What is GST Tax Returns Filing In India?

Businesses with an annual turnover of more than Rs. 40 Lakh and Rs. 20 Lakh for north-eastern and hilly states have to file GST mandatorily. They have to obtain a GSTIN, a 15-digit alphanumeric code required for filing returns. There are various goods and service tax forms that taxpayers have to fill depending on their income. Entities with an annual turnover of up to Rs. … Continue reading What is GST Tax Returns Filing In India?

Mandates On GSTIN Display Penalty On Non-Compliance By Maharashtra Government

A trade circular titled “43T of 2017” by the Maharashtra Government notified all business to display their GSTIN in front of their principal places and additional places or face a penalty of Rs. 25,000. The Commissioner of Sales Tax, Rajiv Jalota issued this circular and said that businesses have to show their GST Identification Number in bold lettering to make it visible for all venders/customers. … Continue reading Mandates On GSTIN Display Penalty On Non-Compliance By Maharashtra Government