GST ITC 04 is a form used by GST registered taxpayers to file quarterly returns to claim Input Tax Credit (ITC). With the help of this form, the details of the inputs or the goods sent to the job worker and received from the job worker are recorded. Here, the quantity and description of goods … Read moreWhat is GST ITC 04 Form?
Letter of Undertaking or LUT is an undertaking submitted by an exporter of goods or services. It allows the exporter to export goods or services without payment of IGST, given that he completes the process of export of goods or services within the prescribed time limit. In this article, you will understand: What Is LUT … Read moreLUT Under GST
Corporate taxation is an important source of revenue for the Government. A balance between making the compliance process agile and being as comprehensive as possible is necessary for efficient tax collection. In this article, we are going to explore the income tax return applicable to corporate assessees. Applicability Of ITR-6 Contents of the ITR-6 Applicability … Read moreITR – 6
Under GST, e-Way Bills (EWB) are mandatory for facilitating the interstate or intra-state movement of goods when the value of the goods exceeds INR 50,000. These goods can be transported through road, air, water or rail. In this article, we will specifically discuss the EWB requirements when goods are transported through airways. Points To Be … Read moreE-Way Bill For Transportation Of Goods By Airways
Under GST, an e-Way bill (EWB) is an electronic document that is required to be carried by the person in charge of the conveyance transporting any consignment of goods of value exceeding INR 50,000 (single Invoice/bill/delivery challan). A taxpayer or a transporter* who causes the movement of goods of a consignment can generate the EWB … Read moreE-Way Bill For Transportation Of Goods By Railways
GSTR-4A is an auto-drafted tax form related to purchases, for composition dealers. The details in this are auto-populated from the information provided/filed by suppliers against the GSTIN of the composition dealer. In this article, you will find: What Is GSTR-4A? Who Is A Composition Dealer? Source Of Information For GSTR-4A Contents Of GSTR-4A How To … Read moreGSTR-4A
What Is E-Way Bill? E-Way Bill (EWB) is an electronic document generated on the EWB portal to facilitate the movement of goods valuing more than INR 50,000. The e-way bills have to be generated before the commencement of transportation of goods and are valid only for one day if the distance to be travelled less … Read moreE-Way Bills And RFID
The CGST Act, 2017 requires certain taxpayers to file annual returns. The annual return contains details regarding purchases and sales made during the year along with other information about CGST, SGST and IGST. There are different types of annual returns as per Rule 80 of CGST Rules 2017, namely; GSTR-9, GSTR-9A, GSTR-9B and GSTR-9C. In … Read moreGSTR-9B