Wednesday, 2 March 2022

Google Map Location is now Compulsory for GST Registration

 The Goods & Services Tax (GST) Department has made an amendment in the GST Registration process. From Now onward the department has made it compulsory to enter the exact Google Maps location of Business premises  while doing new GST Registration or while adding a new place in existing GST Number or making changes in Principle place or...

Sunday, 5 December 2021

How to apply Letter of undertaking (LUT) on GST Portal

LUT - Letter of Undertaking is a GST RFD-11 form that every taxpayer who exports Goods or Services needs to furnish in order to make exports without payment of Tax.  Steps to Apply LUT on your GST Portal Below are the steps to be followed on GST Portal to furnish LUT:Step 1: Login to GST Portal with your Unique USER ID & Password    ...

Sunday, 21 November 2021

What is Annual Information Statement (AIS) and How to download it from IT portal

 What is an Annual Information Statement (AIS)? Annual Information Statement (AIS) is a comprehensive statement that contains information related to the various source of income earned by taxpayers in relevant financial years like salary, dividend, interest from saving account, recurring deposits, fixed deposits, sale and purchase of equity...