Notification No. 37 /2017 – Central Tax export with LUT without payment of GST

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue ) [Central Board of Excise and Customs] Notification No. 37 /2017 – Central Tax New Delhi, the 4th  October, 2017 ... Click to read full article

GST Payer 06/10/2017 under GST


How to use offline utility for filing GSTR-1 return on GST portal

GSTN has released the offline utility to file form GSTR-1. GSTR-1 is the form to upload details of your outward supplies. It is a return which needs to filed every month and due date is 10th of next month. For example, for the month of September 2017, the due date will be 10th of October 20... Click to read full article

Pulkit Sharma 07/08/2017 under GST


Form GSTR-3B for filing GST return of month July and August 2017

July month just got over and here we are past one month of GST being rolled out. August 2017 is a very crucial and important month for every tax payer, as this is practically the first month everyone has to file a GST return for the supplies made during the month of July 2017. Form GSTR-3B ... Click to read full article

Pulkit Sharma 02/08/2017 under GST


Billing application to generate invoices with GST

If you are registered under GST and supplying goods or services or both, then you have to issue a tax invoice which should follow the compulsory requirements specified under law. The tax invoice issued by you to your client or customer should contain the details required by law. A tax invoi... Click to read full article

Pulkit Sharma 31/07/2017 under GST


GST registration procedure

The procedure to register under GST is made simple. As per me compared to earlier laws, registration under GST is simplest. I have tried to cover the registration provision of CGST ACT, 2017 as well as Registration rules along with application rules to provide a guide on registering your busin... Click to read full article

Pulkit Sharma 22/04/2017 under GST


GST billing software for free

Understand GST tax invoice, as an accountant the first thing under GST you will have to do is to create an invoice for outward supplies made. You will have good time before filing returns. But, you have to start issuing bill to customers under GST regime as soon as GST registration is obtai... Click to read full article

Pulkit Sharma 08/06/2017 under KYG-Invoicing


List of GST HSN code with product description and Tax rate

The most confusing part in entire GST compliance cycle has been finding the correct GST tax rate applicable on different goods. Government has released the list of items with applicable tax rates. I have taken this list from CBEC website. You can use it to find out the applicable tax rate o... Click to read full article

Pulkit Sharma 14/07/2017 under GST


GST Invoice format in Excel and PDF

The government notified rules for a tax invoice. A tax invoice issued by a registered person should contain details as required. I have drafted an invoice in MS Excel and PDF format, which you can use for reference purpose. Alternatively, you can use online invoicing software for GST. Downl... Click to read full article

Pulkit Sharma 12/05/2017 under GST


जीएसटी बीजक केसे बनाये? - GST tax invoice in hindi

अगर आप चिन्तित हैं की GST BILL KESE BANAYE तो आप बिलकुल सही लेख पे आए हैं। मेरा ये लेख आपकी सारी चिंता दूर कर देगा। में आपको GST के तहत बनाए जाने वाले BILL यानी की TAX INVOICE की पूरी जानकारी दूँगा और साथ में ही ये भी बताऊँगा की कोनसा SOFTWARE आप इस्तेमाल कर सकते हैं। GST TAX Invoice में ... Click to read full article

Pulkit Sharma 25/06/2017 under GST


Cost analysis for small traders under composition levy scheme and normal tax levy

Whether to go for composition levy or normal levy is the main question asked by small clients. I got a call from a client who deals in materials falling under tax rate of 28%, his question was whether he should opt for composition levy or normal levy. He presented following numbers to calcu... Click to read full article

Pulkit Sharma 20/06/2017 under GST


GST returns - due date list

If you are registered under GST, you need to file monthly returns. Every month a single monthly return with summary of outward supply and inward supply will be the main return. However to file this monthly return you have to first file the outward supply information and inward supplies return.... Click to read full article

Pulkit Sharma 18/06/2017 under GST


GST contest to test your knowledge and win free gift

First 50 winners will get a surprise gift. Total 17 questions are added in this quiz. You need to answer each to get 100% result. Question asked are basic in nature and are related to GST registration, composition scheme, GST Invoice. Quiz is for beginners and very soon I will post another qu... Click to read full article

Pulkit Sharma 16/06/2017 under GST