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GST HSN Codes for Exempted Goods and Services

GST Exempted Goods HSN Code list : The HSN Codes for Exempted Goods and Services in GST are provided below in table format. The HSN Code starts with 0101 for Mules and Hinnies. Ther are around 125 exempted goods and services in GST and HSN Code is provided for each one of them. In our Previous article, we have already explained in details GST Impact on Hospitals and Healthcare Services and also GST Bill Format . This list of HSN Codes for GST Exempted Goods have been share by CA.Ankita Mahajan. HSN Codes for Exempted Goods Total HSN Codes 126 Any Chapter Yes Services Included Complete List of HSN Codes for Exempted Goods HSN Code Exempted Goods 0101 Live asses, mules and hinnies 0102 Live bovine animals 0103 Live swine 0104 Live sheep and goats 0105 Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls. 0106 Other live animal such as Mammals, Birds, Insects 0201 Meat of b

GST Application Status (Check GST Registration Status India)

Check GST Application Status Online through the procedure provided below (How to Check GST Registration Status in India). The Central Government has provided an online facility to check GST Application Status and also GST Registration Status. In our earlier articles, we have already clearly explained the GST Bill format for all Industries. In other words, GST Application Status means, a user can check the status of their GST Registration Application. To check the GST Application Status, you don’t need to remember all the details that you have submitted while making Application. Features of GST Application Status GST Application Status Facility Online GST Application Status Mode ARN Number GST Application Status Physically No How to Check GST Application Status Go to the link Provided below Enter the Regn Number Application Status will be displayed ARN No will be sent to your Mobile GST Application Status Gov Direct Link Types of GST Appl

GST Reverse Charge Exemption Rs.5,000 Per Day

An Exemption of Rs.5,000 Per Day has been Provided with respect to the GST Reverse Charge Provision. In simple words, if the total value of inward supply of goods or services or both in a single day from one or more unregistered persons exceed Rs. 5000, then the registered person has to pay tax on total value under GST reverse charge. This editorial on GST Reverse Charge Exemption has been contributed by Mr.Anand Jain. Details of GST Reverse Charge Exemption GST Reverse Charge Exemption Basis Turnover GST Reverse Charge Exemption Limit Rs.5,000 GST Reverse Charge Exemption Conditions Inclusive Central Government Notification on GST Reverse Charge Exemption The Central Government has issued Exemption Notification No. 8/2017-CT (Rate) dated 28-06-2017 giving relaxation to Registered Persons under GST from major (and draconian) compliance required under section 9(4) of the CGST Act, 2017. As per Section 9(4), every registered person (including compositi

AN INSIGHT INTO THE BIGGEST INDIRECT TAX REFORM-GOODS AND SERVICES TAX.

As we are all aware, there has been quite a buzz going around for a over a year now, regarding the functioning of the Good and Services Tax. For those whose questions are yet to be answered, here is a sneak peak into the the biggest indirect tax reform in India since 1947- Goods and Services Tax.It falls under the 122nd Constitutional Amendment,2014. So,to begin with,   WHAT EXACTLY  IS THE  GST BILL?  The Goods and Services Tax bill is that tax that will be levied on the manufacture,sale and consumption of goods and services.In the words of the Indian Finance Minister,Arun Jaitley, the GST bill will lead to the economic integration of the country. The main function of the GST is to transform India into a uniform market by breaking the current fiscal barrier between states. Thus the GST will facilitate a uniform tax levied on goods and services across the country. Currently, the indirect tax system in India is complicated with overlapping taxes levied by the Cen

GST INVOICE IN MS WORD FORMAT

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GSTR 3B Format (Download Format Excel PDF GSTR 3-B)

GSTR 3B Format Excel PDF Download: For the months of July and August, GST Returns shall be filed in Form GSTR 3B. The format for  GSTR 3B has been officially made available by the Central Government and we have provided the same below. The  GSTR 3B Format given here has been compressed for quick download and also optimized for mobile viewing. If you face any problems while downloading the  GSTR 3B Format or for any further suggestions relating to  GSTR 3B Format, post your comments below in our discussions section. Download GSTR 3B Format GSTR 3B Due Date 20th of this Month GSTR 3B Applicability July & Aug GSTR 3B Format Link Download Illustration of GST Calculation : GSTR 3B Format Let us assume that the GST is set at 20%. Suppose that the manufacturing cost of a Product A is 100 and assuming a GST of 20% the total amount is Rs. 120. The next step of taxation would be when the Product is sold to consumers, let’s say at a price of 150. So the

GSTR 1A Form (Download Excel PDF GSTR 1A Format)

GSTR 1A Form (Download GSTR 1A Format): To enter the Details of outwards supplies of goods or services, Return shall be filed in Form GSTR 1A. The format for GSTR 1A Form has been officially made available by the Central Government and we have provided the same below. The  GSTR 1A Form given here has been compressed for quick download and also optimized for mobile viewing. If you face any problems while downloading the  GSTR 1A Form or for any further suggestions relating to  GSTR 1A Form, post your comments below in our discussions section. Download GSTR 1A Form GSTR 1A Form Due Date        20th of Next Month GSTR 1A Form Purpose Outward Supplies GSTR 1A Form Link Download Illustration of GST Calculation : GSTR 1A Form Let us assume that the GST is set at 20%. Suppose that the manufacturing cost of a Product A is 100 and assuming a GST of 20% the total amount is Rs. 120. The next step of taxation would be when the Product is sold to consumers, le