GST CMP 8 : Tax Payment for self Assessed Tax What is GST CMP 08 Form : CMP 8 forms is for Tax payment self Assessed Tax for Composition Scheme Dealer and for taxpayer who opt 6% GST Scheme . Download PDF Format of GST CMP 8 is given in point 1.1 below Commentary on… Read More »
1st Edition of GST Council Secretariat’s Newsletter May 2019 Download 1st Edition of GST Council Secretariat’s Newsletter Click here ICAI GST E Newsletter issued till date ICSI GST Newsletters Download TaxHeal Mobile App
GST Revenue collection for April, 2019 recorded highest collection since GST implementation Posted On: 01 MAY 2019 3:09PM by PIB Delhi The total gross GST revenue collected in the month of April, 2019 is Rs 1,13,865 crore of which CGST is Rs 21,163 crore, SGST is Rs 28,801 crore, IGST is Rs 54,733 crore(including Rs 23,289 crore collected on imports) and Cess is Rs 9,168 crore (including Rs 1,053 crore collected… Read More »
Following illustrations can be considered for having the reconciliation differences to be reported in Sl. No.8 of FORM GSTR-9C a) Zero-rated supply made by the registered person during the previous year. However, conditions relevant for the supply has not been complied by the registered person, can be construed to be a regular supply. b) Transaction… Read More »
Services Accounting Code Introduction Under GST regime the classification of goods and services have been done depending upon the various groups formed broadly covered as HSN code and SAC code 1. What is SAC? Service Accounting Code is similar to the International HSN codes adopted by other countries across world. Similarly in GST the applicability… Read More »
Income Tax Department to share ITR data with GSTN F. No. 225/105/2019/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 30th April, 2019 In exercise of powers conferred under section 138(1)(a) of the Income tax Act , 1961 (‘Act’), for purposes of sub-clause (i) of section… Read More »