After GST implementation, the demand for employment increased
After GST implementation, demand for employment increased, CICU will provide Tally-ERP 9 courses to youth. After the implementation of GST, the demand for tax professionals within the industry is continuously increasing. In such a situation, there’s an endless increase in jobs for the youth during this sector. Every industry has grown rapidly in reference to GST and data entry.
To overcome this gap and make the youth self-reliant, the Advance Live Training session is going to be organized at the Skill Development Center at Gill Road, Chamber of commercial and Commercial Undertaking (CICU). this is often expected to open the way of employment for the youth.
Focus on advance from basic
This session will specialise in advanced from basic of Tally-ERP 9. In this, youth are going to be focused on important topics including manual accounting, tally ERP features, tally accounting vouchers, tally inventory vouchers, GST billing, TDS & TCS, order processing, BOM, paperwork in and out orders, payroll system. After this course, work also will be done on getting assured jobs from the Chamber.
Demand for Tally and GST within the industry
CICU Principal Upkar Singh Ahuja said that there’s tons of demand within the industry regarding Tally and GST. The industry is facing heavy shortage thanks to this. In such a situation, such courses are organized from time to time insight into the demand of the industry. In order that the demand of the industry is often met alongside providing employment to the youth.
GST filing relief to composition taxpayers, quite 17 lakh taxpayers are going to be ready to file returns
GST Network (GSTN) has made the annual return form GSTR-4 available for composition taxpayers with this, quite 17 lakh composition taxpayers are going to be ready to file annual returns for the year 2019-20 on the GST portal. Within the year 2018-19, the composition taxpayer has got to fill the shape GSTR-4 quarterly, but within the year 2019-20, Form GSTR-4 has got to be filled on an annual basis. Thus, despite the name is one, both the forms GSTR-4 are completely different from one another.
The last date for filing the annual return form GSTR-4 for the fiscal year 2019-20 has been extended to 31 August 2020 within the tax period year 2018-19. It had been necessary for composition taxpayers to fill Form GSTR-4 on a quarterly basis but don’t need to file returns on a quarterly basis for the year 2019-20.
Only one statement has got to be filed quarterly in Form GST CMP-08. Filing Form GSTR-9A for annual returns in FY 2018-19 was optional. Annual returns will need to be filled within the new form GSTR-4 in FY 2019-20