Home » GST News

GST News

Read All About GST News & Updates

A place where you get to read the latest GST news, GST rate changes & more. Become a well-informed smart Vyapari :) Take your business to the next level with the help of the right information.

How not to make mistakes in GSTR-9

  • by

The Bad News: You are not allowed to make corrections in GSTR-9 after filing. Hence, it is always better to be careful while preparing your GSTR-9. Download Vyapar App Here are some of the mistakes you can avoid while filing GSTR-9: ✔ Not filing GSTR-9 before the deadline. 31st December  is the final date to file your GSTR-9. There will be… Read More »How not to make mistakes in GSTR-9

No more GSTR-1 & GSTR-3B: GOVT approves the new GST return forms

  • by

Yes, there will be no more GSTR-1 and GSTR-3B for GST registration! Get ready to file your GST returns with the new GST forms. The 3 FORMS which replaces GSTR-1, GSTR-2 and GSTR-3B are: ✔ 1 main GST return (GST RET-1) and ✔ 2 annexures ( GST ANX-1 & GST ANX-2). For the next 3 months (July to Sept, 2019), taxpayers must… Read More »No more GSTR-1 & GSTR-3B: GOVT approves the new GST return forms

Compulsory e-invoicing only for businesses having turnover > Rs.50 cr from Sept

  • by

The turnover limit for businesses for e-invoicing is likely to be fixed at Rs 50 crore. This means big taxpayers who are having better technology should generate their e-invoice on GOVT portal for B2B sales. They should start e-invoicing right from September 2019. The official said 1 crore invoice generation/day can be handled by GOVT portal. Just look at the… Read More »Compulsory e-invoicing only for businesses having turnover > Rs.50 cr from Sept

Small cars & consumer goods to get less expensive after June 20th.

  • by

Many consumer products as we all know still have 28% GST (Goods and service tax) due to which their prices are quite high. This rise in price is affecting their sales. There is a huge drop in the demand for such products. ✔ Automobiles, for instance, are placed in the 28% GST bracket. The automobile dealers are shutting shops due to… Read More »Small cars & consumer goods to get less expensive after June 20th.

Easy GST refund process for exporters

  • by

Currently, when you claim for GST refund with the central tax officer, you will receive only 50% of your money, the rest 50% will be cleared by state tax officer after verification. Sometimes, even after sanction/payment of refund, the tax authority delays the GST refund. The two authorities – state and central settling the same refund adds to unnecessary complexities… Read More »Easy GST refund process for exporters

Textiles to get cheaper very soon!

  • by

At present, there are 3 GST rates – 5%, 12% and 18% – for various items under the textile sector Whereas, countries, such as Thailand (10%), China (16%), and Indonesia (7%) who are doing well in the textile industry have a single rate for all items. Also, when rates are different, it is difficult to refund exporters. This itself is… Read More »Textiles to get cheaper very soon!

ব্যবসায়ীদের এখন কোনরকম দেরী না করে জিএসটিআর-৯ (GSTR-9) প্রস্তুত করা শুরু করে দেওয়া উচিত

  • by

মে মাস শেষ! জুন এসে গেছে! আপনার মতো জিএসটি করদাতাদের এই বিষয়গুলি সম্বন্ধে জানা প্রয়োজন: ✔ ২০১৭-১৮ আর্থিক বছরের জন্য জিএসটিআর-৯ (GSTR-9) ফাইল করার সর্বশেষ তারিখ হল ৩০ জুন ২০১৯। ✔ আপনি যদি কম্পোজিশন স্কিম করদাতা বা ই-কমার্স অপারেটর হন, তাহলে আপনাকে অন্য একটি ফর্মের (জিএসটিআর-৯ নয়) ব্যবহার করে বার্ষিক আয়ের বিবরণ দিতে হবে। ✔ যদি আপনার বার্ষিক টার্নওভার ২… Read More »ব্যবসায়ীদের এখন কোনরকম দেরী না করে জিএসটিআর-৯ (GSTR-9) প্রস্তুত করা শুরু করে দেওয়া উচিত

વ્યવસાયોએ કોઈપણ વિલંબ વિના GSTR-9 તૈયાર કરવાનું શરૂ કરવું જરૂરી છે

  • by

મે મહિનો પૂરો થયો! જૂન આવી ગયો! તમારા જેવા જીએસટી કરદાતાઓને જેટલું જાણવું જોઈએ તે અહીં છે: ✔  નાણાકીય વર્ષ 2017-18 માટે જીએસટીઆર -9 ફાઇલ કરવાની અંતિમ તારીખ 30 મી જૂન, 2019 છે. ✔  જો તમે કમ્પોઝીશન સ્કીમ ના કરદાતા અથવા ઇ-કૉમર્સ ઑપરેટર છો, તો તમારે અન્ય ફોર્મનો ઉપયોગ કરીને વાર્ષિક રિટર્ન ફાઇલ કરવું આવશ્યક છે (GSTR-9 નહીં). ✔  જો… Read More »વ્યવસાયોએ કોઈપણ વિલંબ વિના GSTR-9 તૈયાર કરવાનું શરૂ કરવું જરૂરી છે

వ్యాపారాల వారు ఏ మాత్రం ఆలస్యం చేయకుండా జిఎస్టిఆర్-9ని తయారు చేయడం ప్రారంభించాలి

  • by

మే పూర్తయింది! జూన్ వచ్చేసింది! మీ వంటి జిఎస్టి పన్ను చెల్లింపుదారులు తెలుసుకోవలసినవి ఇక్కడ ఉన్నాయి: 2017-18 ఆర్ధిక సంవత్సరానికి జిఎస్టిఆర్-9ను దాఖలు చేయడానికి గడువు 30 జూన్ 2019. ✔ మీరు ఒక మిశ్రమ పథకం పన్ను చెల్లింపుదారు లేదా ఇ-కామర్స్ నిర్వాహకులు అయితే, మీరు మరొక ఫారమ్ (జిఎస్టిఆర్-9 కాదు) ఉపయోగించి వార్షిక రాబడిని దాఖలు చేయాలి. మీ వార్షిక టర్నోవరు రూ. 2 కోట్ల కన్నా ఎక్కువ అయితే, మీరు జిఎస్టిఆర్-9తో పాటుగా జిఎస్టిఆర్-9సి కూడా దాఖలు చేయాలి. జిఎస్టిఆర్-9… Read More »వ్యాపారాల వారు ఏ మాత్రం ఆలస్యం చేయకుండా జిఎస్టిఆర్-9ని తయారు చేయడం ప్రారంభించాలి

बिज़नेसमैन को अब बिना कोई देरी किए जीएसटीआर-9 की तैयारी शुरू कर देनी चाहिए

  • by

मई ख़त्म हो चुका है! जून शुरू हो गया है! आपके जैसे जीएसटी टैक्स भरने वालों को ये बातें मालूम होनी चाहिए: ✔ वित्तीय वर्ष 2017-18 के लिए GSTR -9 फ़ाइल करने की आखिरी तारीख़ 30 जून 2019 है। ✔ अगर आप कंपोजिशन स्कीम टैक्सपेयर या ई-कॉमर्स ऑपरेटर हैं, तो आपको दूसरे फॉर्म (GSTR -9 नहीं) का इस्तेमाल करके सालाना… Read More »बिज़नेसमैन को अब बिना कोई देरी किए जीएसटीआर-9 की तैयारी शुरू कर देनी चाहिए