2. Petitioner is a proprietorship firm who runs a business under the name and style of ‘Shailendra Singh Petitioner deals with works contract. Petitioner is registered under the Central Goods and ...

GSTR-9C is a reconciliation statement between the annual returns filed in GSTR-9 and the audited annual financial statements ...

Notification no. 76/2020-Central Tax dated 15 th October 2020 prescribes the return filing due dates of Form GSTR-3B for different categories of taxpayers for the period October 2020 to March 2021.

Scenario 2: Taxpayer collected GST payments from recipients but delayed remittance for over three months In such a situation, it is advisable to voluntarily pay a 15% penalty along with applicable ...

The government has announced waiver of late fees for filing GSTR-9C for FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY ...

Restaurants can claim ITC on GST paid on business inputs (raw materials, rent, utilities, etc.) to offset GST payable on taxable supplies. An annual return provides comprehensive details of inward and ...

The increase in operational costs nowadays has made many businesses outsource various operations to save money. So, if you ...

What Ecommerce Businesses Need to Know About Goods and Services Tax (GST) Verified & Reviewed Published on January 27, 2025 ...

In an attempt to bring fiscal discipline and consolidation, the government has to cut the debt-GDP ratio by half by 2031. It ...