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Tag: GST advisor in Delhi India

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Key Changes in GST (22nd Meeting of GST Council)

In order to ease the compliance burden of SME Sectors, following amendments has been recommended:  Composition Scheme will be available up to the turnover of Rs. 1 Crore. Tax Rate for Composition Scheme will remain same at present level.  Person with a turnover up to 1.5 Crore will be required to furnish the quarterly return

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Interest on Late Payment of GST

Goods and Service Tax is an ambitious tax regime applicable from 1st of July 2017 made a number of indirect taxes subsumed into it. The government has now revealed the due dates for the payment of GST. The GST payment due date for general taxpayers is 20th of October. All the registered taxpayers are required

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