Web1,172 Likes, 35 Comments - Poornima_Sajeevan (@finance_doctor_) on Instagram: "Every vendor and every business owner who has GST registration should mandatorily provide their G..." Poornima_Sajeevan on Instagram: "Every vendor and every business owner who has GST registration should mandatorily provide their GSTIN on their invoice. WebNov 24, 2024 · Extended GSTR 9A Form Filing Due Date For FY 2024-19and 2024-20: GSTR 9A Composition Annual Return. Due date. FY 2024-18. 31st January 2024 (Date Showing After Login on GST Portal) FY 2024-19. 31st December 2024 Extended Check gst.gov.in. FY 2024-20. 31st December 2024.
How To Opt-In For Composition Scheme For The Financial Year …
WebMay 18, 2024 · The composition scheme under the GST Act has been introduced to benefit the startups. Key Features of the composition scheme are listed out in this article. 9870310368 8860712800. Advisory & Audit. ... Unlike 3 returns every month in the case of a regular taxpayer under the GST. GSTR-4 is required to be filed by a composition dealer. WebApr 13, 2024 · He can opt for the composition scheme under GST, where he will have to pay a fixed percentage of his turnover as tax instead of the regular GST rate. Assuming he chooses to opt for the composition scheme, he will have to pay tax at the rate of 1% on his turnover. Therefore, his annual tax liability would be Rs. 40,000 (1% of Rs. 40 lakhs). aquaterra chinook kayak specs
GST Composition Scheme Rules Composition GST Rates
WebJan 9, 2024 · GSTR-4 is the GST return form for composition dealers. Unlike regular taxpayers, who must file up to three returns per month, composition dealers must only file one return per year in the form of GSTR-4. In most cases, the deadline for filing the GST competition return is April 30th, following the assessment year. Web2. Petitioner could not make a switch over from the Composition Scheme under which it was registered, to a regular dealer as according to him, the refund Form GST ITC-01 could not be filed within the due date i.e. 12.08.2024 reckoning the period from 12.07.2024 i.e. the last date for submission of the Form GST ITC-01. WebMar 6, 2024 · A business will need to comply with the following rules, as per the composition scheme under GST: No Input Tax Credit can be claimed. No Inter-state … aquaterra chinook kayak parts