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COMPOSITION TAXPAYERS
GST Council's decisions will help small e-commerce sellers: Nasscom"The composition taxpayers would now be allowed to make intra-state supply through e-commerce operators subject to certain conditions. This...
GSTN enables composition taxpayers to file NIL statement through SMSComposition taxpayers can now file NIL statement in Form GST CMP-08 through SMS and without logging in to the GST portal.
Govt extends FY20 GST return filing date for composition dealers till Aug 31The Central Board of Indirect Taxes and Customs issued a notification, extending the deadline for filing GSTR-4 annual returns for 2019-20 ...
GST portal updates: 11 new features on GSTN that you need to be aware ofTax filers who file their returns quarterly now do not have to wait for the quarterly filing of refund applications too. The portal has ena...
GST: Composition scheme for small taxpayers extended to Rs. 1.5 croreThe GST Council increased the threshold for composition scheme once again to Rs 1.5 crore and also decided to amend the law to increase the...
Composition scheme biz to now file simplified 'self-assessed' GST return quarterlySo far, businesses opting for composition scheme had to file tax returns every quarter in GSTR-4 which ran into around seven pages.
Government notifies 1 per cent GST for manufacturers under composition schemeFinance ministry has notified the changes decided by the GST Council, chaired by Union Finance Minister Arun Jaitley and comprising state c...
GSTN launches offline utility for filing purchase returns GSTR-2This will be helpful in comparing this data with purchase register to take actions like accept, reject and modify, GSTN said in a statement.
GoM for 12% GST on AC eateries, composition scheme tax cutAt present, while manufacturers pay GST at 2 per cent, the rate for restaurants is 5 per cent. Traders currently pay 1 per cent.
Businesses under composition scheme to soon start filing GST returnsAround 15 lakh businesses opted for composition scheme, which allows them to pay taxes at a concessional rate and makes compliance easy.
GST: Composition scheme extended to Rs. 1 cr, quarterly returns for taxpayers with turnover of Rs 1.5 crthe GST Council in its 22nd meeting has decided to allow taxpayers with Rs 1.5 crore to file quarterly returns and at the same time increas...
GSTN reopens window for composition schemeSuch small taxpayers will have time till September 30 to opt for the scheme, which offers easy compliance for business as returns are to be...
'Casual Taxpayers' registration goes live on GSTN portalA casual taxpayer is a person who occasionally undertakes business transactions in a state/Union Territory where he/she has no place of bus...
5 lakh businesses opt for composition scheme under GST: Hasmukh AdhiaThe figure of dealers opting for composition in GST is 5.12 lakh up to 30th (July). The last date for opting is August 16," Revenue Secreta...
Subdued demand may force relook at GST composition schemeCBEC is trying to ascertain the reasons for businesses not opting for the Composition Scheme that was especially designed to ease complianc...
Business houses get time till August 16 to opt for GST composition schemeThe government is mindful of the concerns of tax payers, especially the small taxpayers, arising from transition to the GST regime from Jul...
GST: Small taxpayers can opt for composition scheme before July 21Under composition scheme, traders, manufacturers and restaurants can pay tax at one per cent, two per cent and five per cent, respectively ...