{"id":673,"date":"2018-08-27T12:15:55","date_gmt":"2018-08-27T12:15:55","guid":{"rendered":"https:\/\/isschennai.com\/index.php\/about\/"},"modified":"2023-10-31T11:05:53","modified_gmt":"2023-10-31T11:05:53","slug":"gst","status":"publish","type":"page","link":"https:\/\/isschennai.com\/index.php\/gst\/","title":{"rendered":"GST"},"content":{"rendered":"<style>\/*! elementor - v3.7.7 - 20-09-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style>\n<h2>GST<\/h2>\n<h3><a href=\"http:\/\/isschennai.com\/wp-content\/uploads\/2023\/10\/GST-Samadhan-scheme-0ct-23-1.jpeg\">GST SMADHAN SCHEME 2023<\/a><\/h3>\n<h3><a href=\"http:\/\/isschennai.com\/wp-content\/uploads\/2022\/12\/GST-RATES-AND-TARIFF.pdf\">GST RATES AND TARIFF<\/a><\/h3>\n<h3><a href=\"http:\/\/isschennai.com\/wp-content\/uploads\/2022\/12\/GST-Registration-Forms-1.pdf\">GST Registration Forms <\/a><\/h3>\n<h3><a href=\"http:\/\/isschennai.com\/wp-content\/uploads\/2022\/12\/GST-Returns-Forms.pdf\">GST  Returns forms <\/a><\/h3>\n<h3><a href=\"http:\/\/isschennai.com\/wp-content\/uploads\/2022\/12\/GST-ITC-Forms.pdf\">GST  ITC forms <\/a><\/h3>\n<style>\/*! elementor - v3.7.7 - 20-09-2022 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:-webkit-box;display:-ms-flexbox;display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);-ms-flex-negative:0;flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:-webkit-box;display:-ms-flexbox;display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{-webkit-box-align:center;-ms-flex-align:center;align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;-webkit-box-flex:1;-ms-flex-positive:1;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{-webkit-box-flex:0;-ms-flex-positive:0;flex-grow:0;-ms-flex-negative:100;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-container>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow,0)}<\/style>\n<p>The Goods and Services Tax (GST) is a tax on goods and services consumed in India. GST is an indirect tax that has replaced many other indirect taxes in India, such as excise duty, VAT, and services tax. GST has been in force from 1st July 2017 based on the Goods and Service Tax Act passed by the Indian Parliament on March 29, 2017. Goods and Service Tax is a tax levied on the supply of goods and services right from the point of manufacturing to final consumption by the user.<\/p>\n<style>\/*! elementor - v3.7.7 - 20-09-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1000\" height=\"667\" src=\"http:\/\/isschennai.com\/wp-content\/uploads\/2022\/09\/GST.jpg\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/isschennai.com\/wp-content\/uploads\/2022\/09\/GST.jpg 1000w, https:\/\/isschennai.com\/wp-content\/uploads\/2022\/09\/GST-300x200.jpg 300w, https:\/\/isschennai.com\/wp-content\/uploads\/2022\/09\/GST-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>GST is a simplified indirect tax structure, wherein tax paid on goods\/services procured by one person at one stage can be availed as credit while passing on the goods\/services to the next stage, until they reach the final consumer who bears incidence of tax. In the GST Regime, businesses whose turnover from sale of goods exceeds Rs. 40 lakhs (Rs 20 lakhs for NE and hill states) or turnover from providing services exceeds Rs 20 lakhs is required to register as a normal taxable person. For certain other businesses, registration under GST is mandatory irrespective of turnover, like those paying tax under the reverse charge mechanism, supply to SEZ, Exports, etc.\u00a0<\/p>\n<p>As per the Goods &amp; Service Tax Act, any company or person registered as tax payer is required to give details of his supply and discharge tax liability and do the GST return filing on a monthly basis. It is the responsibility of the registered taxpayer to pay GST with the government within the 20th of the succeeding month by filing GST 3B &amp; file details of outward supply on a monthly \/quarterly basis before the 11th \/20th of the succeeding month\/quarter based on the scheme applicable to him. In addition, all registered person has to file an annual return if the total supply in a year exceeds Rs 2 crores and get their GST audited if the total supply exceeds Rs 5 crores.<\/p>\n<h2>What is HSN Code?<\/h2>\n<p>HSN code stands for \u201cHarmonized System of Nomenclature\u201d. This system has been introduced for the systematic classification of goods all over the world. HSN code is a 6-digit uniform code that classifies 5000+ products and is accepted worldwide. It was developed by the World Customs Organization (WCO) and it came into effect from 1988.