September 23, 2019
The 37th GST Council Meeting was held in Goa on 20th September, 2019 under the chairmanship of Union Finance Corporate Affairs Minister Smt. Nirmala Sitaraman.The main expectations from this meeting were decisions to be taken on implementation of new returns, GSTR 9, GSTR 9A and GSTR 9C due date and applicability and GST rate change
August 27, 2019
In the 35th GST Council Meeting held on 21st June 2019, Council has finally announced the process for implementation of New Return Forms. New return forms will contain basically 3 forms GST Anx – 1, GST ANX – 2 and GST Ret – 01. New return forms will be applicable from October 2019. Transition to
August 26, 2019
Definition of Audit given under Section 2(13) of CGST Act 2017, envisages, auditor should verify the correctness of Turnover Declared, taxes paid, refund claimed, ITC availed and assess compliance with provisions of GST Law. While carrying out certification for Form GSTR 9C, auditor is required to ensure that he has obtained reasonable audit evidence to
August 23, 2019
In our previous post here we explained What IS GSTR 9? Type, Applicability, Late Fees & Requirements in detail. You can browse other GSTR 9 tutorials here. Today we are going to see How to File GSTR 9 Annual Return Online – Step by Step. While filing GSTR 9 you may have certain questions like-What if
August 20, 2019
1.What if outward supplies as per GSTR 1 is more than that reported In GSTR 3B?Verify if outward liability reported as per GSTR 1 is accurate. If GSR 1 is accurate, then verify if additional liability has been reported in GSTR 3B in the next year. If it is reported in next year, then show
August 9, 2019
By virtue of Section 51 of CGST Act 2017, government has introduced the concept of Tax Deducted at Source under GST, unlike it is there under Income Tax. TDS refers to the tax which is to be deducted when the recipient of goods/ services makes some payments under contract. Intention behind this seems to be,