Goods and Services Tax on income earned by Bloggers As already discussed in previous article (GST Applicability of income Received from Google Adsense) YouTubers or bloggers don’t need to register themselves if their aggregate turnover is less than the prescribed limit which is 20 lacs for normal state and 10 lacs for special category states […]
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.
GST Applicability of income Received from Google Adsense After implementation of GST, there are still many areas which are not clear. out of them, one is the income earned by a YouTuber. With data costs so cheaper and the emergence of the 4G network, it has become much easier for the people to make and […]
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 […]
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.