WHAT IS GST RETURN FILING? A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability. Under GST, a registered dealer has to file GST returns that include: 1.Purchases 2.Sales 3.Output GST (On sales) 4.Input…
Read MoreGST TAX RATE IN INDIA GST has been structured in a way that essential services and food items are placed in the lower tax brackets, while luxury services and products have been placed in the higher tax bracket. The GST council has fitted over 1300 goods and 500 services under four tax slabs of 5%,…
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GST REGISTRATION IN RANCHI, JHARKHAND Goods and Services Tax(GST/GST Registration) bill is India’s biggest reform in India’s indirect tax structure which came into effect from July 1, 2017 . The purpose of bill is to introduce one single tax on supply of goods and services, from the manufacturing stage until its delivery to final consumer.…
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