What Is GST and How Does It Work – Detailed Guide With Infographics

GST Implementation in India and Its Impact GST is proposed to be implemented with effect from 1st Aril 2017. Implementation of Goods and Services Tax (GST) in India is one of the biggest reforms in the field of taxation. It is estimated that implementation of GST will boost the GDP by 1.5% to 2%. GST Read more about What Is GST and How Does It Work – Detailed Guide With Infographics[…]

GST Registration/Migration Process For Existing Taxpayers (Service Tax, Excise and VAT)

Enrolment Requirement For Existing Assessees : Why to Enroll on GST Portal All existing taxpayers registered under the Central Excise, Service Tax, State Sales Tax or Value Added Tax (VAT), Entry Tax, Luxury Tax and Entertainment Tax are required to provide their details at GST Common Portal (gst.gov.in) managed by GSTN for the purpose of Read more about GST Registration/Migration Process For Existing Taxpayers (Service Tax, Excise and VAT)[…]

GST Enrollment for Existing Taxpayer

GST For Service Providers – Transition From Service Tax to GST

The implementation process for Goods and Service Tax has been started and it is very important for all the businesses to understand the basics of GST. The initial move for every service provider is to know the transitional issues and take necessary action to ensure the¬†smooth transition to GST. In this post, we will cover Read more about GST For Service Providers – Transition From Service Tax to GST[…]

GST Transitional Provisions and Carry Forward

GST For Traders – Carry Forward of Input Tax Credit & Other Transitional Provisions

As the Goods and Services Tax (GST) is to be implemented from 1st April 2017, it is very important for all of us to understand the fundamentals of GST. For smooth transition of GST in your business, you must be aware of the transitional provisions related to GST. In this article, we will explain the Read more about GST For Traders – Carry Forward of Input Tax Credit & Other Transitional Provisions[…]

GST Returns : Types, Due Date, Forms and Salient Features [With Infographics]

GST Returns Filing Requirements For Regular Taxpayers [Infographics]   GST Return : Type of Return, Due Date, and Forms Return Due Date Form Outward Supplies   10th of next month   GSTR -1   Inward Supplies   15th of next month   GSTR-2   Summary return for all taxable persons except specified herein under   Read more about GST Returns : Types, Due Date, Forms and Salient Features [With Infographics][…]