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Taxation & GST Compliance articles

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Recent Challenges and Issues with GST
Taxation & GST Compliance

Recent Challenges and Issues with GST

The Goods & Services Tax was introduced to streamline the tax system in India. In this article, the author examines certain challenges with GST.

Ishita Ramani Ishita Ramani Jul 24 · 7 min
GST Exemptions List: Latest Details
Taxation & GST Compliance

GST Exemptions List: Latest Details

Taxability includes knowing if a good or service is exempt from GST registration. GST exemption limits for businesses depend on their annual turnover.

Vakilsearch Staff Vakilsearch Staff Dec 19 · 5 min
India’s new GST on Sugar, Chocolate and Spices
Taxation & GST Compliance

India’s new GST on Sugar, Chocolate and Spices

India has recently announced new GST rates on sugar, chocolate, and spices. Here's what buyers and sellers should know.

Vakilsearch Staff Vakilsearch Staff Aug 30 · 6 min
GST Rates 2022 – List of Latest Goods and Service Tax Rates Slabs
Taxation & GST Compliance

GST Rates 2022 – List of Latest Goods and Service Tax Rates Slabs

Read this article to understand what the GST rate is and how it has changed over time.

Vakilsearch Staff Vakilsearch Staff May 13 · 6 min
GST changes applicable from 1 January 2022
Taxation & GST Compliance

GST changes applicable from 1 January 2022

In the year 2022, the Goods & Services Tax (GST) will undergo some significant changes.

GlobalLinker Staff GlobalLinker Staff Dec 31 · 3 min
Recommendations of 45th GST Council Meeting: GST rates revised for several items
Taxation & GST Compliance

Recommendations of 45th GST Council Meeting: GST rates revised for several items

Following the 45th GST Council Meet on 17 September, in Lucknow, a number of goods and commodities saw a revision of GST rates.

GlobalLinker Staff GlobalLinker Staff Sep 20 · 15 min
GST Business Loan
Taxation & GST Compliance

GST Business Loan

Examining how GST business loans work, why they are important, and how businesses can obtain them.

Vakilsearch Staff Vakilsearch Staff Jun 29 · 6 min
GST rules changing from 1 Jan 2021
Taxation & GST Compliance

GST rules changing from 1 Jan 2021

Know the changes in GST from Jan 2021 applicable to SME business owners.

Vakilsearch Staff Vakilsearch Staff Dec 29 · 3 min
What documents do you need for GST registration?
Taxation & GST Compliance

What documents do you need for GST registration?

Detailed guide for GST registration, and its benefits.

Vakilsearch Staff Vakilsearch Staff Nov 05 · 6 min
Comparing GST and VAT
Taxation & GST Compliance

Comparing GST and VAT

A look at the differences between GST and VAT, the benefits of GST, and how GST has transformed the process of taxation.

Vakilsearch Staff Vakilsearch Staff Sep 18 · 9 min
How to register for GST online?
Taxation & GST Compliance

How to register for GST online?

Vakilsearch explains the Goods and Service Tax (GST) and how to register for it online.

Vakilsearch Staff Vakilsearch Staff Aug 07 · 6 min
All you need to know about GST: Benefits, registration, documentation
Taxation & GST Compliance

All you need to know about GST: Benefits, registration, documentation

Learn what is GST, the benefits, documents required and get answers to all your questions about GST.

Shiv Rai Shiv Rai Aug 05 · 8 min
Is it necessary to register a company to get a GSTIN number?
Taxation & GST Compliance

Is it necessary to register a company to get a GSTIN number?

Vakilsearch explains how to get your company's GSTIN number, and it's compliances.

Vakilsearch Staff Vakilsearch Staff Aug 03 · 6 min
Clarification on GST refund related issues
Taxation & GST Compliance

Clarification on GST refund related issues

Presenting clarifications by the Central Board of Indirect Taxes & Customs on GST refund related issues.

Federation of Indian Export Organisations Federation of Indian Export Organisations Apr 02 · 13 min
Penalties, late fees and interest under GST: An overview
Taxation & GST Compliance

Penalties, late fees and interest under GST: An overview

Examining the penalties for tax evasion, corruption and late fee under GST.

Sanjeev Singhal Sanjeev Singhal Feb 12 · 16 min
How to apply for GST refund on GST portal
Taxation & GST Compliance

How to apply for GST refund on GST portal

Examining the conditions for claiming GST refund, relevant time to claim refund and the procedure to claim refund.

