QRMP Scheme: Everything to know under GST

By |2021-04-09T01:31:28-05:30April 9th, 2021|Categories: GST|Tags: , , , , , , , , , |

Under the Goods and Services Tax (GST), the Central Board of Indirect Taxes and Customs (CBIC) implemented the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme to assist small taxpayers with a turnover of less than Rs.5 crores. The QRMP scheme requires taxpayers to file GSTR-3B quarterly and pay tax on a monthly basis. [...]

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 [...]

GST Notices: Notice from GST Department

By |2021-02-15T00:01:14-05:30February 11th, 2021|Categories: GST, GST News|Tags: , |

Under the Goods and Services Tax (GST), the authorities shall communicate through GST notices to the taxpayers. There are different explanations why different types of notices are given, which every taxpayer should know. These reasons and types of GST notifications are discussed in this article, along with the way in which one may reply upon receipt [...]

15 Matters to keep in mind for GST in 2020

By |2021-02-10T04:37:58-05:30January 9th, 2020|Categories: GST, GST News, GST Registration|Tags: , , , , , , , , , , , , , , , , , |

Every new year comes with new hopes, desires, and responsibilities along with challenges. Introduction of Goods and Services Tax (GST) has been a big tax reform in India. From 2017-2019 it has been a great year for GST. Even in between the GST rate move down from 28% to 18% on 178 goods. Goods and Services [...]

Debit Note: A Way to revise Sales Invoice under GST

By |2020-03-16T03:01:06-05:30April 11th, 2019|Categories: GST, GST invoice|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Debit Note and Credit Note come into the picture whenever some error has been committed during a financial transaction. The mistake can be simple human or due to some mechanical fault. To neutralize the effect of this fault on the invoices, a Debit Note or a Credit Note may be issued. These documents are recognized and [...]

10 ways to contact GST Helpline

By |2019-04-02T05:49:32-05:30April 2nd, 2019|Categories: GST|Tags: , , , , , , , , , , , , , , , , , , , |

Nowadays that people and taxpayers have a question linked to the New tax system that is GST.GST is a good and service tax that is essential for selling goods for domestic consumption. So forgiving solutions to the questions the government has created GST Helpline with an expert team of executives who will guide millions of taxpayers.T [...]