Step 6: Next, you'll get details of your payment including your challan number. Step 7: It is important to report your payment after you've made the payment. You can easily calculate how much advance ...
You can generate the bill from the GST portal. Making sure you pay the correct amount towards GST is important since failing to do so could result in you being charged an 18% interest penalty on the ...
Getty Images New GST DRC-03A online form notified to help taxpayers adjust tax demand amount For instance, if you have a pending GST demand order of Rs 200 and you've already made a payment of Rs 50 ...
To address the issue of strict penalties faced by MSMEs for delays in GST payments or return filings, the report said the government should introduce a tiered penalty structure that takes into ...
The Goods and Services Tax (GST) system was implemented in India in 2017 to unify taxation and enhance transparency and efficiency in the tax process. GST bills are frequently used to settle claims ...
It is informed that Form GST SPL-01 and Form GST SPL-02 are under development and the same will be made available on the common portal tentatively from the first week of January 2025," said GSTN.
to allow taxpayers to offset tax demand amounts that have already been paid in response to a specific GST demand order. “The new Form DRC-03A benefits taxpayers by ensuring their payments are ...
Use our free mortgage calculator to get an idea of what your monthly mortgage payment could look like. Simple mortgage calculator Calculating your mortgage payment A mortgage calculator can help ...
Under the new invoice management system, GSTR-2B will now be generated quarterly instead of monthly for taxpayers who file returns on a quarterly basis. However, for the first two months of the ...