One such provision is Input Service Distributor (ISD) adopted from the Service Tax Regime. An ISD guarantees that the regular use and billings divided among an association’s branches/sub-units are unified. Moreover, the utilization of this idea additionally improves the ITC claiming cycle and improves the credit cycle as well. To stay GST compliant an Input Service Distributor (ISD) needs to file GSTR 6 on or before the 13th of the succeeding month. So, in this blog, we will reveal 10 points that you should consider before filing GSTR-6. 

Upcoming changes in GSTN and its impact on the present GST return filing system

By Gunjan Prabhakaran It has been over three years since the introduction of GST, and it’s been a roller coaster ride for all the stakeholders. There continues to be several areas of inconsistency between the GST law and the GST portal. To name a few, GSTNportal does not have a functionality to link multiple invoices with a single credit note, non-availability of date of filing of the GST returns…

Notifications issued by CBIC on 31st August 2019

On 31st August 2019, the Central Board of Indirect Taxes and Customs (CBIC) have issued 4 notifications in which various amendments have been introduced.

In notification no. 38/2019-central tax – the CBIC has waived the requirement to file the Form ITC – 04 for the period July 2017 to March 2019 . However, the CBIC has not waived the requirement to file the Form ITC – 04 in the cases where the…