Gaurika Verma4d ago
Did you know that Input Service Distributors (ISDs) file GSTR-6 to share the input tax credit they've received? This form helps recipients claim that credit, keeps everyone compliant with GST rules, and makes the whole process transparent for tax authorities. Filing GSTR-6 on time is key for ISDs to avoid penalties! 💼
Visit our site 🔗https://www.setindiabiz.com/blog/gstr-6-gst-return
#GST #GSTR6 #InputTaxCredit #IndiaTax #Setindiabiz
What is GSTR-6? A Complete Guide to Input Credit Distribution

Learn what GSTR-6 is and its importance for Input Service Distributors (ISD). Discover the process of reporting input credit distribution in GSTR-6 returns.

Online Tax and Compliance Services for Startups and Small Business | Setindiabiz
Gaurika Verma4d ago

GSTR-1, detailing outward supplies, is a key GST return for most Indian businesses, filed monthly (typically for > ₹5 crore turnover) or quarterly (for ≤ ₹5 crore turnover). Timely and accurate filing with documents like invoices is crucial, as delays incur penalties like late fees and ITC blockage. Monthly due date is the 11th of the next month, and quarterly is the 13th after the quarter💼.
For more information 🔗https://www.setindiabiz.com/blog/gstr-1-gst-return

#GST #GSTR1 #TaxFiling #Compliance #Setindiabiz

GSTR-1 Filing Explained: Eligibility, Due Dates, and Compliance

Filing GSTR-1? Discover its meaning, due dates, penalties, and the step-by-step process to file returns accurately and on time.

Online Tax and Compliance Services for Startups and Small Business | Setindiabiz
efiletax5d ago

What is AATO in GST?

Your Annual Aggregate Turnover (AATO) is calculated PAN-wise using GSTR-3B returns.

Why it matters?
It decides if e-Invoicing is mandatory for you.

Check your AATO on GST portal → Stay compliant.

#GST #eInvoice

efiletaxApr 21

GST authority drops ₹115Cr demand on Mahindra & Mahindra over brand usage by group firms.
Only ₹31Cr + penalty upheld.
Sets a major precedent for Indian conglomerates using shared brand names.

Full explainer in 1 crisp table 👇

#GST #Mahindra

Gopi Adusumilli Apr 18

No plan to levy GST on UPI transactions over Rs 2,000: Govt #GST #UPI #RsGovt #socialnewsxyz

https://www.socialnews.xyz/2025/04/18/no-plan-to-levy-gst-on-upi-transactions-over-rs-2000-govt/

No plan to levy GST on UPI transactions over Rs 2,000: Govt - Social News XYZ

New Delhi, April 18 (SocialNews.XYZ) The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000. "The... - Social News XYZ

Social News XYZ
PapyrusBrigadeApr 9

I like the carbon tax. And I like the GST.

Why?

Carbon tax with rebate is a good carrot and stick approach to bring about behaviour change. Especially to reduce use of fossil fuels, which not only are burning up the planet, but literally fueling wars and genocide.

GST helps catch gaps in the income tax system. Wealthy people can use tax shelters to reduce/avoid income tax. But its not as easy to avoid the GST. And wealthy spend a lot.

#taxation #GST #CarbonTax

Gaurika VermaApr 9
Ready to get your GST registration? Head to the official GST portal (www.gst.gov.in) and click "Register Now"! It's a user-friendly online process. Just fill in your details, upload documents like PAN and Aadhar, and get verified. Once approved, you'll receive your GSTIN and can start filing returns. Get compliant and tap into the benefits of India's GST system!
Visit our site 🔗https://www.setindiabiz.com/blog/documents-required-gst-registration
#GST #India #Business #Registration #Online #Setindiabiz
Documents Required for GST Registration: Full Checklist

Explore the full list of documents required for GST registration for Sole Proprietorship, Partnership, LLP, and Company. Ensure hassle-free GST compliance.

Online Tax and Compliance Services for Startups and Small Business | Setindiabiz
efiletaxApr 5
From 3 to 6 Ledgers!
GST in 2017 was just the start.
By 2025, regular taxpayers get:
✔️ RCM tracking
✔️ ITC reversal log
✔️ Negative liability insight
Here’s how the GST ledger system evolved 🔽
#GST #Efiletax #IndiaTax
efiletaxApr 3

🚨 Massive Win for Buyers!

Gauhati HC rules Section 16(2)(c) can't block ITC if seller defaults on tax.
You paid GST. You deserve credit.
📚 Case: McLeod Russel v. UOI
📊 Here's your visual summary ⬇️

#GST #ITC #Efiletax #TaxLaw #Compliance #CaseAlert

efiletaxApr 2

📢 MANDATORY 2FA FOR e-WAY BILL & e-INVOICE SYSTEM
NIC introduces 2-Factor Authentication to boost GST portal security.
Login now requires:
✅ Username + Password
✅ OTP via: SMS / Sandes App / NIC-GST-Shield

Rollout in progress.
Compliance just got safer.
#GST #eInvoice #eWayBill