Under GST, there are 19 GST return forms, which tax payers can use to file 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,...
One of the major changes is GST expects you to submit the returns with Bills and its Items with HSN Codes. Before filing any return payment of tax due is pre requisite otherwise such return will be invalid. So be careful with dates by when each of these returns to file. Steps to File ...
Learn how to file Income Tax Returns ( ITR ) for FY 2022-23 (AY 2023-24) and FY 2023-24 (AY 2024-25). We covers tax concepts on Salary, interest, Capital Gains, House Property, Business and Profession and GST.
FormGSTR-3Bis a simplified summary return, and the purpose of the return is for the taxpayers to declare their summaryGSTliabilitiesfor a particular tax period and discharge these liabilities. A normal taxpayer is required to file GSTR-3B returns for every tax period. How to file GSTR-3B o...
GST Payment Processes for Different Taxpayers What Are the Modes of GST Payment? How to generate a GST challan on the GST portal? How to Make GST Payment Online? How to Make GST Payments Offline? How to Check GST Challan History? What is the Time Restriction to Complete the GST Payment?
According to the latest government data, more than one crore GST-registered entity have failed to file a return on time. So, if you are one of them, the government authorities might soon have the power to attach your bank accounts and properties in case you fail to file the tax returns ...
Businesses are required to complete and file a GST/HST return at the end of each reporting period. Additionally, businesses must remit the tax collected to the tax authority. Most registered businesses must file a return even if they don’t have any business transactions or tax to remit. F...
Learn how to pay GST online with our step-by-step guide. Understand GST payment rules and processes to ensure smooth and compliant transactions.
every reporting period, regardless of sales made during the period. If you continue to file zero returns, you might be notified by the taxing authority that you are no longer required to file a return. Until you receive a change in frequency notice, you should stick to your filing schedule...
One of the key actions the government has taken to transform India's taxation system into a single national tax is the introduction of the GST. Multiple taxes were eliminated or combined into a single tax structure by the GST. According to this system, any organisations engaged in purchasing,...