Form GSTR 3B: Return Formats, Filing Process, Due Dates

By |2018-05-25T13:09:40-05:30September 29th, 2017|Categories: GST|Tags: , , , , , |

Introduction The 17th GST Council meeting held on 18th June 2017, provided a relief to the nation. The council decided to extend the deadline for invoice‐wise return filing in Form GSTR 1 and Form GSTR 2 for the first 2 months after listening to the problems faced by both the buyers and the suppliers. Therefore, for [...]

Non-Resident Taxpayer under GST

By |2018-05-24T07:29:57-05:30September 29th, 2017|Categories: GST|Tags: , , , |

Non-Resident Taxpayer (special cases under GST Registration) are those suppliers of goods or services or both, who have come for a short period to make supplies in India without having any business establishments here. They import products to make local supplies. Therefore, they will be allowed to avail Input Tax Credit only on IGST paid on [...]

Prepare GST Invoice

By |2020-03-16T02:48:01-05:30August 23rd, 2017|Categories: GST|Tags: , , , , , , , , |

Introduction GST Invoice is required to be issued as it is a document evidencing supply of goods and services which become the basis for a charge of tax. Invoicing forms a crucial function when it comes to the purpose of execution of a transaction. On every sale/purchase, an invoice is issued by the supplier i.e. the person [...]