What is Goods and Services Tax, and how to calculate GST?
GST is Indirect Tax system imposed by the Government on the utilization of the product on every stagge on net value. We have explained how to calculate GST on product with example.
Venkkatesh Kake
About Venkkatesh Kake
Posts by Venkkatesh Kake:
What is Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 is an amnesty scheme lodged in Finance Act 2019 (No. 2). It is a Tax Dispute Resolution scheme boldly introduced by the Prime Minister Shri Narendra Modi Government to unload the baggage relating to the past taxes viz. Central Excise and Service Tax that have been subsumed under Goods and Services Tax and allow business people to make a new beginning and focus on GST to address the unclosed disputes in Central Excise and Service Taxes.
Handling System Failure error in GST Common Portal
As the GST Act, rush on the country like a racket, the GSTN was not gifted a fully troubleshooted GST IT System. When the Taxpayers are started using the GST Common Portal error were started to roll out even after 6 months. As an Accounts Professional, i had faced many technical issue while i work […]
What is emSigner Utility, How to Install emSigner for GST?
In order to register the Digital Signature Certificate of an Authorized Person in GST Common Portal, emSigner Utility Software must be installed in your Computer to complete the Registration or Updation of the DSC in GST Common Portal, which will be used to sign the applications and returns in the portal, electronically. What is emSigner Utility […]
Invoice added in the B2B of GSTR1 is missing error
Outwards supplies of B2B transactions uploaded through offline mode in the GSTR1 return are missing after processed by the GST Common portal. If there is any error in the JSON file format, we tried to enter the missing record in online mode in the GSTR1 return. But that is not updating due technical problem in […]
GSTR1 dates extended further and GST Returns filing dates
Today i.e. on 29-12-2017, the Government of India has released a Notification No. 71/2017 and 72/2017 of Central Tax of Goods and Services Tax Act (GST) regarding the extension of filing GSTR1 for August thru November 2017. All the Tax Professionals, and Taxpayers are in hurry to submit their three months (August, September, and October) […]
Do not submit mismatched GSTR1 returns in GST Portal
Do you see any mismatch figures in your GSTR1 Return report? Yes i do, total value in the HSN Summary Reports mismatched against the total net outward supplies in September month while previewing the GSTR1 Return. I have contacted with the GST Technical Team regarding the technical issue that is see in the HSN Summary […]
What is Composition Scheme Under GST Act?
Composition Scheme is a kind tax collection process under GST Act., 2017. And it is designed by keeping the small tax payers in mind which will give them to file the returns easily and with less tax compliance. The Composition Scheme under GST is designed for small tax payers. This scheme is an optional and […]
How to Cancel GST Registration under Provisional Registration?
GST Act, enables the GST Tax Payer; who migrated from VAT Tax regime to GST Tax regime either by willing or auto-migrated by the GST System itself; to cancel their Provisional GST Registration. Let us understand how can we do that as per GST Act, 2017. Cancellation of provisional GST Registration for the purpose of […]
GST Meetings, GST Notification
Goods and Services Tax Meetings & Notification RECOMMENDATIONS FOR CHANGES IN GST/IGST RATE ANDCLARIFICATIONS IN RESPECT OF GST RATE ON CERTAIN GOODS[As per discussions in the 23rd GST Council Meeting held on 10th November, 2017] What is AccountsGuy.Net We are the pioneer in Technology driven Accounting and Taxation service provider in Kurnool since last 5 […]