GSTR 9 and 9C – GST Annual Return and Reconciliation I. Introduction Annual Return in FORM GSTR-9 and Reconciliation Statement in FORM GSTR-9C requires a registered person to disclose the Financial Year for which the said Forms are being filed. The concept of Financial Year although integral to Goods and Services Tax has not been […]
Category Archives: Goods and services Tax
Goods and services Tax
Goods and services Tax is applied by Indian government as one nation one tax
“GST” Was Apply by the Government to benefited to Business Man.
Before Implementation of GST Various Indirect taxes like service tax,Sales tax,and Excise duty was applicable in india .
In Above all indirect tax cenvat credits i.e. input tax credits on purchase/services received was adjusting with outward sales and outward services given .
For smooth running of this system the Indian Government also implemented this by discontinue of above mentioned tax,
In This Section we try to clarify regarding GST Refunds,GST Returns,GST Circulars,GST Notifications,GST Forms.
How to Reconciliation GST data? Matching the data filed by the supplier with the recipients and recording all the transactions that have taken place during that period is Reconciliation GST . This Reconciliation process ensures that no sales or purchases are being left or mistakenly shown in the GST returns.
Challenges ahead for filling up GSTR form 9 The government has also notified in its notification 39/2018 dated 4th Sept 2018 the Form GSTR-9 and 9A for the filing of Annual Return.
GST Annual Return filing date extends to March 31, 2019 The the government has announced an extension by three months till March 31, 2019. as the deadline of December 31, 2018, to file GST Annual Return.
Conducting GST Audit – Checklist GST registration certificate, verification of invoice prepared under GST law, input tax credit availed as per GST law and job work transaction, to be taken care of while conducting the GST Audit .
Maharashtra VAT Audit Issues – April 2017 to June 2017 Taxpayers have to comply with both the VAT Audit and GST Audit for the year 2017-18, But which form is applicable for VAT audit?
GST Annual Return – FAQ’s This year GST Annual Return will have to be filed. So, tell me to whom, when and how it is to be filed. Explain me in detail. As per section 44 of CGST Act, every person registered under GST (except Input Service Distributor) will have to file GST Annual Return.