GST State Code List and Jurisdiction

By |2021-02-15T00:45:18-05:30February 11th, 2021|Categories: GST Law|Tags: , , |

GSTIN is a specific tax identification number that is issued to each dealer registered with GST. The GST State Code reflects the first two digits of GSTIN. Introduction When you move to GST registration or when you sign up for a new subscription, many businesses would have received a 15-digit temporary ID or GSTIN (Property Tax [...]

How to file Nil GST Return?

By |2020-03-16T02:38:50-05:30May 1st, 2019|Categories: GST Law, GST Return Filing|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Everyone with a GST Registration must file GST Return, whether there has been any turnover or not, during the month. In short, no Sale or Purchase has occurred, in a month, you, still, need to login to Government GST Portal and submit a NIL Return. So if you are thinking of why or how to file Nil GST Return Format, read [...]

GST Penalty, Offences, and Appeals The implementation of the Goods and Services Tax comes with rules and regulations. Non-compliance with the same could lead to the imposition of

By |2020-09-12T06:43:35-05:30January 23rd, 2019|Categories: GST Law|Tags: , , , , , , , , , , , |

Overview The implementation of the  GST tax regime has been a welcome change to the way taxes are levied on value addition for delivery of goods and services. In order to comply with the new taxation structure, a business has to register GST number also called GSTIN, file GST returns,  and maintain a high GST compliance rating. Non-Compliance [...]

GST Rules in India . Rules for GST released by CBEC A business neds to abide by the GST rules in order to maintain compliance with the new regimen/ taxation structure obn value addition in India.

By |2021-01-06T04:42:15-05:30January 19th, 2019|Categories: GST Law|Tags: , , , , , , |

GST: Introduction The Introduction of GST [Read for origins of GST] in India has brought comprehensive changes to the taxation system and how taxes are levied on value addition in the country. In order to pay taxes via GST, the taxpayer has to register GST, and file corresponding GST returns. Compliance with the new rules and regulations [...]

GST Refund Procedure: How to Claim GST refund? On the payment of GST, certain scenarios could arise where you are eligible for a refund of GST paid. Let's look at the procedure to claim this refund

By |2021-03-25T02:40:07-05:30January 7th, 2019|Categories: GST, GST Law|Tags: , , , , , , , , , , , , , , , , , , |

Introduction to GST Refund Predominantly, any taxpayer can become eligible for a refund on their GST payment if the tax paid is more than the GST liability . The process for GST refund is standardised and done online in order to avoid confusion .GST refund includes refund of tax on goods and/or services exported out of [...]

30th GST Council Meeting : Formation of GoM and State’s Revenue Discussion The 30th GST council meeting was held on 28th of September 2018, Friday via video conferencing. Main discussion were on formation of Group of Ministers and GST revenue situation in all the states

By |2018-10-10T08:08:07-05:30October 10th, 2018|Categories: GST Law, GST News|Tags: , , , , , , |

30th GST Council meeting came out with some positive and good steps to ease compliance of GST and also wrinkle out the hindrances in the implementation of GST. The 29th GST Council meeting focused on Digital Payments and Empowering MSME sector. In the 30th Meeting of the GST council, the council came out with two objectives [...]