Central Board of Excise and Customs vide its Notification No. 2/2017-Central Tax Rate, dated 28 June 2017 published a list of exempted goods under GST regime. You can download the copy of the said notification in pdf format from the link below: Notification 2/2017-Central Tax Details of Products and HSN codes of these 0%/NIL rated […]
Goods and Services Tax – GST Rumors VS Reality
There are many rumors about the newly launched GST tax. In this article, we will discuss GST Rumors VS Reality. This is all due to lack of proper information and to also due to fewer efforts made on educating people about GST. As an individual, GST could have been a big success if rolled out […]
Important Things To Know about GSTR-1
With an intention to ease the implementation of GST, the GST Council increased the timeline to submit GSTR-1 and GSTR-2 for July and August 2017. Instead of that, the council introduced GSTR-3B, a summarized outward/inward return for these two months. The last date of submission of this return was 20th of August. Today, we will […]
Supply Through E-commerce Platforms Under GST
It is mandatory to register for all suppliers that make supply through e-commerce platforms under GST irrespective of their turnover threshold limit. Sales on E-commerce platforms has been continuously increasing. The reason behind this increase is the high level of customer satisfaction and cash on delivery, return policies etc. GST Compliance for Supply Through E-commerce […]
How To Prepare GST Challan for Tax Payment?
Once you prepare your GSTR-3B or any other GST Return you need to prepare the GST Challan for tax payment. In this article, we will discuss how to prepare the GST Challan as well as different methods of making payment of the Challan. Step-By-Step Guide to Prepare GST Challan For Tax Payment The due date […]