GST

What will happen if a trader is not able to undertake compliances under GST himself ?

The government will permit qualified individuals to become GST Practitioners under the GST. If the trader is not able to complete the compliances, he can use the services of GST Practitioners to help him. In each GST Commissionerate, there would be Facilitation Centers and help desks. GST Suvidha Providers (GSPs), who would develop software to upload data to the GSTN portal, would also be available.


Migratory FAQs


How GST is beneficial for traders ?


Are all traders need to register under GST ?


Is it mandatory to file monthly returns if a trader does not choose to pay tax under the composition system?


What are the details that need to enter in the form GSTR -1 ?


. Under GST, will traders be required to declare their IEC at the time of imports and exports?


Can traders claim the credit for IGST paid at imports to discharge their GST domestic liabilities? How can you do this if yes?


Is there a way to pay GST taxes for small traders?


Which is the eligible category to opt for composition levy What are the Special Category States where the turnover limit for the Composition Levy purpose for CGST or SGST purposes shall be Rs. 50 lakhs


What is the tax rate under the Composition levy ?


Who are the traders not eligible for the composition scheme?


What tax will a trader be required to pay?


If a person avails a composition scheme in a financial year, the turnover is Rs.75 Lakhs/Rs. 50 Lakhs in the course of the financial year, i.e. He crosses Rs.75 Lakhs/Rs. 50 Lakhs in December will he eligible tax under the composition scheme for the year?


How is the aggregate turnover calculated for composition purposes?


Is it possible for a person who has chosen to pay tax under the composition system to receive Input Tax Credit on his inward supplies?


A registered person who buys goods from a trader subject to the composition scheme can claim credit for purchases made by dealer ?


Is it required that monthly returns be filed by the person who chooses to pay tax under the composition plan?


What are the essential details enter in the form GSTR-4?


The composition scheme allows a person to opt for tax payment from unregistered persons. Is the composition dealer required to pay reverse tax? If yes, how?


What is the format in which a taxable person must give an indication for the option to pay tax under the composition scheme?