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  • GST Filing & Reconciliation
  • E-Way Bill Automation
  • GSTIN Search & E-Way Bill APIs

COVID-19 Impact on Income Tax Return and GST Return Filing

In the midst of the total shutdown in nearly the whole nation as a careful step against the COVID-19 (Novel Coronavirus) infection, the Union Finance Minister of India Mrs. Nirmala Sitharaman had declared different measures on 24th March 2020 to battle the economic slowdown in India. Different reliefs in compliance and filing extension set forth … Read moreCOVID-19 Impact on Income Tax Return and GST Return Filing

New GST Return Forms

The CBIC along with GST Portal has introduced the proposed GSTR forms. If the news has to be believed the new GST Return Form will come into effect from 2nd quarter of F.Y. 2019-20. Table of Contents What are the different types of GST Returns? What is the process of switching New GST Returns? New … Read moreNew GST Return Forms

GSTR-5: Return Filing, Format, Eligibility & Rules

Before starting off with the article it is important for you to know what GSTR-5 is. GSTR-5 is a type of GST Return that has to be filed by every registered NRTP (Non-resident taxable person. So this takes us to our next question that is who Non-resident taxable person is: Who is a Non-Resident taxable … Read moreGSTR-5: Return Filing, Format, Eligibility & Rules

How to Calculate GST?

For any taxpayer calculating GST payable for the GST Return filing is not less than a rocket science. The taxpayer has to take everything into consideration while calculating GST such as inter and intrastate supplies, exempted supplies and reverse charge including eligibility of the ITC. Because if a taxpayer pay-off less amount of GST payable … Read moreHow to Calculate GST?

Guide for Filing the GST Form TRAN-2

TRAN 2 can now be filed on the GST Portal only if TRAN-1 and GSTR 3B of the relevant tax period is filed. Follow the Step by Step Guide for Filing Form GST TRAN 2 Form: Step 1- Navigate to the TRAN 2 page of the desired tax period after logging in, Select the < Financial … Read moreGuide for Filing the GST Form TRAN-2

Introduction to GST Returns

Pre 1st July 2017, a manufacturer, trader, retailer or any other business was filing returns for various compliance’s – Excise, VAT, Service Tax, Sales Tax, and Income Tax etc. with individual returns for each of them. A continuous process of filing returns – monthly, quarterly, half-yearly and yearly existed and businesses were apparently occupied throughout the … Read moreIntroduction to GST Returns