The Goods and Services Tax was introduced on July 1st, 2017 in India. In order to be GST-registered, a dealer must file GST returns that include purchases, sales, output GST, and input tax credit. Businesses and taxpayers across India are required to file GST returns, whether they are doing business interstate or intrastate, as prescribed by the GST council and …
The Bombay High Court has allowed the assessee, Nuvoco Vistas, to file GST TRAN-1 to avail of the transitional Input Service Distributor credit of service tax.The division bench of Justice K.R. Doctor has observed that the GST TRAN-1 or revised GST TRAN-1 filed by the units or offices will be based on the manual ISD invoices to be issued by …
Goods and services tax is an indirect tax applicable from July 1st, 2017 across India. Who has to file GST Return: All registered businesses have to file monthly, quarterly, and/or annual GST Returns based on the type of business. List of GST Returns: GSTR-1 - The registered taxable supplier should file details of outward supplies of taxable goods and services …