GST Compliance Archives

How To Opt-In For Composition Scheme For The Financial Year 2021-22?

April 1, 2021Updated on May 15, 2021 by Masters India

Regular GST registered Taxpayers who don’t want to avail ITC facility and who have an aggregate annual domestic PAN-based turnover as per the following limits can opt for the Composition Levy under GST: Up to INR 1.5 Crores (in the previous FY), Up to INR 75 lakhs (in the previous FY) for Taxpayers who are … Read moreHow To Opt-In For Composition Scheme For The Financial Year 2021-22?

GST Compliance Calendar 2021

January 5, 2021Updated on July 5, 2021 by Masters India

The Central Board of Indirect Taxes and Customs has revised a few due dates in the previous year (2020). Taxpayers should file their returns/forms before or on the prescribed date to avoid late fees, penalty, interest or blocking of filing facilities. Masters India’s handy ‘GST Compliance Calendar’ will help you stay prepared well in advance. … Read moreGST Compliance Calendar 2021