Now Even Non-graduated CAs Act As Registered Valuers

Non-Graduated Chartered Accountant

Ministry of Corporate Affairs (MCA) revised the rule in the regard that now non-graduate chartered accountants (CAs) who have three years of experience and is not yet graduate can now become the registered valuers.

Earlier, a CA who had three years of post-qualification experience and graduated could become the registered valuer. read more

Online GSTR 11 Form Filing Due Date (UIN Holders)

GSTR 11 Due Date

What is GSTR-11?

GSTR-11 is defined as the return which must be filed by the person who has issued his UIN (Unique Identity Number) to get a refund under GST for the goods and services bought by them in India.

Who are the UIN holders under the GST Act?

UIN (Unique Identity Number) is a special categorization made for foreign diplomatic projects and representative who are likely to pay taxes in Indian territory. It is a 15 digit alpha-numeric code to identify the GST exempted person. read more

GSTR 10 Return Filing Due Date for Taxpayer

GSTR 10 due date

This GSTR 10 guide will tell you everything there is to know about the Final GST return, including the form structure, how and when to file it, penalties, etc. GSTR 10 is the final return which is required to be filed by every taxpayer who has opted for cancellation of their GST registration.

What is GSTR 10?

GSTR 10 is different from the Annual GST Return. It is filed only one time and as the last GST return. Any registered taxpayer who opts to cancel their GST registration needs to file this return within three months from the cancellation date or the date on which the cancellation order was passed. read more

GSTR 8 Return Filing Due Date For December 2018 (E-Commerce Operator)

GSTR 8 Due Date

What is GSTR 8 Form For E-commerce Portals?

GSTR 8 form is TCS deduction form for the e-commerce companies registered under the GST regime. Every month, E-commerce operators must file GSTR-8. The detailing of who should be called E-commerce operators is defined under section 43(d). Every month, the e-commerce companies file the GSTR-8 return form. Compulsorily, e-commerce companies must be registered under GST reign and must get the registration under tax collection source (TCS). Supplies made by E-commerce platform to the unregistered customer, registered customer, tax payable and tax paid are included in this. The form is filed by E-commerce which gives detail about how much money of tax is collected at source from sellers. read more

How Chartered Accountant Helps Improving Business Growth

CA Improve Business Growth

Chartered accountants are very much intellectual due to which they always play an important role in bringing good business to the company. They are the professional who goes through the money related decisions and can also suggest or direct the firm towards a stable goal.

Chartered accountants take care of multiple aspects of business indirectly i.e. revenue and expenditures, taxation and regulation, legal and risk management, logistics and manufacturing, depreciation and cross-currency. All these aspects somehow create a balance between the profitability of a firm is managed accordingly. read more

GSTR 1 Due Dates October to December 2018 (Regular Taxpayers)

GSTR 1 Due Dates

The GSTR 1 form filing is a mandatory return form under GST.

Registered taxpayers with an annual turnover exceeding 1.5 crores need to file the GSTR 1 return by the 10th of the subsequent month. Taxpayers need to furnish complete details of their outward supplies in the GSTR 1 form.

The 27th GST council in its 27th meeting decided to continue GSTR 1 due date for 6 more months. The details that have to be furnished as part of the outward supplies include: supplies to a registered person as well as an unregistered person, received advances and non-GST supplies, exempted and exports. read more

GSTR 7 Due Date For October to December 2018 (TDS Deductor)

GSTR 7 Due Dates

GSTR 7 is a return form under GST for all the taxpayers who account all the tax deducted at source. The GSTR 7 due date is 10th of every next month in a particular tax period.

Here, we will discuss all the details of the GSTR 7 including liability of filing GSTR 7 and the due date aspect. Get all the basic information regarding the TDS form under GST i.e. the GSTR 7. read more

GSTR 9C Annual Return Audit Form Due Date for FY 2017-18

GSTR 9C Audit Form Due Date

What is the GSTR 9C (Audit Form) Form under GST ?

GSTR 9C is an annual audit form for all the dealers having turnover more than 2 crores in a financial year. Along with the GSTR 9C audit form, the taxpayer will also have to fill up the reconciliation statement along with the certification of an audit.

The authorities have also provided the format of GSTR 9C in the notification No. 49/ 2018 Central tax dated September 13, 2018. read more

GSTR 9A Annual Form Filing Due Date For FY 2017-18 (Composition Taxpayers)

gstr 9A form filing Due date

GSTR 9A is an annual return form for the composition scheme dealers in which they have to file all the tax return details of the whole year. The GSTR 9A form includes all the consolidated information regarding CGST, SGST and IGST paid during the financial year.

Here, we will describe the complete details of GSTR 9A form under GST which is for composition scheme dealers and its rules/eligibility. We request you to connect with us in the comment section and ask answer related to the complete GST regime from out tax experts. read more