For Inward Supplies, a GST registered taxpayer needs to file GSTR-2. In other words, GSTR-2 is to be filed for all purchases made during the tax period. In this article, we will discuss how to file Nil GSTR-2. Nil GSTR-2 is filed when there are no purchases during the tax period. Please note that if […]
Major Decisions Taken in 22nd GST Council Meeting
The 22nd GST Council Meeting was held on 6th October 2017 at New Delhi. Many important decisions that GST Council took in this meeting. Recently, taxpayers were facing many problems due to system failure of GST portal as well as return filing compliance. Key points discussed in this meeting are listed below: GST Registration GST Return […]
Step By Step Guide To File LUT For Exports Without IGST
With the release of government for exports against LUT without paying GST or Bond vide Notification No. 37 /2017 – Central Tax. The IGST Act governs exports and imports of goods and services under the GST regime. Note: LUT stands for Letter of Undertaking. Previously, the eligibility for furnishing LUT was for those who have […]
Export Against LUT Without Payment of GST or Bond
The government announced vide Notification No. 37 /2017 – Central Tax that exporters and now export against LUT without the payment of GST or Bond. Note: LUT stands for Letter of Undertaking. Since the implementation of GST, the exporters were facing many problems in taking refunds of GST paid on their consignment and blockage of […]
Mismatch of PAN Details With CBDT Data In GST Registration
During the GST registration process, many people face problems due to Mismatch of PAN details with CBDT data in GST Registration. CBDT stands for Central Board of Direct Taxes. The main reason for this to happen is that, while applying for PAN you might have given a different name to be displayed on the PAN […]