The provisions made under GST define a Casual Taxable Person as any individual who transacts goods and services occasionally while acting as a Principal, Agent or in any other capacity for the furtherance of the business, but does not possess any fixed place of business in the given taxable territory,
Under GST regime, in order to deliver the goods in a hassle-free manner, a transporter (Registered and Unregistered) is required to fulfil the 5 key responsibilities in the given article.
Form CMP 08 (Replacing form GSTR 4) is a quarterly return form which is required to be filed by every taxpayer who has opted-in for the Composition Scheme under GST. Form CMP 08 will be applicable from FY 2019-2020 onwards
Your GSTR 1 could have invoices uploaded on your recipients and you need to take actions on such invoices while filing GSTR 1 returns. Read to know more about missing invoices and how to take actions.
The 36th GST Council Meeting was held on 27th July 2019 with the prime agenda being - reduction of GST rates applicable on Electric Vehicles.