30th GST Council Meeting hikes GST Tax Rate for Kerala Flood Relief Funds The apex authority to oversee and address issues concerned with the GST, i.e. the GST council has always devised and properly implemented several egalitarian reforms in their previous meetings. The notew...
In Nil GST CMP-08 return, the following details are to be filled: Outward supply (sale) Liability due to GST reverse charge (incl. import of services) Any other GST tax liability Very importantly, there’s no provision to enter the details of inward supply (purchases) in GST CMP-08. Pu...
These taxpayers summarize their quarterly turnover and generate the CMP-08 challan for payment. For example, tax for the April-June quarter must be paid by 18th June. What Are the Modes of GST Payment? Making GST payments can be done through various methods, providing taxpayers with flexibility...
GSTR-CMP-08 GSTR-4 GSTR-9A GST reports and statements Incomplete/Mismatch summary Input Tax credit summary Advance receipt tax liability Revere charge tax summary HSN/HAC summary Document summary Track GST return activities Challan Reconciliation report e-Invoice status report and registers e-Way...
With heightened sales and activity, companies focus on managing cash flow and ensuring timely tax filings, making October a key month for both celebrations and financial operations. In the realm of GST, the preceding month was notably eventful. There were several new GST Notifications that have ...
CMP 08 Qtr – March 21 18th Apr 2021 3rd May 2021 Nil interest 4th May to 17th June 2021 Interest at a reduced rate of 9% No late fees till 17th July 2021 Staggered GSTR 3B Filing Rescinded 10th Nov 2020: CBIC vide GST Notification 86/2020-Central Tax, date. 10-11-2020 has res...
CMP-05 FORM GST CMP-05 CMP-06 Reply to the notice to show cause CMP-07 FORM GST CMP-07 CMP-08 Statement for payment of self-assessed tax GST REG FORMS Form No.DescriptionDownload PDFWordExcel REG-01 Application for Registration REG-02 Acknowledgment REG-03 Notice for Seeking Addi...
Sir Tipper’s rent received the rate of tax? Tipper charges the rate of tax Reply SAG Infotech September 21, 2020 at 4:51 pm 18% Reply Shweta bansal August 20, 2020 at 7:51 pm I want to get updates of GST on a regular basis Reply SAG Infotech August 21, 2020 at 11:21...
GST CMP-08 Quarterly self-assessed statement-cum-payment by composition dealers. 5 GSTR 5 Goods and Services Tax Return of non-resident taxable person: This return will contain all business details for non-resident (NR) including the details of sales & purchases. ...
Going forward, from the tax period August, 2021 onwards, the System will periodically check the status of returns filed in Form GSTR-3B or the statements filed in Form GST CMP-08 as per the regular procedure followed before pandemic, and block the generation of EWBs as per rule. 3. To ...