June 22, 2020
Outward Supplies under GST & their reporting plays a very major role for both the Supplier & the Receiver while filing GST Returns.The introduction of the New GST Return System has brought changes & additions to the existing reporting pattern of outward supplies.These Changes will have a variety of effects on Businesses.All this & more
May 26, 2020
Article CoversBackground of the MSMEs & the MSME Act 2006Introduction to the GST Regime & its impact on MSMEsIntroduction to New GST Returns & the Revised Forms New GST Return System- What’s in it for the MSMEs?-Anticipated BenefitsAnticipated IssuesConclusion Watch video on Importance of Form GST REG-06 Background of the MSMEs & the MSME Act 2006The
October 19, 2019
GST Council, in its 37th Council meeting held in Goa, announced that new GST returns shall be implemented from April 2020 instead of September 2019. This new return filing system shall replace the existing GST return filing system. This new simplified return filing system will be introduced to ease the compliance process and identify defaulting taxpayers. Under
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
