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1.GST invoice no start from sl.no 1 from the month of April 2019, along with the financial year
  for example invoice no will be
   SGE/001/19-20 n it should not ecceeds 16
Character, And there should be HSN no compulsory of all items/product.
2.the filling system will be change from 2nd quarter or little bit earlier.
3.the nil returns tax payers will return through
SMS now
4.the returner should upload there invoices before or on 10th of every month to get the ITC, otherwise the ITC will count for next month.
5. The upcoming payment system will be changed futher.




Regarding forms n payment n how to fill I tell you upcoming post of mine.
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Comments

  1. AnonymousMay 13, 2019 at 12:50 AM

    hi. deepak here. i hv a grocery store with gst no. i hv also a cc limit of 10 lakhs. my monthly sale is around 3 lakhs. shud i cancel my gst no. as my yearly sale is below 40 lakhs? plz advise. thanks.

    ReplyDelete
    Replies
    1. AYUSMITAMay 13, 2019 at 7:23 AM

      No you should not cancel
      Yours GST no even if your yearly sale is below 40lakhs as you have a CC limit of 10 lakhs .

      Delete
    2. AnonymousMay 13, 2019 at 9:05 AM

      What is the relationship between cc limit with gst? I m unable to understand. Please clarify. Thanks.

      Delete
    3. AYUSMITAMay 13, 2019 at 10:19 AM

      Your CC is of 10lakhs
      Means as per bank your turnover should be of 50 lakhs not less to it,so if you cancelled your GST then your bank will not give you that much of loan or renew you CC when you further needed to grow your business in future. Meanwhile most of the banks Saw's GST and income tax return before Approving loans.

      Delete
  2. AnonymousMay 15, 2019 at 12:40 AM

    Thanks a lot for the clarification. So, I shud continue my GST number. :)

    ReplyDelete

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