GSTN suggests Free Billing and Accounting Software to SMEs

Reading Time: 4 minutes Free accounting software, Small and Medium Business were demanding support from Government for the Accounting software as the several small taxpayers were unable to afford Popular Accounting and Taxation Software Like Tally,Busy , Marg Etc because starting range for these software are from Rs 20000.00 (Twenty thousand only )  per year , which is a
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Transfer of ITC on the Death of Proprietor

Reading Time: 4 minutes Transfer of ITC on the death of proprietor, The Central Board of Indirect Taxes and Customs, vide Circular no 96/15/2019-GST has clarified regarding Change in the ownership of business due to death of the sole proprietor, in the registration form, GST REG-01 to be filed electronically in the common portal. The legal heir of the
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Changes in E-Way Bill System

Reading Time: 2 minutes Changes in E-Way Bill System, The GSTN has made the below mention changes in the Eway bill system 1. Auto calculation of route distance based on PIN code for generation of EWB: E-waybill system is being enabled to auto calculate route distance for movement of goods, based on the Postal PIN codes of source and
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Reading Time: 2 minutes Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity to large numbers of people. “Housing for All by 2022” envisions that every citizen would have a house and the urban areas would be free of slums. There are reports of slowdown in the sector and low off-take
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GST Revenue Collections

Reading Time: 2 minutes GST Revenue Collections, The total gross GST revenue collected in the month of January 2019 is Rs 1,02,503 crore of which CGST is Rs 17,763crore, SGST is Rs 24,826 crore, IGST is Rs 51,225 crore (including Rs24,065crore collected on imports) and Cess is Rs 8,690 crore (including Rs 902crore collected on imports). In FY 2018-2019, it is for the third time that GST Revenue collection has crossed One Lakh Crore. The total number of
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GSTR-8 | CBIC extends Due Date for filing

Reading Time: 2 minutes GSTR-8, The Central Board of Indirect Taxes & Customs ( CBIC ) vide its order No. 02/2019-Central Tax dated February 01, 2019 has extended the due date for furnishing return in Form GSTR-8 to February 07, 2019 as the E-commerce operator were unable to obtain registration because of technical issues being faced by them on the common portal but they collected the amount for
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FORM GST TRAN-1

Reading Time: 2 minutes FORM GST TRAN-1, The Central Board of Indirect taxes & Customs ( CBIC ) vide its Order No. 01/2019-GST dated January 31, 2019, extends the time limit for submitting the declaration in FORM GST TRAN-1 till March 31, 2019, for the class of registered persons who could not submit the said declaration by the due date on account of technical difficulties on
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Reading Time: 3 minutes PART A I am deeply conscious of the absence ofShriArunJaitley today. I am sure the House joins me in wishing Shri Jaitley speedy recovery, good health and long life in the service of the nation. Madam Speaker, the people of India gave a strong mandate to our Government. Under the visionary leadership of Hon’ble Prime Minister
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