GSTN further improved the system for GST taxpayers
The Goods and Services Tax Network (GSTN) said on Tuesday that it’s made a provision within the network in order that the GST taxpayer will get information about their input decrease (ITC) and can be ready to fill the GSTR-9 with more convenience. Within the GST system till now, ITC has been calculated on the idea of supplier’s sales return GSTR-1, but its information wasn’t available at the bill level.
In such a situation, taxpayers are raising questions on the calculation of ITC. GSTN, the corporate that runs the whole network of GST, has issued a press release saying that each invoice or bill entered by the supplier is going to be shown and therefore the system showing its calculation against each bill has been developed within the network. during a statement issued by GSTN, “GSTN has today introduced a crucial system within the network system, through which the GST taxpayer will come to understand about the right status of the ITC coming in their annual return and with the assistance of it, it’ll give GSTR -9 are often crammed with more convenience. “The statement said that for this purpose, a replacement tab ‘Download Table-8A Detail’ has been launched in GST Portal of GST-9 Dashboard. This statement is going to be available from FY 2018-19.
A virtual seminar on GST and guidance was organized on Tuesday by the scholar organization of Siliguri branch of The Institute of Chartered Accountants of India (ICAI). The morning session was organized under the joint auspices of the Salician College (Siliguri).
CA during this Anil Mittal highlighted various aspects of GST. then CA Sarabjit Hora took a guidance session. He encouraged scholars to adopt the CA course. On this occasion, Dr Babu Joseph, Assistant Principal of Salician College (Siliguri), professor Surendra Kumar Saha and Jayita Shah also guided the scholars. CA Naresh Aggarwal, president of Siliguri branch of ICAI, welcomed all the visitors by keeping a welcome statement. About 230 students participated in it.
A separate guidance session was organized within the afternoon also through the online aegis of Siliguri Model high school. In this, CA Aditya Jaiswal guided the courses for the CA course. During this session also, the welcome statement was made by CA Naresh Aggarwal, president of Siliguri branch of ICAI. At an equivalent time, the vote of thanks was Dr S. Siliguri Model high school Principal. S.Aggarwal did it. during this session, RS of Siliguri Model highschool. About 75 students including Bindu Aggarwal and Deputy Principal Shikha Banik were involved.