As we are entering into September, certain activities are to be done w.r.t GST returns for the FY 2020-21. This month is the last choice to make corrections in GST returns relating to sales or purchases.
Managers should standardize processes and automate them when possible to achieve optimal performance, higher productivity, and bottom line profits. Let us get a deeper understanding of process standardization.
Input tax credit is the backbone of GST as it ensures the critical feature of taxing on value addition in the supply chain. Any action of denying ITC would lead to a cascading effect and kills the soul of GST.
Situations, whether good or bad won't last forever. We have survived our nightmares. Tell it to yourself that yes you can and you will survive it too. Things will change for the better if you don't give up.
Businesses that have not filed GSTR-3B returns in the preceding two months will not be able to file details of outward supplies in GSTR-1 from September 1, GSTN has said.
Company Secretary is one of the best career options for students pursuing a professional career in the commerce sector, especially students with a commerce background.
It is never too late. You can complete your studies at any point of time. Don’t think about people’s reaction and if possible then don’t tell them as what you are doing is not their concern.
Rule-59(6) of CGST Rules, 2017, inserted vide Notification No. 1/2021, provides for restriction in the filing of GSTR-1 in certain cases. It is being made operational on the GST Portal from 1st September 2021.
Disqualification of directors can be grouped into two parts - Disqualification at the time of appointment (Personal Disqualification) and Disqualification for re-appointment (Corporate Default).
Intraday trading is the process of purchasing and selling stocks within the same day before the market closes. Swing trading is a kind of fundamental trading in which positions are held for longer than a single day.
Certification Course on GSTR-3B Reconciliation with GSTR-2B using AI Tools