<\/p>\n<p><a href=\"https:\/\/isschennai.com\/wp-content\/uploads\/2022\/12\/Reverse-charge-mechanisam-in-GST.pdf\">REVERSE CHARGE MECHANISAM IN GST<\/a><\/p>\n<h2>We will happy to see you growing.<br \/> let&#8217;s Join Hands.<\/h2>\n<p>\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/contact-us\/\" role=\"button\"><br \/>\n\t\t\t\t\t\tContact Us<br \/>\n\t\t\t\t\t<\/a><\/p>\n<h4>Indian Statutory Services<\/h4>\n<p>\t\tA team of Committed, Qualified and Experienced finance professionals to empower your business model to succeed.\t\t<\/p>\n<h4>Quick Links<\/h4>\n<link rel=\"stylesheet\" href=\"https:\/\/isschennai.com\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/taxation\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tTaxation<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/gst\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tGST<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/income-tax\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tIncome Tax<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/professional-tax\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tProfessional Tax<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/labour-law-compliance\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tLabour Law Compliances<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/esi\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tESI<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/epf\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tEPF<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/contract-labour-act\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tContract Labour Act<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/shop-establishment-act\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tShop &#038; Establishment Act<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/factories-act\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tFactories Act<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/labour-welfare-fund\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tLabour Welfare Fund<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/legal-services\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tLegal Services<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/drafting\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tDrafting<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/registrations\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tRegistrations<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/accounting\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tAccounting<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/tally-accounting\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tTally Accounts<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/tds\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tTDS<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/isschennai.com\/index.php\/payroll\/\"><br \/>\n\t\t\t\t\t\t\t\t\t\tPayroll<br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<h4>Contact Us<\/h4>\n<h6>\n\t\t\t\t\tIndian Statutory Services<br \/>\n\t\t\t<\/h6>\n<p>Tax and Labour Law, Audit &amp; Legal Services<\/p>\n<p>\t\t\t\t\t\t\t1\/217, TNHB 1st Block, Mugappair West,<br \/>Chennai-600037<\/p>\n<p>044-26535795<\/p>\n<p>+91 9840075284<\/p>\n<p>iss901@gmail.com<\/p>\n<p><strong>Copyright \u00a9 Indian Statutory Services<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST GST SMADHAN SCHEME 2023 GST RATES AND TARIFF GST Registration Forms GST Returns forms GST ITC forms The Goods and Services Tax (GST) is a tax on goods and services consumed in India. GST is an indirect tax that has replaced many other indirect taxes in India, such as excise duty, VAT, and services &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/isschennai.com\/index.php\/gst\/\"> <span class=\"screen-reader-text\">GST<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":null,"stick-header-meta":null,"header-above-stick-meta":null,"header-main-stick-meta":null,"header-below-stick-meta":null,"footnotes":""},"_links":{"self":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages\/673"}],"collection":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/comments?post=673"}],"version-history":[{"count":117,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages\/673\/revisions"}],"predecessor-version":[{"id":2327,"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/pages\/673\/revisions\/2327"}],"wp:attachment":[{"href":"https:\/\/isschennai.com\/index.php\/wp-json\/wp\/v2\/media?parent=673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}