GST Compliance Calendar – June 2024 As we start the month of June 2024, it’s essential for businesses in India to stay compliant with the Goods and Services Tax (GST) regulations. Our GST compliance calendar outlines the key due dates for various filings and payments to ensure that business...
What Is GST Payment? GST payment refers to the tax businesses and individuals are required to pay to the government under the Goods and Services Tax regime. This payment is calculated based on the applicable rates for the goods or services provided, after subtractingInput Tax Credit (ITC). Bus...
GST Notification 01/2025-Central Tax dated 10-1-2025: Seeks to extend the due date for furnishing FORM GSTR-1 for the month of December, 2024 and the quarter of October to December, 2024, as the case may be GST Notification 02/2025-Central Tax dated 10-1-2025: Seeks to extend the ...
17th September 2024 The new advisory to businesses extends the due dates for re-opening claims for input tax credit (ITC) reversal on the official GST portal. View more Read PDF 11th September 2024 GSTN has updated the QR Code Scanner Mobile application for taxpayers. Download Now https://e...
Once GSTIN is allotted, you must quote it on your invoices to your customers and provide it to your vendors to claim the input tax credit. Frequently Asked Questions (FAQs) 1. Where can I track my ARN? You can track GST ARN on the GST Portal. Log in to your account, go to the ...
Due Dates TDS Return in Form 24Q, 26Q, and 27Q for Jan-Mar 2025 Due Date:31-May-2025 TDS / TCS Payment for May 2025 Due Date:07-Jun-2025 Professional Tax (PT) on Salaries for May 2025 Due Date:10-Jun-2025 GSTR 1 (Monthly) for May 2025 ...
exmpted from service tax. Now after implementation of GST, that services are having 18% GST. resulting my government authority asked to deposit GST @ 18% after july 17. Now i do not have such huge profit margin . whether i could avail benifits of section 171 for tax payment by ...
S14.1 Ways of Collecting Income Tax- Self Assessment Tax- Advance Tax, TDS, TCS S14.2 Know Basic Terms used in TDS and TCS S14.3 TDS Process Overview I Cycle of TDS S14.4 TDS Deposits - Payment Due Dates, Penalties S14.5 TDS Returns Forms Dues Dates, Penalties S14.6 TDS Certificates Fo...
Credit Ledger:The self-assessed ITC in the monthly returns is reflected in the credit ledger. As this ledger is used only for the payment of tax, it cannot be used for any other payments such as penalties, fees, interests, and so on. ...
C. Zero-rated supplies without payment of tax: Value of zero-rated supplies (including supplies to SEZs) on which tax is not paid shall be declared here. This shall be reported net of credit notes, debit notes and amendments if any. D. Supplies on which tax is to be paid by the reci...