Reverse Charge mechanism

All About Reverse Charge Mechanism Under GST

What is Reverse Charge Mechanism? Under Reverse Charge mechanism is the beneficiary of the good and services is liable to pay the tax instead of the provider of the goods or services in respect of specified categories of supplies.

Continue Reading
E-Way Bill

GST E-Way Bill Guide

What is an E-Way Bill E-Way Bill is an electronically generated document which can be generated on the GSTN (common portal). A ‘movement’ of goods of more than Rs 50,000 from one place to another. E-WayBill will also be allowed to be generated or canceled through SMS.

Continue Reading
HSN Code in GST

What is HSN Code in GST?

What is HSN code in GST The Harmonized System of Nomenclature or simply “HSN”, 6 digit uniform code allotted over 5000 goods and universally accepted. It is multipurpose international product nomenclature developed by the World Customs Organization(WCO).

Continue Reading
GST cuts effects

GST cuts effects: Get More at same price

GST cuts effects on the consumer shopping for your daily usable products NEW DELHI: next time when you go for shopping for your daily usable products, you may GST cuts effects larger pack sizes in the same price rate as per some consumer goods companies plans to increase the weight of their basic daily usable products […]

Continue Reading
GST Registration

GST Registration Procedure of Practitioner

who apply for GST Registration? GST Practitioner is a tax professional who has been approved by Government and authorized by the taxpayer to perform other activities on the basis of the information on behalf of the assessee.

Continue Reading
GSTR-4 Return Form

Easy Step by Step Guide for GSTR-4 Return Form Online Filing Procedure

ALL About GSTR-4 Return Form GSTR-4 Return Form is filled by those taxpayers who are registered as Composition dealer in the GST Regime and GSTR-4 Return Form is filled on the Quarterly basis. Not all businesses will be eligible to register under the GST composition scheme – only the business entities, for whom the annual […]

Continue Reading
Digital Payments

Govt plans GST Relaxation for digital payments

New Delhi:- The Center has Proposed a Two percentage point discount in the GST for Consumers who make the digital Payments. The proposal is likely to be picked up at the next council meeting in January 2018 if approved then it will boost the government to the attendant in a cashless economy.

Continue Reading
GSTR-3B

Guidelines for Filling GSTR-3B Form

What is GSTR-3B? GSTR-3B is an Interim return made for filing the consolidated values of outward & inward supplies self-declaration basis for the month of July and August.

Continue Reading
GSTR-6A

Guidelines for Easy Filling GSTR-6A Return Form

What is GSTR-6A? GSTR-6A form is like GSTR-2A that generated automatically depending on the details provided by the Supplier in their GSTR-1.

Continue Reading
file GSTR-6 Form

Guidelines for Easy Filling GSTR-6 Return Online

GSTR-6 Return is a document/statement filed by Input Service Distributor and file monthly GSTR-6 Return within thirteen days after the end of the month.

Continue Reading