Due Date to File GST TRAN-1 Extended

Through the press release of the 21st GST Council meeting held in Hyderabad on 9th September 2017, it had been clarified that that the due date to file GST TRAN-1 has been extended till 31st October, 2017. The decision was applauded by most businesses, since it provided…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

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What is Form GST TRAN-1 and when to File it

Businesses having carry over Cenvat credit and Input VAT credit are allowed to carry forward the eligible Cenvat/Input Credit (ITC) from earlier regime to GST. The Cenvat credit including Service Tax will be carried forward as CGST Input Tax credit and VAT including entry tax…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

176,323 total views, 85 views today