The Government of India is seized of the issue of Exporters complaining about delay in grant of refunds pertaining to Integrated Goods and Services Tax (IGST) paid on goods exported out of India and similarly Input Tax credit (ITC) on exports. It is clarified that the quantum of IGST refund claims as filed through Shipping […]
Goods and Services Tax (GST) is set to bring a new regime of business compliance in India. Now-a-days, large organizations have resources as well as the expertise in order to address these requirements. On the other side, many Start-ups and Small and Medium Enterprises (SMEs) struggles in order to complete these provisions. To resolve such kind of scenarios, […]
The composition dealer who wants to withdraw from composition scheme voluntarily shall, before the date of such withdrawal, file an application in FORM GST CMP-04 , digitally signed or verified through electronic verification code on the GST common portal. And in case the composition dealer have to withdraw from composition scheme, as he ceases […]
A sum of Rs 83,346 crores has been collected as Total Revenue Collection under GST for the month of October, received in November till 27th November 2017. 95.9lakh taxpayers have been registered under GST so far, of which 15.1 lakh are composition dealers who are required to file returns every quarter. 50.1 lakh returns have […]
At least Rs 50,000 crore worth of goods and services tax (GST) refunds of exporters for four months are stuck, impacting working capital and outbound shipments. Only about Rs 350 crore of refunds on account of integrated GST (IGST) have been released by the government for July, against Rs 750 crore claimed by exporters. Besides, […]
Hello viewers!!!!!!!!!! you might be getting various error messages while imposing Digital Signature on GST portal during GST registrations and filing returns of GST. In this article we are trying to resolve all those issues. If you are facing the below error, ensure that the DSC is installed or token is plugged in your system. […]
Before you register your DSC at the GST Portal, you need to install the emSigner utility. The utility can be downloaded from the Register DSC page. Suggested Read : Step to download and install emsigner utility from GST portal. DSC registration is PAN based and only Class 2 and Class 3 DSC are accepted at […]
The pre-requisites for installing the emSigner are provided as below: Windows 32 / 64 bit OS Java 1.6 JRE 1.6.0_38+, Java 1.7, Java 1.8 Windows: Admin access to install the emSigner component Any one of the following ports should be free 1585 2095 2568 2868 4587 To install the emSigner, perform the following steps: […]
In the 23rd GST council meeting held on 10th Nov 2017, the government has announced various amendments regarding filing of GSTR returns, in this article we will discuss regarding those changes, which are as follows: GSTR-3B return is a simple return that must be filed every month by all taxpayers. In […]
The following changes were recommended in the Composition Scheme on the basis of discussions held in the 23rd meeting of the GST Council held at Guwahati: Uniform rate of tax @ 1% under composition scheme for manufacturers and traders (for traders, turnover will be counted only for supply of taxable goods). No change for composition scheme for […]