Introduction Goods and Services Tax (GST) has transformed the Indian taxation system, bringing about a unified and transparent approach. However, with the implementation of GST comes the responsibility of complying with its intricate filing procedures. GST Return Audit and assessment is a crucial aspect that businesses must navigate to ensure compliance and avoid legal complications. In this blog, we will […]
Indeed, technology serves as a valuable tool within the GST framework, facilitating the automation of processes, data collection, and enhancing overall efficiency. Nevertheless, it is the human element that breathes life into the system. Below are essential aspects highlighting the imperatives for human knowledge involvement in the GST framework: Interpreting Complex Transactions In the landscape of GST, intricate business transactions […]
Key Factors to Consider for Smooth Compliance and Financial Efficiency As a business owner, navigating the complexities of Goods and Services Tax (GST) compliances juxtaposed with supply chain and business can be a daunting task. With ever-changing regulations and a constant need for accurate reporting, it’s crucial to have a reliable GST service provider with a deep understanding of GST […]
GST Calendar –Compliances for the month of June’2023 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) July 10, 2023 GSTR-8 (Tax Collected at Source ‘TCS’) July 10, 2023 GSTR-1 July 11, 2023 IFF- Invoice furnishing facility (Availing QRMP) July 13, 2023 GSTR-6 Input Service Distributor July 13, 2023 GSTR-2B (Auto Generated Statement) July 14, 2023 GSTR-3B July […]
Introduction The introduction of Goods and Services Tax (GST) has revolutionized the tax landscape for businesses globally. This all-encompassing and unified tax system, embraced by numerous countries, aims to simplify and streamline indirect taxation foster sustainable economic growth, and bolster tax compliance. However, navigating the intricate complexities of GST can be an overwhelming challenge for businesses, especially those unfamiliar with […]
GST Calendar –Compliances for the month of April 2023. Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) May 10, 2023 GSTR-8 (Tax Collected at Source ‘TCS’) May 10, 2023 GSTR-1 May 11, 2023 IFF- Invoice furnishing facility (Availing QRMP) May 13, 2023 GSTR-6 Input Service Distributor May 13, 2023 GSTR-2B (Auto Generated Statement) May 14, 2023 GSTR-3B […]
GST Calendar –Compliances for the month of October 2022. Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) November 10, 2022 GSTR-8 (Tax Collected at Source ‘TCS’) November 10, 2022 GSTR-1 November 11, 2022 IFF- Invoice furnishing facility (Availing QRMP) November 13, 2022 GSTR-6 Input Service Distributor November 13, 2022 GSTR-2B (Auto Generated Statement) November 14, 2022 GSTR-3B […]
GST Calendar –Compliances for the month of October 2022 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) October 10, 2022 GSTR-8 (Tax Collected at Source ‘TCS’) October 10, 2022 GSTR-1 October 11, 2022 IFF- Invoice furnishing facility (Availing QRMP) October 13, 2022 GSTR-6 Input Service Distributor October 13, 2022 GSTR-2B (Auto Generated Statement) October 14, 2022 GSTR-3B […]
Indirect Tax News Letter GST Calendar –Compliances for the month of August 2022 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) September 10, 2022 GSTR-8 (Tax Collected at Source ‘TCS’) September 10, 2022 GSTR-1 September 11, 2022 IFF- Invoice furnishing facility (Availing QRMP) September 13, 2022 GSTR-6 Input Service Distributor September 13, 2022 GSTR-2B (Auto Generated Statement) […]
GST Calendar –Compliances for the month of July 2022 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) August 10, 2022 GSTR-8 (Tax Collected at Source ‘TCS’) August 10, 2022 GSTR-1 August 11, 2022 IFF- Invoice furnishing facility (Availing QRMP) August 13, 2022 GSTR-6 Input Service Distributor August 13, 2022 GSTR-2B (Auto Generated Statement) August 14, 2022 GSTR-3B […]