CBIC | Press Release | 4th October 2022: Vide Notification No. 18/2022-Central Tax dated 28.09.2022, the Central Government has appointed 01.10.2022 as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of the Finance Act, 2022 shall come into force.
Thereby, the time limit for the following compliances in respect of a particular financial year has been extended and fixed as 30th November of the next financial year, or furnishing of the relevant annual return, whichever is earlier:
Doubts have been raised whether the said extended timelines are applicable in respect of compliances for FY 2022-23 onwards or whether the same are also applicable to the compliances for FY 2021-22. Doubts have also been raised whether the timelines for the said compliances stand extended to the date of filing/ furnishing of the return/ statement for the month of November 2022 or the said compliances can be carried out in a return or the statement filed/ furnished upto 30th November 2022.
In this regard, it is clarified that the extended timelines for compliances listed in para 2 are applicable to the compliances for FY 2021-22 onwards. It is further clarified that the said compliances in respect of a financial year can be carried out in the relevant return or the statement filed/ furnished upto 30th November of the next financial year, or the date of furnishing annual return for the said financial year, which ever is earlier. It is also clarified that no extension of due date of filing monthly return/ statement for the month of October (due in November) or the due date of filing quarterly return/ statement for the quarter ending September has been made vide the amendments in CGST Act, 2017 notified through Notification No. 18/2022-Central Tax dated 28.09.2022.
In this portal, the user can do online GST registration, return filing, Payments, refund application, registration cancellation, and various GST-related processes to the taxpayer.Taxpayers can also conduct all communications regarding GST through this portal without visiting the tax offices.
Not only can the taxpayers check for updates regarding the approval/cancellation of applications and their tax submission status but also can receive an intimation about the govt notices and are allowed to respond back to them.
GST Login may be a compact, automated facility that empowers taxpayers to file taxes on their own without professional help.How to register on GST Portal?You will need to visit the GST official website then click on ‘GST Practitioners’ click on ‘Register Now.Select the choice ‘New Registration’, after which you'll then need to provide the relevant details and upload the required documents.Once, you provide all the small print, you'll receive a One-Time Password (OTP).
Enter the OTP, enter the characters given within the image into the box then click on proceed.Once you submit all the appliance forms, you'll be given an acknowledgment number.
The application process is going to be completed once you are assigned a GST number and a User ID and password.
You can use this detail to login into the GST portal.Is there any benefit in registering for GST?Certain benefits of registering under GST is as follows:Lesser compliance compared to VAT/ Service Tax/ Excise dutyRegulated the unorganized sectorSeveral benefits for little business, like the choice to choose composition scheme, exempt from filing annual returns, etcBusiness can claim a tax credit for their purchasesThe registered buyer would like to shop for goods from a registered personGST Login: How to register under the GST portal?Follow the below steps for GST Login: Goods & Services Tax GST Portal www.gst.gov.in Login IndiaSTEP 1: Visit www.gst.gov.in Under the ‘Services’ tab, click on the ‘Registration – New Registration’ option.STEP 2: Within the next page, click on the choice ‘New Registration’ and supply the required details like sort of person (Tax Payer, GST Practitioner, Others, etc.
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GST certificate course by government in Kolkata is designed to give working knowledge on the goods and services tax.
Goods and Services Tax (GST), a major tax reform in the history of independent India, has marked its 2nd anniversary on July 01, 2019.
Before GST was implemented, India had a web of many indirect taxes complicating the entire tax administration.
It was also the reason why many people didn’t even want to register their businesses for tax purposes.
But on July 01, 2017, GST was rolled out in the country after long delay of 17 years.
Interestingly enough, Congress had promised roll-out of GST in its 2009 manifesto.
4.42 lakh crore in 2017-18 to Rs.
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Goods and Services Tax is a consolidated indirect tax policy that encompasses VAT, CST, Service Tax, Central Excise duty, Entertainment Tax, etc and is valid all over India with effect from 1st July 2017We have providing Following Services -1.
Process and Documentation of GST Registration
