Exploring Simplified GST Returns – Taxpayer’s Profile

GST 2.0, a.k.a the Simplified GST Returns is expected to simplify indirect taxation for the taxpayers, and provide a boost to the economy in India. But as they say, “Rome

Share
Casual Taxable Person under GST

The provisions made under GST define a Casual Taxable Person as any individual who transacts goods and services occasionally while acting as a Principal, Agent or in any other capacity

Share
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

Share
5 Key Changes in New Simplified Returns

The Simplified returns are to be introduced under GST in order to simplify the complexities in the current return system. While the new GST system would be applicable for all

Share
Concept of Pure Agent Under GST

Section 2(5) of the CGST act defines an agent as a person who carries on the business of supply and/ or reception of goods or services on behalf of another,

Share
Necessary actions to be taken for GSTR 9 and GSTR 9C – CBIC Press Release

Update 26th August 2019: The finance ministry extended the last date for GSTR 9 Filing  by three months to November 30 from 31st August 2019. _______________________________________________________________________ Although the due date

Share
The GST Glossary

The Goods and Service taxation introduced in the country in 2017 is one of the most intricate taxation systems worldwide. And to shift taxpayers from diverse taxation systems like excise,

Share
How to Fill GST ANX-1: Simplified GST Returns

The new – simplified GST return system is expected to be introduced, mandatorily, onto the current GST Returns system of India in the month of October, 2019. As per the

Share
35th GST Council Highlights: GSTR 9 Due Date Extended

The GST Council meeting held today under the chairmanship of newly elected Union Finance Minister Mrs. N Sitharaman was long awaited by the tax community. With GSTR 9 filing due

Share
6 Things to Expect from the 35th GST Council Meeting

The GST Council is scheduled to meet for 35th time under GST regime on 21th June, postponed from the original date of June 20. The 35th GST Council Meet will

Share
34th GST Council Meeting – GST Rates for Real Estate Sector

Updated on 21 June 2019: 35th GST Council Meeting was held on 21st June 2019 under the chairmanship of newly elected Union Finance Minister Mrs. N Sitharaman and few important decisions were

Share
Road Map to Simplified GST Returns Released

In a bid to simplify tax compliance in India, implementation of simplified GST return forms was proposed in the 31st GST council held on December 22, 2018. These simplified forms –

Share