In the event of a Canada Revenue Agency audit, businesses should maintain detailed books and records, including payment dates, analyses used to determine whether a product or menu item is temporarily zero-rated, and product shipping or ...
GST Payment & Refund There are less than 4 months left for the implementation of GST on July 1. GST Notice Solution The rules governing the implementation of the Goods and Service Tax HSN Code Finding HSN code or "Harmonized System of Nomenclature" is a multipurpose international product ...
January GST Due Dates | GST Compliance Calendar for the month of January 2025| GST Due Dates January 2025
GST Circular 27/2024 dated 11-9-2024: Clarification regarding regularization of refund of IGST availed in contravention of rule 96(10) of CGST Rules, 2017, in cases where the exporters had imported certain inputs without payment of integrated taxes and compensation cess. 54th GST Council Meeting...
Interest on Late GST Payment and Penalty on Missing GST Return Due Dates The GST Council has decided to levy an interest of 18 per cent on the late payment of taxes under the GST regime. The interest would be levied for the days for which tax was not paid after the due date. You can...
Late payment and finance charges (monthly interest) are exempt from GST. Are cash advance fees subject to GST? No, they are exempt from GST.Remittances Will interbank GIRO/ FAST/ Telegraphic Transfer be subject to GST? Interbank GIRO/ FAST / Telegraphic Transfer are exempted from GST. Are te...
28th October 2024 The official portal now supports Biometric-based Aadhaar authentication and document verification for GST registration for Kerala taxpayers. 24th October 2024 The Kerala GST Department Circular No. 18/2024 provides instructions regarding non-filing and short payment adjustments for the Fl...
If the taxpayers opt for a QRPM scheme, they will also be entitled to file GST in the form GSTR-1 and GSTR-3B once a quarter and meet monthly estimated payment of taxes. 2. Composition taxable person A person registered under the composition scheme is entitled to file the GST return ...
When to make the payment? Who should make the payment? How to make GST payment? What are Electronic Ledgers? Penalty for Non-payment or Delayed payment All About GST Refund What is a GST Refund? When can you claim the refund? Time Limit for Claiming the refund ...
[Read more...] about Effective rate of tax and credit available to the builders for payment of tax are summarized in the table for pre-GST and GST regime Extension of due dates for filing GST returns November 28, 2018 by admin Leave a Comment Ministry of Finance Extension of due dates...