GST

How to File NIL GST 3B Returns Via SMS ?

by Askbanking September 24, 2020 GSTLeave a comment

Know the step by step process to file nil GST 3B returns via SMS. Government of India, Finance Ministry has now permitted to file the NIL GST Returns through SMS post following the certain guidelines. The Central Board of Indirect Taxes and Customs (CBIC) said that the filing of NIL statement in GSTR-1 form would […]

GST

Mutual Fund Exit Load & Credit Card Dues Are Taxable Under GST

by Askbanking June 5, 2018June 23, 2018 GSTLeave a comment

Now GST on Mutual Fund Exit Load & Credit Card Dues – The government informed that interest charged on outstanding credit card dues, finance lease and exit fees paid by mutual fund investors will be taxable under GST. Further, interest levied on loans are not taxed, any additional interest for delayed payment has also been kept […]

GST

No GST E-way Bills requirement for Goods Worth up to Rs 50,000

by Askbanking March 11, 2018April 3, 2018 GSTLeave a comment

e-Way relataxtion up to Rs 50,000 – Goods and Services Tax (GST) Council has made inter-state movement of goods worth over Rs 50,000 to have e-way bills from April 1. The requirement for such bills in intra-state movement would be implemented in a phased manner. It means the council has given the relaxation for small delivery and e-commerce, courier companies […]