Goods and Service Tax

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GSTR3B

Reading Time: 2 minutes Many of  Professionals are facing the “Error Invalid Return Type” ” in GSTR3B Return for as shown in the below image Solution It’s a minor problem and it’s can be fixed in few seconds. just follow the below mention step. To avoid getting this error, please click on the tile ‘Monthly Return GSTR 3B’ to
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GSTR3B

Reading Time: 4 minutes Due Dates of GSTR3B for remaining 5 months 2017-18 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 34/2017 – Central Tax New Delhi, the 15th September, 2017 G.S.R……(E):- In exercise of
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Reading Time: 4 minutes Notification regarding composition Dealers [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 34/2017 – Central Tax New Delhi, the 15th September 2017 G.S.R……(E):- In exercise of the powers conferred by section
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Reading Time: 2 minutes TDS under GST section comes Into force Tax Deduction at Source (TDS) is a system, initially introduced by the Income Tax Department. It is one of the modes/methods to collect the tax, under which, a certain percentage of the amount is deducted by a recipient at the time of making payment to the supplier. It
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GST Audit Mechanism

Reading Time: 3 minutes GST AUDIT | Goods and Services Tax Audit Mechanism GST is a mutual trust based taxation system in which the taxable person is required to self-assess his returns and determine tax liability without any intervention by the GST official.Therefore a tax system that relies on self-assessment has to put in place a robust ” Audit Mechanism
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GSTR

Reading Time: 1 minute Notification no. 29/2017 – Central Tax regarding extension of filing dates of GST Returns  1/2/3 for the month of July & August, 2017 Rectification of Omissions,Errors during filing of GST Return

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Reading Time: 1 minute Government of India Ministry of Finance 17-August-2017   On Clarification regarding availability of Transitional Credit for GST As per the rules, the GST for the month of July 2017 has to be paid by 20th August, 2017. Only after the payment of full GST, return in summary Form 3B can be filed. Concerns have been raised
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