Vakilsearch Staff Vakilsearch Staff Dec 20 · 7 min
Due date for GSTR 3B for the month of October 2019
Taxation & GST Compliance

Due date for GSTR 3B for the month of October 2019

Due date for filing of form GSTR 3B for the month of October is 20th November 2019.

Ravi Kariya Ravi Kariya Nov 18 · 2 min
New GST filing system will bring Diwali cheer for MSMEs
Taxation & GST Compliance

New GST filing system will bring Diwali cheer for MSMEs

MSMEs will have multiple filing options under the new GST returns filing system.

GlobalLinker Staff GlobalLinker Staff Sep 10 · 4 min
How to change GST registration details of a business?
Taxation & GST Compliance

How to change GST registration details of a business?

The process to change online the GST registration details of a business explained.

Vakilsearch Staff Vakilsearch Staff Sep 06 · 6 min
Last date to file GST annual returns extended to 30 November
Taxation & GST Compliance

Last date to file GST annual returns extended to 30 November

The GST annual returns last filing date has been extended by further three months. Read to know more.

GlobalLinker Staff GlobalLinker Staff Aug 27 · 2 min
11 new features of GSTN that you need to know in 2019
Taxation & GST Compliance

11 new features of GSTN that you need to know in 2019

A look at some of the recent updates which have been on the GST portal.

Vakilsearch Staff Vakilsearch Staff Jul 12 · 6 min
Should GST be paid by co-operative housing societies for maintenance activities?
Taxation & GST Compliance

Should GST be paid by co-operative housing societies for maintenance activities?

A housing society is just like a club, which is composed of its members. So, should GST be paid by them even for maintenance?

ASHOKKUMAR BANSAL ASHOKKUMAR BANSAL Jun 30 · 8 min
No e-way bill if GST returns for 2 months are not filed
Taxation & GST Compliance

No e-way bill if GST returns for 2 months are not filed

Businesses will have to file timely GST returns by 20th of every month failing which they wouldn’t be allowed to generate an e-way bill.

Vikash Khannah Vikash Khannah Jun 17 · 7 min
CBIC allows businesses to revoke their cancelled GST registrations by 22 July 2019
Taxation & GST Compliance

CBIC allows businesses to revoke their cancelled GST registrations by 22 July 2019

The CBIC has cancelled several applications owing to non-compliance and non-filing of returns. Read to know more.

Vikash Khannah Vikash Khannah May 31 · 5 min
GST annual return and audit related considerations
Taxation & GST Compliance

GST annual return and audit related considerations

Chartered Accountant from Mohit Mundhra & Co shares considerations for filing GST annual return and while conducting audit.

Mohit Mundhra Mohit Mundhra Mar 16 · 3 min
GST Council announces tax cuts in real estate
Taxation & GST Compliance

GST Council announces tax cuts in real estate

From 1 April 2019, the GST on under-construction housing will be reduced to 5% and affordable housing to 1%.

GlobalLinker Staff GlobalLinker Staff Feb 25 · 3 min
GSTR-7 deadline extended: Everything you need to know
Taxation & GST Compliance

GSTR-7 deadline extended: Everything you need to know

Mudit G explains GSTR-7 and the further extension in its due date.

Mudit G Mudit G Feb 15 · 5 min
All about GSTR-3B return filing
Taxation & GST Compliance

All about GSTR-3B return filing

Ravi Kariya answers some frequently asked questions related to GSTR-3B return filing.

Ravi Kariya Ravi Kariya Nov 03 · 2 min
Government introduces scheme to waive late fee for GSTR-1
Taxation & GST Compliance

Government introduces scheme to waive late fee for GSTR-1

Government extends GSTR-1 filing date till 31 October 2018 and announces late-fee waiver.

Ravi Kariya Ravi Kariya Oct 23 · 2 min
28% tax under GST would be 'virtually a hollow shell': Outgoing CEA Arvind Subramanian
Taxation & GST Compliance

28% tax under GST would be 'virtually a hollow shell': Outgoing CEA Arvind Subramanian

Outgoing Chief Economic Adviser Arvind Subramanian exuded confidence that GST changes would mean a further reduction of items in the 28% tax bracket.

GlobalLinker Staff GlobalLinker Staff Jul 27 · 2 min
28th GST Council Meet Highlights: Simplified return filing, rate cuts for consumer goods
Taxation & GST Compliance

28th GST Council Meet Highlights: Simplified return filing, rate cuts for consumer goods

The GST Council met on July 21, 2018 and made rate cuts for several consumer goods and revised tax filing norms that will impact SMEs.

GlobalLinker Staff GlobalLinker Staff Jul 23 · 4 min