Once you have submitted your GST REG-01 form, you will receive an E-mail and SMS, notifying you that your new registration application has been submitted. This notification will contain the 15 digitApplication Reference Number (ARN).You can use the ARN to track your application status, and k...
one option for the tax payer is to submit four instruments for crediting to the respective accounts. Four instruments may not be required if pooled account for realization of instrument is maintained. The matter was discussed in detail and it was recommended, that in the interest of facilitating...
4. Submit the Challan to the Bank Submit the printed challan and the payment amount in cash, cheque, or demand draft at the bank counter. The bank will provide a stamped acknowledgement as proof of payment. 5. Verify GST Payment Status After making the offline payment, you can check the ...
Step 6: If you login for the first time on the GST Portal, you will be asked to file a non-core amendment application in order to submit bank accounts details. Click on the “FILE AMENDMENT” button. Step 7: Then you will be able to see the application form for editing where non-co...
GST Refund Time Limit What situations lead to refund claims? What are Steps to Submit a Refund Pre-Application Form Refund Process of IGST on Export of Goods (with tax payment) Steps to Apply in Form RFD-01 for Various GST Refund Claims ...
However, if that doesn’t happen. You need to apply for restoration. Taxpayers can initiate drop proceedings by clicking ‘Initiate Drop Proceeding’ after filing pending GST returns. Firstly, Log in to theGST portal. Navigate to the ‘User Services’ tab within the ‘Services’ menu. Select ...
GST’s relationship to the business activity statement (BAS) Thebusiness activity statement (BAS)is a form businesses submit to the Australian Tax Office to report their tax obligations, including GST. Within this form, businesses detail sales, purchases, and the resulting GST they need to pay ...
You can also submit your BAS with online accounting software. Fill out a NAT 2954 form If you don’t want to register online, you can fill out a NAT 2954 form using the ATO publication ordering service. Order your form here. Register for GST on the phone You can also call the ATO ...
Learn how you can transition smoothly from the existing tax system to the GST system using TRAN 1 and TRAN 2 from Zoho Books GST.
The cons of GST Naturally, the GST can’t be all positives. There are also disadvantages to registering for the GST before you reach the turnover threshold.Administrative costs Once your business is registered for GST, you’ll need to submit your Business Activity Statements on a regular basis...