GSTR-3 Filing

GSTR-3 filing has to be done by every GST registered business till 20th of each month. This form will be filed automatically on the basis of outward supplies and inward supplies with the payment of…

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GSTR-2 filing

GSTR-2 filing has to be done by a registered taxable recipient, it will include details of all inward supplies of taxable goods and services .The due date of filing this form is 15th of each month.…

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Categorized as Articles, GST

GSTR-1 Filing

Every registered taxable person is required to submit the details of outward supplies in the GSTR-1 filing. This return is required to be filed within 10 days from the end of the tax period, or…

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Categorized as Articles, GST

GST Return filing

GST return filing will be mandatory for all GST registered businesses irrespective of if there was any activity / sale during the return filing period. GST registration holder would have to file GSTR-1: detailing outward…

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Categorized as Articles, GST

GST Myths vs. Reality

India has undergone the biggest tax reform in its history, GST has now been implemented into our taxation system, as GST in our system is completely new and different from GST being used in other…

Do you need IT system for GST?

GST will be implemented in India from 1st July 2017, this will completely change the taxation system of India, GST will replace most of the indirect taxes in our system and merge them into one.…

GST tax invoice

Introduction: Before getting to this lets make clear what tax invoice is? Tax invoice may be understood as the invoice issued by one registered vendor to another, during sales. The main purpose of issuing tax invoice…