Tag Archives: GST in India

GSTR 4 LATE FEES FOR NOT FILING FY 2023- 24 GSTR4 RETURN I COMPOSITION TRADERS

By | May 1, 2024

GSTR 4 LATE FEES FOR NOT FILING FY 2023- 24 GSTR4 RETURN I COMPOSITION TRADERS The late fees for not filing GSTR-4 for FY 2023-24 are as follows: A maximum of Rs. 2,000 if your business is not eligible for the nil return filing benefit. This penalty is a combined maximum for CGST and SGST… Read More »

Definition of GST – Good and Service Tax -India

By | January 7, 2017

Definition of GST- Good and Service Tax Definition of GST -Goods and Service Tax – as defined in Article 366 (12A) of Constitution of India to mean “any tax on supply of goods or services or both except taxes on supply of the alcoholic liquor for human consumption‟. Definition of Goods under GST In terms of Section… Read More »