Category Archives: GST

Suggestions for Improvement under GST

With the implementation of GST, India took a step towards unified common national market. It aims to bring in increased efficiency and compliance and also boost government’s ‘ease of doing business’ initiative. However, being a new, evolving law, there are certain … Continue reading

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Quick Guide to file GSTR-2

Every registered taxable person is required to give details of Inward Supply, i.e., purchases for a tax period in GSTR-2. GSTR-2 contains details of all the purchases transactions of a registered dealer for a month. It will also include purchases … Continue reading

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Outcome of 22nd GST Council meeting

Decision taken in GST Council Meeting on 06.10.2017 The GST Council, in its 22nd meeting held on October 06, 2017 has recommended following changes to facilitate ease of doing business & trade:

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GSTR 2 Return filing,formats, eligibility and Rules

According to GST law, every registered taxable person is required to furnish details of Inward
Supply for a tax period.
1. What is GSTR-2?
Every registered taxable person is required to give details of Inward Supply, i.e.,
purchases for a tax period in GSTR-2. Continue reading

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Outcome of 21st GST Council Meeting

The GST Council in its 21st meeting in Hyderabad on 9 September 2017 has recommended various measures to ease the compliances for the taxpayers in the GST regime. Below is a gist of decisions taken by the GST Council:-

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