The format of Annual Return as announced on the GSTR-9 form is an in-depth document wherein transactions associated with previous years should be reported. article discusses the annual return under GST Law. Table of Contents- What is the annual return for GSTR-9? Who should file GSTR-9, annual return? What details are required to complete GSTR-9?…

The GST is perhaps the largest tax-related change in India since gaining independence that brings uniformity to the tax structure and removes the payment of taxes levied in the past. The GST Council meets from time to time to review GST prices for various products. Several states and industries commended the deduction of GST tax…

Living in 21st century, everyone became very much comfortable and used to electronic mode of transaction.  Considering the rapid change and innovation made in the field of e-commerce mode of transaction the government has brought in new changes through GST to tax those negotiations which simultaneously happen across the portal 24*7 and for every transaction…

We are the world’s fastest-growing economy. India ranks the seventh number in the world for its economy. The most important factor that ensures the economic growth of a nation is trade that comprises imports and export. Hence, a nation to have a good economy should maintain its trade performance at domestic and international markets. After…

The concept of GST been on face for goods and service taxes since 2017 which is a new concept with new tax structure designed and are applicable on consumable goods and services. The collections of GST are based on the territory which further classified as CGST, SGST and IGST.  With varying GST payment there are…

Corporate sector is supposed to follow various laws applicable on them. It includes corporate laws as well as taxation laws. GST Act and Companies Act, 2013 both laws are applicable on companies. In this article we will discuss the topic of GST on CSR Expenses, where we need to understand the impact of the provisions…

All the taxpayers registered under GST Regime are required to file monthly/quarterly returns as per applicability. In addition to that they also need to file annual return in Form 9C. This return form was also accompanied by an audited reconciliation statement. However, with a view to simplify things and make compliances easier some amendments are…

GST regime has borrowed various concepts from erstwhile Service Tax. Composition Scheme is one such concept. Keeping in view the small traders this concept is reintroduced in GST as well. Composition Scheme allows small traders to be a part of the tax net. The compliances under Composition Levy Scheme in GST are quite simple. Today…

The provisions of taxation of Charitable and Religious Trust are similar to the provisions as were in the Service Tax. There are some activities by charitable trust which are non-taxable. Also there are some activities that are taxable. Today in this article we will discuss the topic of GST on charitable and religious trust. So…

Goods and Service Tax or GST is a major reform of the government in India. It was enforced in 2017 under 101st Constitution Amendment Act, 2016. GST is a comprehensive multi-stage taxation system applied on the sale of the goods and services in India. Before the implementation of the goods and service tax or GST…

Page 1 of 91 2 3 9

Copyright © 2021 Goyal Mangal & Company.