On July 11th 2023, the GST Council is going to meet for the 50th GST Council Meeting and discuss important subjects that are long awaited including GST appellate tribunal, GST revised rates for gaming and other industries. As e-invoicing will be mandatory for businesses with an AATO of Rs....
It is mandatory for every registered entity to file GST return under the GST act. Return filing period depends on the type of GST Registration as well as transactions performed by the taxpayer. Regular taxpayers, tax deductors, input service distributors, foreign non-residents needs to file month...
GSTR 9 is an annual return form for all the taxpayers which has to be filed before 31st December every year. The annual form consists of all the SGST, CGST and UTGST transactions and has to be included in the form GSTR 9 mandatory. The GSTR 9 will be filed by 31st December 2025 ...
On July 11th 2023, the GST Council is going to meet for the 50th GST Council Meeting and discuss important subjects that are long awaited including GST appellate tribunal, GST revised rates for gaming and other industries. As e-invoicing will be mandatory for businesses with an AATO of Rs....
Mandatory GST e-invoicing in India The government of India is giving its citizens more access to technology and the digital world. The Indian government hopes to empower the nation by making crucial online infrastructure accessible to all stakeholders through its flagship initiative, "Digital India."...
More than 5Cr Filling is mandatory Filling is mandatory File GSTR 9C Audit Form Via Gen GST Software, Get Demo! Women's Day Offers for Females* Simplify GSTR 9C Filing by CBIC Some exemptions have been done in this form listed below: Part of the turnover adjustments necessary in Table ...
As the new year is coming, you must also know an important due date for filing GSTR-9 Annual Return is also fast approaching. GSTR-9 due date is 31st December. Let’s know everything about it in an easy and quick manner. Who needs to file GSTR-9? Filing GSTR-9 is mandatory for...
GST registration is mandatory for certain businesses based on their annual turnover and the nature of their business. However, it also benefits those who register, such as claiming back tax credits to avoid a cascading tax system that would impact the price of your products. What is GST regist...
So if you have set up a Shopify store in India, GST is mandatory. How does Shopify calculate GST? Shopify does not automatically calculate GST. You will need to go to your Settings -> Taxes and click on India. There, you need to enter the 9% CGST tax rate into the Country Tax ...
The GSTIN, places of supply, and HSN codes are mandatory details that must be included on GST-compliant invoices. Without these checks, SMEs may have to pay fines and penalties. Also Read - What Is E-Invoice In GST? Operational costs may increase due to GST The implementation of GST may...