Composition Form CMP 08 – All you need to know!

April 2019, CBIC introduces form CMP 08 for the composite dealers in India. Form CMP 08 (Replacing form GSTR 4) is a quarterly return form and will be applicable from

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Do You have Missing Invoices in Your GSTR 1?

As registered taxpayers, entities need to file various returns based on their nature of business and the type of registration obtained. Returns filing under GST is often perceived as a complicated activity

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GSTR 3A – Notice on Non-Filing of GST Returns and Paying GST as EMI

What is form GSTR 3A? Under GST, a registered taxpayer, with a turnover exceeding the threshold limit, is required to file his/her GST returns on a monthly/quarterly basis along with

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GST Return Forms  Various Types and Who Need to File

In order to simplify the taxation process and the cash flow, the GST returns have been segregated as per taxpayers’ registration and business types. These return forms are as follows:

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GSTR 4 and Composition Scheme under GST

What is composition scheme? Composition Scheme is a simple and easy scheme under GST for small taxpayers. Under GST small taxpayers can choose to free themselves from the hassles GST

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Form GSTR 1 – Everything you need to know about it

GSTR 1 – Introduction GSTR-1 is a monthly or quarterly return (based on taxpayer’s annual turnover) that should be filed by every registered dealer. In this form, the registered taxpayers

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The Curious Case of GSTR 2X

GSTR 2X return need to be filed by taxpayer who wants to claim for TDS and TCS credit received. Here taxpayer will get auto-population of data from his counterparty who files GSTR 7 and

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Job Work and ITC 04 : Charging GST on Goods not Owned

29 March 2019 Update: GSTN brings relief to companies engaged in Job Work. The due date for filing ITC-04 for period from July 2017 to March 2019 hs been extended till

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GSTR 7 and TDS Explained in 10 ‘Should Ask Questions’

GSTR 7 and TDS Explained in 6 ‘Should Ask Questions’ When it comes to Indirect Taxation, one item that forms an important part of the team’s job is filing TDS

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5 Aspects of ITC Distribution an ISD should Know

‘Input Distributor Officer’ is one of the most crucial concepts in the Indian economy, especially for the big players in the market. With ISD, the common expenditure shared between sub-branches

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11 Points to Know Before Filing GSTR 6

When a business is born, the mind behind the venture begins to dream of a future where the business has grown in every corner of the nation.  However, as the

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Everything You Need to Know About TCS and GSTR 8

Just like Job Work, ecommerce transactions also involve a different buy-sell arrangement, hence need special attention in GST Law. As per the section 52 of CGST Act 2017, a person

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