04
Feb
A brief overview of the procedures and deadlines for filing GST returns in India
Here is a brief overview of the procedures and deadlines for filing GST returns in India:Registration: Businesses with a turnover of over Rs.20 lakhs for service providers and Rs. 40 lakhs for goods trading (10 lakhs for special category states) are required to register for GST.Filing GSTR-1: This return must…
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Feb
GST reforms proposed by Union Budget 2023
GST reforms proposed by Union Budget 20231. Amazon, Flipkart etc. Suppliers supplying goods through electronic commerce can opt for a composition levy.2. In case of non-payment by the seller within 180 days from the date of his bill, interest shall be payable on the ITC availed at the rate mentioned…
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