Form GSTR-1 is a monthly/quarterly Statement of Outward Supplies to be furnished by all normal and casual registered taxpayers making outward supplies of goods ...

Dec 14, 2023 · Goods and services tax (GST). GST is an indirect tax, which is a transaction-based taxation regime, that has been in effect in India since 1 ...

Illustration II: Suppose, again hypothetically, that the rate of CGST is 10% and that of SGST is 10%. When an advertising company located in Mumbai supplies.

Dec 29, 2017 · No Action required in cash ledger. Company D, while filing their FORM GSTR - 3B for the month of July, inadvertently, misreported. Input tax ...

Nov 22, 2023 · I paid Rs. 1170 GST to the government from ITC with the Q1 GSTR3B assuming the client would pay. Now the invoice is 126 days overdue, and the ...

GSTR-1 (Point 9) – As banks are eligible to claim only 50% of Input credit consider excluding banks from reporting of exempt/ non-GST supplies in GSTR-1? Return ...

Feb 8, 2024 · GST/HST for businesses. Charge and remit (pay) the Goods and Services Tax (GST) and the Harmonized Sales Tax (HST).

Confirming a GST/HST... · Claim a GST/HST rebate · GST/HST in specific situations

Nov 14, 2023 · Vide Rule 37A of CGST Rules, 2017 the taxpayers have to reverse the ITC availed on such invoice or debit note, the details of which have been ...