Category: GST

Process to identify fake GST bill. First step: first of all go and visit this site government GST portal

Finance Minister Nirmala Sitharaman gave important information in a press conference after the 40th meeting of the GST Council. She said that […]

What are the HSN codes and GST rates for Lac or shellac bangles and kulfi and solar panel mounting structures? 1.HSN code […]

#What are the principals and agents in GST? In the GST Act, there is a rule to pay GST tax on the […]

To levy GST on any goods or services in the GST system, it is first seen whether the goods or services are supplied. Whether in the composite and mixed supply of goods and services are being supplied then the GST holder not faces any problem. All the information is described in the article.

The tax benefit can be claimed under Section 80C and 80D of the Income Tax Act on the premiums deposited for life and medical insurance policies. Same as it GST is applicable and paid on insurance policies here the knowledge of GST rates and tax benefits on insurance policies clears all the doubts.

At the time of filing return the supplier falls and forgets to submit some invoices and that’s why they charge some interest on that if not file in the given period it is described here about the clear concept of missing invoice in new GST return system.

The CBIC Central Indirect Tax Board has recently introduced the GST PMT-09 form to shift incorrectly paid taxes. Which enables taxpayers to view and file the form GST PMT-09 and download the form from the portal.

The utilization of Input Tax Credit ITC/cash for payment of demand is about the payment of non-return related liabilities in GST.

The Goods and Services Tax Network (GSTN) has provided a new facility on the GST portal, which will provide great relief to taxpayers. This facility will be beneficial for taxpayers, especially at a time when taxpayers are struggling with cash problems due to the Covid-19 crisis.