GST Return: GST-registered businesses will soon get pre-filled GST Return form, GSTR-3B, Goods and Service Tax Network (GSTN) Chief Executive Officer Prakash Kumar said on Monday. “We are moving towards providing taxpayers with a pre-filled GSTR-3B form so that they can pay their taxes at ease. To start with, an option to edit the form […]
MINISTRY OF FINANCE (Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)Notification No. 59/2020–Central Tax New Delhi, the 13th July, 2020 G.S.R. 443(E).—In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following […]
GST Return Filing: Keeping in view the preventive measures taken to contain the spread of Novel Coronavirus (COVID-19) and the difficulties being faced by the GST taxpayer, Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes & Customs, has extended the due date for Filing GST Returns. The GST Return calendar for June […]
Anybody can maintain proper records of details required for filing GST returns, if they sort out the simplified elements required for GST. This article deals with how to maintain books for proper filing of GST Returns. For almost all persons registered under Goods and Service Tax financial statements include two major aspects i.e Profit or […]