Goods and Service Tax

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HSN Code for Lead and articles

Reading Time: < 1 minute Due dates for GSTR-3B, Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 11th Nov., 2020, has added sub rule (6) to Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from
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Auto populated Form GSTR-3B

Reading Time: 2 minutes Auto-populated Form GSTR 3B, Now you can download Auto populated Form GSTR 3B in PDF format as GSTN has introduced Auto populated Form GSTR 3B (PDF) for the taxpayers, from the month of October 2020 onwards GSTN has earlier introduced Form GSTR-2B, a static statement with details of ITC available for a tax period, for
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blocking of GSTR-1 filing

Reading Time: 2 minutes CMP-08 through SMS, A Composition taxpayer may now file NIL statement in Form GST CMP-08 for a quarter, through an SMS, apart from filing it through online mode, on GST Portal. To file NIL Form GST CMP-08 through SMS, the taxpayer must fulfil following conditions: Taxpayer must be registered as composition taxable person (by filing
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Hand Tools & Cutlery HSN

Reading Time: 2 minutes GST Annual Return 2018-19 , CBIC has issued a press release regarding clarification on Annual Return (GSTR-9) and Reconciliation Statement (GSTR 9C) for FY 2018-19 GST Annual Return 2018-19 stating that the taxpayers are required to report only the values pertaining to Financial Year 2018-19, 2017-18 Vide notification No. 69/2020 – Central Tax, dated 30.09.2020,
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GST Council Meet

Reading Time: 3 minutes GST Council Meet, The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of
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blocking of GSTR-1 filing

Reading Time: 2 minutes Matching Offline Tool, Using Matching Offline Tool to compare ITC auto drafted in Form GSTR-2B with Purchase Register An offline tool has been made available to the taxpayers to match Input Tax Credit (ITC), as auto populated in their Form GSTR-2B, with their purchase register. This tool will help the taxpayer to compare their ITC
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Delinking of Credit Note

Reading Time: 2 minutes Delinking of Credit Note, The De-linking of original invoices and credit and debit notes has been implemented on the common portal. This amended was made vide CGST amendment Act, 2018 w.e.f Feb 01, 2019. However, the same is incorporated on September 14, 2020, on the portal. Till now, original invoice number was mandatorily required to
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GST-n-You Creative Contest

Reading Time: 2 minutes GST-n-You Creative Contest,  Goods and Services Tax Network invites creative entries in form of videos (animation, tutorials, short-films etc.) of 30-120 seconds or static graphics on the various recent initiatives and reforms on GST, like following List:- GST – One nation, one tax, one market, GST and reduced taxes on MSMEs, GST and automated compliance,
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