Registration process under GST w.e.f. 21 August 2020

New GST Registration process

Aadhar Authentication for new GST registration Aadhar based authentication for GST Registration has been introduced to further simplify the GST registration process and ensure speedy and hassle free allotment of GST number. Aadhar vbased authentication shall be applicable for new GS registration and is applicable from 21 August 2020. Key highlights An applicant opting for … Read more Registration process under GST w.e.f. 21 August 2020

Key Updates- GSTR 3B filing made easier for monthly GSTR 1 filers

GSTR 3B August 2020

Key updates in GSTR 3B August 2020 Table 3 (liabilities) of GSTR 3B shall be computed automatically by the GST portal based on GSTR 1 filed by the assessees.     As of now this facility is available for monthly GSTR 1 filers. It will be made available for quarterly GSTR 1 filers too in due … Read more Key Updates- GSTR 3B filing made easier for monthly GSTR 1 filers

Due Date GSTR 3B Aug 2020 – Notification 54/2020 Central Tax

Due Date- GSTR 3B August 2020 Notification No. 54/2020 Central Tax (Click here to View) Due Date 20 Sep  2020 Where the Turnover of the Taxpayer in the previous Financial Year (FY 2019-20) is greater than 5 Crores irrespective of whether the Taxpayer falls under Group A or Group B states Due Date 01 Oct … Read more Due Date GSTR 3B Aug 2020 – Notification 54/2020 Central Tax

63/2020 – Interest on delayed payment shall be charged only on the Net GST Liability

The Ministry of Finance on 25-Aug-2020 released a notification in the official Gazette Notification number 63/2020 – Central Tax dated 25th August 2020 The Interpretations is as below: Changes were made in Section 50 by inserting a proviso to Section 50(1), via Section 100 of Finance (No.2) Act, 2019 Section 50 is related to payment … Read more 63/2020 – Interest on delayed payment shall be charged only on the Net GST Liability

Why No One Talks About Late Fee & Interest On GST Returns Anymore ?

1. Due Date, Interest and Late Fee for GSTR 3B June 2017 to Jan 2020 2. Due Date, Interest and Late Fee for GSTR 3B Feb 2020 and onwards where aggregate turnover is greater than 5 cr 3. Due Date, Interest and Late Fee for GSTR 3B Feb 2020 and onwards where aggregate turnover is … Read more Why No One Talks About Late Fee & Interest On GST Returns Anymore ?

Introduction to Fundamentals of Digital Marketing

Digital Marketing

What is Digital Marketing? Marketing embedded with Internet Technology is known as Digital Marketing Digital Marketing involves the use of the Internet to reach consumers. The ad in the newspaper that your vendor delivers to your door step or the leaflet you collected, that was being distributed outside the Super Market Store promoting the upcoming … Read more Introduction to Fundamentals of Digital Marketing