Read the full article to know all the updates: GST Proposals in Union Budget 2021. The month also saw a few GST updates and changes, we have covered them all here: Top GST News of the Month – February 2021. Coming back to March, the month also signifies the beginning of spring in ...
Read the full update here: GST Rate hike on apparel, footwear and fabrics. GSTR 2B: The GSTIN once again updated the manual advisory for the auto-drafted ITC statement GSTR 2B form for the normal taxpayer. Central Board of Indirect Taxation and Customs department has notified the fresh ...
Taxpayers must fill out the Refund Pre-Application Form in order to provide particular details about their business, such as Aadhaar number, income tax information, export data, expenses, and investments. The original GST refund invoice must be filed before this form is submitted. Before filing fo...
GST Council has decided to make changes in Return filing process in its GST Council Meeting on and decided to replace GSTR3B and GSTR1 forms with New GST forms NORMAL,SAHAJ, SUGAMHere we will discuss complete details about these forms likeWhat are the ne
Note: By offering any suggestions to Microsoft, you give Microsoft full permission to use them freely. GST AND AUSTRALIAN TAXES 5 6 GST AND AUSTRALIAN TAXES Part 1: Setup This portion of the documentation guides you in setting up the Australian Tax features in Microsoft Dynamics GP. Setup ...
Get notified when a full payment is made against the invoice. invoice.partially_paid Get notified when a partial payment is made against the invoice. invoice.expired Get notified when the invoice gets expired. Simple pricing, no hidden charges ...
Persons eligible for full ITC Section 16 of the CGST Act specifies the eligibility and conditions for availing ITC. Where a person is eligible for a claim of full ITC, the value of supply of corporate guarantee will be based on the invoice value instead of the deemed value. ...
Q. Is GST applicable on detention charges? If yes, what is the rate? A. Yes, GST of 18% is applicable on detention charges per Government notification. Q. If the invoice is raised before implementation of GST and payment made after implementation (whether in full or p...
The goods will not be released until the tax and penalty are paid in full. 3. Applicable GST Rules: Section 129 of the CGST Act, 2017 says that things that are transported against the law can be held or taken away. The owner of the goods can pay the fine and tax, which is the fu...
Click theDOWNLOAD GSTR-5A (PDF)to get the file in the pdf format. NOTE: You cannot file the returns for GSTR-5A until you have filed full payment of taxes and other liabilities for the tax period. For this case, you have to create a challan. ...