Every registered taxable person [other than an input service distributor, a nonresident taxable person, person covered under composition scheme, TDS or TCS] shall furnish, electronically, in FORM GSTR – 1.
As per the GST law, there are various returns to be filed. So we have analyzed the basic provision about the GST return and prepared a very useful summary for you. Let us have a look on the due dates and by whom the GST returns are to be filed.
Every law has a procedural part and returns are considered above of all. An unambiguous and clear procedure helps the government to implement the act smoothly. Further, an efficient system of compliance helps government of establish ease in doing business
The charging section itself states that the tax will shall only be paid by the taxable person, hence, if any person is not covered under this section, then he shall not be liable to pay tax. Therefore, it is very imperative to understand and apply this co
We all had witnessed the political drama over every piece of GST constitutional amendment bill over the years. Government was very keen to get it passed in both the houses, while the opposition is taking the guard to prevent it from getting the nod.