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Saturday, January 28, 2017

Your Checklist for Availing GST Input Tax Credit


In the current tax regime, various conditions are applicable for availing input tax credit. A brief overview is given below:


Type of Input Tax Credit
Conditions for availing Input Tax Credit (ITC)
VAT
As a VAT dealer, you can avail credit of the VAT paid on goods purchased in the course of business, for re-sale or for manufacture of goods, subject to conditions. Only purchases from registered dealers within the state are eligible for ITC
CENVAT/Service Tax
As a manufacturer, you can avail CENVAT credit on all inputs used directly or indirectly in relation to the manufacture of final products. You can also avail ITC on the service tax paid on any input service.
If you are a service provider providing taxable service, you can avail ITC on the service tax paid on input services used for provision of the taxable services.


Monday, January 9, 2017

User Guide To Taxpayers for GST Enrolment App - Google App

1. Landing page:

User clicks on GST Enrollment App Icon, Goods and Service Tax landing page will be displayed.

Check I Agree check box and Click on Save and Continue button (This is mandatory check box)


 2. Home page:

Saturday, January 7, 2017

How can I view the FAQs and Help Documents at GST Common Portal ?

You can read any of the following artefacts/ documents available at the GST Common Portal:

  • System Requirements
  • Frequently Asked Questions (FAQs)
  • User Manual
  • Video Based Tutorial - CBT

To view the artefacts, you need to perform the following steps:
  1. Access the www.gst.gov.in URL. The GST Home page is displayed.
  2. Under the Help menu given below the GST Home page, click the relevant artefact option. The relevant artefact is displayed.



GST - Track Application Status

I am an existing taxpayer. How can I track status of my application for enrolment with GST that I have submitted?

As an existing taxpayer, you can enrol with GST at the GST Common Portal. On submission of the Enrolment Application, you will be given an Application Reference Number (ARN). You can track status of your application by tracking this ARN.

To track application status of Enrolment Application, you need to perform the following steps:

1. Access the www.gst.gov.in URL. The GST Home page is displayed.
2. Click the EXISTING USER LOGIN button.