GST Registration Amendment FAQ (Core & Non core fields)

1. Can amendments be made to the information submitted in the Registration Application? Once the applicant is registered under GST, the need for amendments in registration may arise due to several factors such as a change in address, change in contact number, change in business details and so on. In order to amend any information … Continue reading GST Registration Amendment FAQ (Core & Non core fields)

FAQ for GSTR 2 : All you need to know

Introduction 1. What is Form GSTR-2? GSTR-2 is the details of inward supplies of goods or services to be furnished by registered taxpayer on a monthly basis. The GSTR-2 would be prepared by registered taxpayer by acting upon on auto-populated details from GSTR-1,5,6, 7,8 filed by the corresponding supplier/ Non-Resident taxable persons/ ISD/ Tax Deductor/ … Continue reading FAQ for GSTR 2 : All you need to know

Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger

1. After submitting the GSTR-3B return, I was trying to make payment of the tax and was trying to offset my liability from the Electronic Cash Ledger; however I faced error. On what basis can I utilize the balance in Electronic Cash ledger? The utilization of Cash from Electronic Cash Ledger is done on the … Continue reading Utilization of Electronic Cash and Input Tax Credit (ITC) Ledger

FAQs regarding filing GSTR 1 & GSTR 2A Returns online

GSTR1 1. Who is required to file the GSTR 1? Every registered taxable person, other than an input service distributor/compounding taxpayer/TDS Deductor/TCS Collector is required to file GSTR 1 electronically the details of outward supplies of goods and/or services during a tax period. 2. Is GSTR 1 filing mandatory? GSTR 1 needs to be filed … Continue reading FAQs regarding filing GSTR 1 & GSTR 2A Returns online