Deadline for opting GST Composition Scheme for FY 2024-25 is March 31, 2024; file CMP-02 form if eligibleGoods and Services Tax (GST): If you are GST registered and wish to apply for GST Composition scheme for FY 2024-25, then the last date to ...
16 Mar, 2024, 05.14 PM IST
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...
30 Jun, 2022, 08.48 PM IST
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.
26 Oct, 2020, 05.48 PM IST
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...
05 Aug, 2019, 03.25 PM IST
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...
05 Aug, 2019, 02.49 PM IST
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.
24 Apr, 2019, 04.57 PM IST
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...
02 Jan, 2018, 08.09 PM IST
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.
03 Nov, 2017, 11.25 AM IST
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.
29 Oct, 2017, 06.14 PM IST
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.
29 Oct, 2017, 03.33 PM IST
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...
06 Oct, 2017, 09.05 PM IST
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...
17 Sep, 2017, 04.48 PM IST
'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...
11 Aug, 2017, 10.44 AM IST
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...
31 Jul, 2017, 02.36 PM IST
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...
30 Jul, 2017, 12.37 PM IST
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...
22 Jul, 2017, 09.36 PM IST
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 ...
15 Jul, 2017, 01.14 AM IST