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    Ankur Biswas
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    This document discusses various components of the Goods and Services Tax (GST) in India. It explains that CGST is collected by the Central Government, SGST by state governments, and IGST by the Central Government on inter-state sales. It also outlines the different types of sales and deadlines for invoicing, e-invoicing, e-way bills, and various GST return filings like GSTR-1 and GSTR-3B. The document concludes by covering GST TDS provisions for goods and services, as well as other common TDS sections like 192B, 194C, 194J and 194Q, and their deposit and return filing deadlines.

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    This document discusses various components of the Goods and Services Tax (GST) in India. It explains that CGST is collected by the Central Government, SGST by state governments, and IGST by the Central Government on inter-state sales. It also outlines the different types of sales and deadlines for invoicing, e-invoicing, e-way bills, and various GST return filings like GSTR-1 and GSTR-3B. The document concludes by covering GST TDS provisions for goods and services, as well as other common TDS sections like 192B, 194C, 194J and 194Q, and their deposit and return filing deadlines.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    5 views4 pages

    Compliance

    Uploaded by

    Ankur Biswas
    This document discusses various components of the Goods and Services Tax (GST) in India. It explains that CGST is collected by the Central Government, SGST by state governments, and IGST by the Central Government on inter-state sales. It also outlines the different types of sales and deadlines for invoicing, e-invoicing, e-way bills, and various GST return filings like GSTR-1 and GSTR-3B. The document concludes by covering GST TDS provisions for goods and services, as well as other common TDS sections like 192B, 194C, 194J and 194Q, and their deposit and return filing deadlines.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 4

    COMPONENT OF GST

    CGST  tax collected by the Central Government

    SGST tax collected by the state government

    IGST tax collected by the Central Government 

    TYPES OF SALES

    1) SCRAP SALES

    2) STORE MATERIAL

    3) MANUFATURING ITEMS

    4) WORKSHOP DEBIT

    INVOICING = REAL TIME

    ENVOICING = REAL TIME

    E WAY BILL = REAL TIME

    GSTR-1 = ON OR BEFORE THE 10TH OF SUCCEDING MONTH


    UPLOADED IN CYGNET PORTAL

    GSTR3B = ITC RECONCILIATION ON OR BEFORE 20TH OF SUCCEDIN


    MONTH
    FILING OF GSTR3B ON ON OR BEFORE 20TH OF SUCCEDI
    MONTH

    GST TDS ON GOODS AND SERVICES

    GST TDS CONSIST OF CGST, SGST & IGST TDS

    IT IS DEDUCTED AT THE TIME OF POSTING/ PASSING OF BILL.


    DEDUCTED TDS AMOUNT IS DEPOSITED BEFORE 10TH OF SUCCEDING MONTH
    AND RETURN IS ALSO FILED BEFORE 10TH OF SUCCEDING MONTH

    OTHER TDS

    192 B RELATED TO SALARY

    194 C ON BILL RELATED TO REPAIR AND SERVICE

    194 J RELATED TO PROFESSIONAL BILL

    194 Q ON PROCUREMENT OF GOODS

    TDS DEPOSITED ON OR BEFORE THE 7TH OF THE SUCCEDING MONTH


    AND RETURN IS FILED QUATERLY.
    CCEDING MONTH

    ORE 20TH OF SUCCEDING

    FORE 20TH OF SUCCEDING


    DING MONTH

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