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.
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.
Converting company to LLP is a transfer,hence taxable, rules I-T Appellate Tribunal A new tax ruling of Converting company to LLP threatens to challenge a strategy that allowed thousands of businesses and professionals to reorganize themselves and attract foreign investors. This involved converting closely held companies into limited liability partnerships (LLPs) — a structure that […]
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?