Information on GSTR 1, Late Fees for GSTR 1, and GSTR 1 Late Fee Waiver Extension Introduction  The government has reintroduced the GST Amnesty Scheme to grant relief to taxpayers who failed to file GSTR-3B for prior tax seasons. Get […]

New GST Rate Slab in India and Online GST Registration   Introduction The Goods and Services Tax (GST) is a unified tax system in India that replaced multiple indirect taxes. It is categorized into different types and applied at various rate […]

Good & Service tax is a one indirect tax which is levied on the supply of goods and services. It has replaced many indirect taxes that were existed in the Country. It is a Destination Based taxed that will be […]

What is GST Return 3B? GST Return-3B is a monthly self-declaration that has to be filed by a registered dealer. It is a simplified summary return and the purpose of the return is for taxpayers to declare their summary GST […]

With the Implementation of GST, the double-taxation and the multiple-taxation system has been rolled out.   Over a long course of time, GST will help reducing the inflation rates along with elimination the cascading effect of multiple taxes.   Retail […]

In a layman’s language, The GST (Goods and Service tax ) is a destination and consumption based tax, which subsumes majorly Service Tax, Excise, VAT, and other State laws into it. It is a tax which is levied on the Goods and Services […]

GST Law in India includes the provision regarding the suo-moto cancellation of the Registration under GST of any Entity, whereby the Adjudicating Officer suo-motto cancels the GST Registration of the Entities, who according to them, are registered erroneously or lacks […]

Understanding the Goods and Services Tax Identification Number Format (GSTIN) The Goods and Services Tax Identification Number (GSTIN) is a pivotal aspect of the GST regime in India. It is a 15-digit alphanumeric identifier assigned to businesses registered under the […]

GST has already rolled out from 1st July, 2017. We are witnessing a revolution in Indian economy and existing taxation system. Myriad speculations are running for the past  few months regarding the Goods and Service tax. (Cannot find legit reference, […]