All registered Taxpayers are required to file GST returns. The tax return forms known as GST returns should be filed by companies to the Income Tax authorities of India. The GST return is filed monthly, quarterly and annually, depending upon which GST return you are filing. In this blog let us study the different GST return to be filed by taxpayers.
Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder
Tax Compliance Tracker for the month of January 2023
You must be wondering why I said so. Undoubtedly, Tax collection is an indicator of economic activity in any country. But to have a deeper understanding of this, we first need to have a look on the DT collections of this year, and the estimated Budget Target that was set by the Honourable Finance Minister, Nirmala Sitharaman.
CMCPCI is a unit within the Indian tax authorities that is responsible for reviewing and processing online Income Tax Returns (ITRs). If you have filed your ITR online and have received an SMS notification with the CMCPCI source code, it indicates that your return is being processed by the CMCPCI.
The GST appeal process allows taxpayers to present their case to a higher authority, which can review the decision or order and issue a new decision or order.
NOTE ON CIRCULAR NO – 188 PROCEDURE FOR FILING REFUND CLAIM BY THE UNREGISTERED BUYER IN CASE OF GST PAID ON CANCELLED FLAT/BUILDING/SHOPS ETC FROM THE GOVERNMENT OR ON TERMINATION OF LONG-TERM INSURANCE POLICY
In this article, we will understand changes effected by above-mentioned Notification in GST Registration Procedure.
This article examines the share transfers for private limited companies.
GST evasion refers to the act of avoiding or attempting to avoid paying GST, either by not registering for GST or by not accurately reporting and paying GST on the supply of goods and services. GST evasion is considered a serious offense in India and can result in criminal prosecution, fines, and imprisonment.