Form GSTR 9: Categories, Applicability, Parts & Sub-Parts, Preparation, & Filing Table 4 and 5 of Form GSTR-9 Explained: 10 Step Guide to Outward Supply Form GST DRC-01A: A Crucial Step in GST Dispute Resolution Now, let us look at GST due dates for January 2025. Here is a compre...
E-invoicing under GST streamlines B2B transactions for GST-registered businesses. Learn more about e-invoicing and e-invoice applicability. Article By Business Tips How to Start an Export Business in India Before you start an export business, you'll need a bank account, IEC, RCMC amongst nece...
E-invoicing under GST streamlines B2B transactions for GST-registered businesses. Learn more about e-invoicing and e-invoice applicability.
Common understanding of GST applicability under RCM on Director's Remuneration: Services supplied by the director in the capacity of an employee – If there is an employer-employee relationship between the director and company then the company would not be liable to pay GST under RCM on the remu...
Applicability of deemed value on FLDG arrangements First Loss Default Guarantee or FLDGs[3] are arrangements that do not involve the borrower, the guarantee is usually given by the supplier (i.e., the DLG provider) to the lender. As such, unlike guarantee which is a tripartite contract betw...
As per section 52 of CSGT Act, the TCS is to be collected by the e-commerce operator with respect to taxable supplies made through their portal by other suppliers, where the consideration in respect of such supplies is collected by him. Thus, the applicability for TCS collection depends upon...
Question No. 111:I have paid 5% GST on reverse charge basis for receipt of GTA service. Can I claim credit for GST paid? Answer:Yes, its credit can be claimed. Question No. 112:Date of applicability of TDS provision under GST regime?
Applicability of GST Registration for E-Commerce Collecting TCS The obligation to collect and remit tax falls squarely on the shoulders of online aggregators under the Goods and Services Tax Act. Currently, TCS costs are calculated at a rate of 1% per transaction. As soon as the duty is colle...
which tax payers can use tofile GST returns online. All these forms are required to be e-filed as per the GST return filing process laid down in the GST return rules section of the GST Act. The details of each of these GST return formats, along with details of applicability and periodic...
Applicability E-invoicing would be required for all GST-registered businesses whose turnover exceeded ₹5 crore in any financial year during the period from 2017-18 to date. Aggregate turnover growth means the total revenues across all GSTINs under one PAN in India. ...