Tag: Guide to GST

GST Software
Updated on November 12th, 2018 in GST

Cancellation of Registration of Migrated Taxpayer

The most awaited service “Cancellation of Registration of Migrated Taxpayer” has started on the GST Portal. A migrated taxpayer refers to taxpayers registered under Excise, Service Tax and State Tax Laws such as VAT, Entry Tax, Luxury Tax and Entertainment Tax whose details have been migrated to the GST System. Taxpayers who have not issued…

Updated on January 8th, 2019 in Composition Scheme

Composition Scheme May Stretch to Inter-State Businesses

The five member GoM [Group of Ministers], led by the Assam Finance Minister, Mr. Himanta Biswa Sarma, who have been tasked to fine tune and make the composition scheme more lucrative and easy to adopt is meeting on 29th October’17 with the industry reps to deeply discuss about the composition scheme, tax slabs for the…

Updated on February 18th, 2019 in GST Return

Step by step guide on how to file NIL GSTR 1

Here are the steps to file NIL GSTR-1. After login with username and password, select Return Dashboard. Select Financial Year 2017-18 and suitable return filing period i.e. July. Click Search and Select GSTR-1. In case we will file the NIL GST Return without feeding any data and submitting it directly then it will show system…

Updated on January 8th, 2019 in Composition Scheme

Composition Scheme Rediscussed by GOM

It’s been just over a week since the last GST Council meeting [October 7th], chaired by the finance minister, Sh. Arun Jaitley, formed a special group of ministers [GoM] especially for overseeing, fine-tuning and making the composition scheme more befitting and benefiting for the SMB, start-ups and  the business community at large. The high level…