Returns under GST Under GST every tax payer is required to file the GST Returns for all: Purchase Sale Output GST (on Sales) Input Tax Credit (GST paid on purchases) Any regular taxpayer has to file 3 returns monthly and one annual returns.   One has to file GSTR 1 monthly. The other 2 returns… Read More Returns under GST

GST- Accounts and Records Under section 35 of CGST Act, Accounts and other records Every registered person shall keep and maintain, at his principal place of business (as mentioned in the certificate of registration), a true and correct account of the following: – Production or manufacture of goods; Inward and outward supply of goods or… Read More GST- Accounts and Records

THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 DEFINITIONS In this Act, unless the context otherwise requires, –– (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882; (2) “address of delivery” means the address of the recipient of goods or services or… Read More THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 – DEFINITIONS