GST
How can I declare claim under Section 18 (1) (a) of ITC in Form GST ITC-01? To declare and file claim of ITC under Section 18 (1) (a) in Form ITC-01, perform the following steps: Login and Navigate to ITC-01 page Declaration for claim of input tax credit under sub-section...
How can I file details in "TDS and TCS Credit Received" form? To file details in "TDS and TCS Credit Received" form, perform following steps: Login and Navigate to "TDS and TCS Credit Received" form Enter details in various tiles (reject/accept action only) Preview details in "TDS and TCS Credit...
I have received an email message as well as a SMS stating - “Please visit your Credit Ledger to see the amount of credit blocked for utilization by the jurisdictional tax officer.” What does this message indicate? Your Jurisdictional Tax Officer has blocked some ITC amount available in your Electronic...
The article discusses on Comparison of Liability Declared and ITC Claimed. How can I compare liability declared in Form GSTR-3B and Form GSTR-1 with ITC claimed in Form GSTR-3B and as accrued in Form GSTR-2A/GSTR-2B? The tax liability and ITC statement is a comparison report which is made available to the...
The article discusses FAQs on Comparison of Liability Declared and ITC Claimed. What is the GST Tax Liabilities and ITC Report? The GST Tax Liabilities and ITC Comparison report compares the taxpayer's declared liability to the ITC claimed. You can view month-by-month tax liabilities and ITC comparisons using the Tax Liabilities...
The article discussed FAQ Utilizing Electronic Cash and Input Tax Credit (ITC). I was trying to make payment of the tax and was trying to offset my liability from the Electronic Cash Ledger; however I faced error. On what basis can I utilize the balance in Electronic Cash ledger? The utilization...
The article discusses FAQ Applying for GST Registration on the MCA website portal, faq incorporation FAQ Can I apply for GST registration at the same time as my company's incorporation on the MCA Portal? Yes, one may apply for GST registration at the same time as you register for a company's incorporation...
The business climate in India is in a state of flux. Regulatory reforms are having an impact across industries even as it has never been easier to get the best business financing before. July 2017 saw a significant shift in how the country taxed goods and services as the Goods...
The GST ARN code is an Application Reference Number. The GST Portal automatically generates a GST ARN number upon submission of a GST registration application. The GST ARN number can then be used to track the status of the GST registration application until the Government issues the GST Certificate...
Articles discuss on Amendment of GST Registration in core / non-core fields. Amendment of Core Fields Changes in Core Fields The Tax Officials must approve any changes to the Core fields. The following are some of the most important fields: Any modification in the legal or trade name of a firm that...
