Articles under GST

Model of INDIAN GST

Design of INDIAN GST   Indian GST outline, Different pattern of Indian GST Concurrent dual model of GST India has adopted dual GST model because of its unique federal nature. Under this model, tax is levied concurrently by the Centre as well as the States on a common base, i.e. supply of goods or services or both. GST to be levied by the Centre would be called Central GST (Central tax / CGST) and that to be levied by the States would be called State GST (State Tax / SGST). Sta

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Step by step registration process of TDS Deductors in GST

Step by step process of registration of TDS Deductors in GST   How to register TDS deductors in GST? What are the registration process of TDS deductors in GST? Steps to register TDS deductors in GST   STEP 1: Entering User credentials for Registration Application 1. Go to the GST Portal at www.gst.gov.in 2. Click on the “Services” Tab →Click on “Registration” →Select “New Registration”. 3. Find the box “I

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Supply in GST

Concept of Supply in GST   Supply of goods and supply of services in GST Supply in GST covers both supply of goods as well as supply of services by vendors or suppliers to the Government Departments, local authorities and other recipients as listed below. (a)  a department or establishment of the Central Government or State Government; or (b) local authority; or (c)   Governmental agencies; or (d)   an authority or a board or any other body.

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Benefit of TDS to deductee under GST

Late fee, interest and penalty for late filing of TDS Returns in GST   Benefit of TDS to deductee and TDS certificate With the deduction of tax and submission of return in FORM GSTR 7 the amount deducted would be available in FORM GSTR 2A/4A of the registered deductee and the same would be credited in his electronic cash ledger. The deductee would be able to utilize this amount for discharging his tax liabilities.   Late fee, interest and penalty Provision for late

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TDS return under GST

TDS return submission procedure under GST    How to submit TDS return under GST? Time limit for filing the TDS Returns under GST. The filing the TDS Return in FORM GSTR-7 can be done both through the online mode in the GST portal as well as by using the offline tool. TDS return submission procedure In the offline method, the deductor would be required to fill up the designated. xl file and upload the said file with signature validation. Every registered TDS deductor

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