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GST Return Filing: Due Dates, Penalties, and Types

This webpage provides information on filing Goods and Service Tax (GST) returns in India. It covers due dates for filing, penalties for late filing, and the different types of GST returns that businesses need to file. Bookmarking this resource can help you ensure GST compliance and avoid late fees.

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The 48th GST council meeting was conducted on the 17th of December, 2022 in New Delhi. Smt. Nirmala Sitharaman, the finance minister, was in charge of the gathering which included higher-ups from the Ministry of Finance for both States and Union Territories as well as Pankaj Choudhary who is a Union Minister of State for Finance. This article will delve into the important changes, suggestions, hints, and outlooks that were discussed at this meeting. Read this article to know more: http://bit.ly/3iETKQJ

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E-invoices are integral to so many aspects of GST and serve as proof of transactions, so not following the e-invoicing provisions can result in attracting penalties. Find out what the consequences of not following e-invoicing provisions are in this blog. Click here to read: https://bit.ly/3rRNLcg

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GST certainly benefited the hospitality and tourism industry in India by introducing a single tax regime. It offers standardized and uniform tax rates as well as easier and more efficient use of Input Tax Credits. Visit this blog to discover more about how GST is helping the hospitality industry. Blog link - bit.ly/3QvKzOS

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As the new calendar year starts, we bring you the Compliance Calendar for January 2023. Check out this calendar and never miss the deadline to file GST returns! Read this blog to know more: bit.ly/3IBoxbw

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GSTrobo® is the best e-invoicing software that helps in generating customized professional invoices as per industry standards. You can quickly produce your invoices and mail them to your customers/ vendors with a single click thanks to GSTrobo® E-invoicing. It provides multiple features that ease out your e-invoicing complications such as:  

• Sample E-invoicing templates as per each industry.     • Unique 14 filters for automation to auto-populate data.     • Seamless integration with ERPs such as Tally, SAP, Oracle, and many more.     • Robust Customer Support with 24*6 customer assistance and 2 hours of resolution time.

With GSTrobo® E-Invoicing software, you can get all your e-invoicing needs to be met in one place.

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E-invoicing for businesses with a turnover of? 10 Cr.+ is mandatory from 1st October 2022. Read this blog to ensure you have the necessary documents to generate e-invoices. https://bit.ly/3UD09tU

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The average person is unfamiliar with the concepts of taxation and technology. The handling of goods and services tax is so detailed and logical that it appears to be a difficult task to comply with it through technology. But, as in any other field, technology has also advanced and made its way into GST. Binary Semantics, a leading name in the field of seamlessly connecting the Goods and Services Tax (GST) system with cutting-edge technology to make GST compliance simple and quick, explains the deep connection between GST and Revolutionizing Technology. Read more here: https://bit.ly/3dZQBYR

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Inter-state transactions has accounted for a significant portion of GST revenue. In previous tax regimes, the transportation factor was used to channel unaccounted and uninvoiced stock of goods. GST, by introducing an E-way bill, has attempted to eliminate malpractices while also digitising the process so that real-time supervision can be carried out.

Read more here: https://bit.ly/3cgOsYq

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Hi Taxpayers,

With effect from October 1, businesses with turnover exceeding 10 crores will be required to use e-invoicing under the government’s Central Board of Indirect Taxes and Customs (CBIC).

Read our blog to know more: https://bit.ly/3JA8c5D

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The implementation of GST is the most significant indirect tax reform since India’s independence. With so many additional benefits, it has made everything online, including registration, tax payment, returns filing, and other compliances. Furthermore, via the application of artificial intelligence and data analytics, GST has enabled the tax administration to discover and track tax evasion, fake invoices, mismatches, and fraudulent activities. Read more here: https://bit.ly/3Q48B2i

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The Goods and Services Tax (GST) is a destination-based tax levied on the final destination or consumption of goods or services. In addition, GST is charged on the supply of goods and services relating to movable and immovable property. In terms of the imposition of GST on immovable property, there is a lack of clarity. In this article, we will cover GST on real estate. Read more here: https://bit.ly/3b7e0H0

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On 28th-29th June 2022, our Finance Minister presided over the 47th GST Council Meeting. As a result, the council made a number of significant decisions, ranging from GST return filing to GST rate changes.

Read our blog to know the highlights of this meeting - https://bit.ly/3yT9lzZ

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A company can continue to exist if it can stay afloat in a rapidly changing and competitive market. As a result, it is highly likely to go through multiple adjustments to adapt, compete, and expand promptly. Changes in location and style of operations, ownership, error correction, communication information, and other business specifics in need of adjustment may be necessary to adapt to changes in the business ecosystem. It’s also critical to maintain the GST registration-related information up to date with these modifications or developments. The GST registration module has been built to allow for easy editing and adjustment of GST registration. Read more here: https://bit.ly/3PsLgXu

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The Goods and Services Network has implemented a new feature called functionality to check PAN usage to address bogus/fake GST registrations. Read more on this blog to know how you can report Fake GSTIN. https://bit.ly/3yz49kJ

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E-Way Bill Software from GSTrobo generates E-way bills in real-time through ERP, Excel, PDF with e way bill Software and generate multiple e-way bill as Taxpayers and Transporters without any hassle.

Click to know more: https://bit.ly/3ysvIfD

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When the Goods and Services Tax (GST) was first introduced for indirect taxation, it was planned that it would bring about a tech-enabled compliance system where the supplier would file his details of every outward supply transaction, and those details would automatically populate and appear on the recipients’ GSTR 2A/GSTR 2B. After the acceptance of GSTR 2A/ GSTR 2B, GSTR 3 will automatically fill in the information from the inward and outbound supplies to calculate the total tax for the given period. It was not a smooth trip, either, and issues with obtaining ITC started to arise. Read more here: https://bit.ly/3RhL3YT