Jasmeen Marwah 03 July 2020 at 10:55

NIL Return through SMS (Short Messaging Service) To make GST compliance easier for the taxpayer Central Government has amended Central Goods & Services Tax

GST Registration: Eligibility and Procedure

CA Santhosh Gupta Kethepalli 03 July 2020 at 10:55

Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both.

Waiver of Late Fees of GSTR 3B: Recent Notifications

CA Rahul Mittal 02 July 2020 at 10:32

CBIC has issued Notification No. 57/2020 on 30.06.2020 to prescribe maximum amount of penalty if GSTR3B is filed up to 30.09.2020. The said relief is for both class of taxpayers i.e. taxpayers having turnover up to Rs. 5 crores or more than 5 crores.

Form GSTR 3B : Waiver or reduction of Late fees

Rohit Kumar Singh 02 July 2020 at 10:32

CBIC has issued Notification No - 57/2020-Central Tax dated 30-06-2020 waiving/reducing late fees on filing of GSTR 3B for the months of May 20 to July 20 by 30th September 20.