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GSTR-3B is a monthly self-declaration return that every GST-registered taxpayer must file. It includes details of sales, input tax credit, and tax payable, along with key due dates and penalties for late filing. Keep reading to learn.
Late fees for not filing GSTR-1 are 200 per day of delay which constitutes Rs. 100 for CGST Act and Rs.100 for the SGST Act look through to know more about due dates.
GST applicability on electrically operated vehicles explains how electric vehicles are taxed in India. Learn about all GST rates, exemptions, and government steps to promote eco-friendly transport. Click here to know more.
GSTR-1 is a GST return that lists all outward supplies or sales. It must be filed monthly or quarterly by registered taxpayers. To learn more about GSTR-1 Return Filing: Rules, Due Date, Format & Penalties, click here.
GST Input Tax Credit or ITC can be beneficial for every business personnel and entity as it reduces the Tax amount at a larger scale. Be aware of the process to claim the benefits with ease.
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