Home » Posts tagged "GSTR-4"

Will Composition dealer have to pay GST on advance receipts?

Today, we will understand the scenario of GST on advance received by a Composition Dealer. Provision under Section 10 of the CGST Act, cover a composition dealer which says that: Section 10 (1) Notwithstanding anything to the contrary contained in this Act but subject to...

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Clarification on filing of form GSTR-4 : Composition Dealer

Clarification on the manner of filing the Quarterly Return by Composition Dealers in FORM GSTR-4 Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In particular, there is a doubt with respect to the instruction at Sl....

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Composition Levy Scheme and Small GST Taxpayers

An Important notification issued by Govt. notification no. 1/2018, it is related with Composition Levy Scheme. This notification came on January 1st, 2018, by virtue of this notification the tax liability for manufacturer under the composition levy scheme, reduced from 2% to 1%, i.e.,1/2% each...

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CBEC Notifies New Dates of filing GSTR-1

Today, CBEC notifies new updates regarding an extension of due date of filing GSTR-1, Maximum limit of Late fees for filing GSTR-4 and appoints date from which E-way Bill rules shall come into force. 1.GSTR-1 (Turnover up to 1.50 Cr): Central Government, on the recommendations...

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New Developments from GSTN (Goods and Services Tax Network)

GSTN ( The Goods and Services Tax Network ), went live on November 8, 2016 last year, has over the year improvised the system to help lakhs of businesses to pay taxes and file returns under the new GST era every month. GSTN launches new...

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Snippet of 23rd meeting of GST Council at Guwahati

GST Council

  Great relief to taxpayer given by GSTC in 23rd meeting of GST Council held at Guwahati, Assam on 10th November 2017. Relaxation given in filing of GSTR by extending due dates as well reduced late fee amount, also out of 227 items in 28% GST...

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