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Filing GSTR-1 Quarterly Returns

      In order to make compliance easier for the small and medium businesses, , it was decided to introduce the quarterly GST returns, in the 22nd GST Council meeting held on 10th November, 2017. The businesses with aggregate turnover of up to 1.5 crores are allowed to opt for quarterly returns. For July Read More

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E-Way Bill Notification

  E-Way Bill Notification – Recommendations of the 24th GST Council Meeting   The GST Council in its 22nd meeting held on 6th October, 2017 had decided and recommended that the e-way bill under GST shall be introduced in a staggered manner with effect from 1st of January, 2018, and will be fully rolled out nationwide from the Read More

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Impact of Recent GST Updates on Small Businesses

After the 22nd GST Council meeting on 6th October ’17 and 23rd GST Council meeting on 10th November, ‘17, the Government announced major changes in the GST Law and Rules. In this blog, let us understand the impact of these GST updates on small businesses. 1.RCM on purchases from unregistered dealers suspended Previously, persons registered under GST were liable Read More

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