To assist corporate industries and small businesses, the Finance Ministry announced in a press release the GST AMNESTY SCHEME FOR GSTR 3B LATE FEES to provide relief to small taxpayers. At the moment, an amnesty scheme is recommended to benefit approximately 89 percent of GST taxpayers. The 43rd GST Council meeting will be held via … Read more
What is GST and GSTIN Number? GST: Introduced in July 2017, GST (Goods and Service Tax) is an indirect tax regime. The main purpose of introducing the GST by the government was to simplify the existing structure in India and follow one nation, one tax, one market. So many central and state levied taxes were … Read more
GST Rates Revision in the 42nd GST Council Meeting The 42nd GST council meeting was conducted on October 5, 2020. In the 42nd GST Council meeting, the rate of GST was revised and the following GST Rates decisions were made. Sanitizers that aren’t based on alcohol will continue to be taxed at an 18 percent … Read more
About e Way Bill? Detailed E Waybill Rules & Generation Process When specific conditions are met, transporters must carry an E Way Bill when transferring goods from one location to another under GST. The following subjects are covered in this article: What is an eWay Bill? EWay Bill is an electronic way bill that can … Read more
GST Online Registration Guide Individual businesses with an annual turnover of more than Rs. 40 lakhs must register for GST. However, the turnover is Rs.10 lakh for businesses that are situated in North-Eastern states and hill states. All companies that are currently registered for central excise, service tax, or VAT must register under GST through … Read more
Complete Guide About GST Login Portal The official GST Login website of the government is www.gst.gov.in, also known as the GST Portal /GSTN portal. It helps taxpayers with a variety of services, including getting GST registration, applying for refunds, filing GST returns, and canceling their GST registration. The fact that the tax administration must rely … Read more