FAQs

How can I claim GST TDS Credit?

How can we claim GST-TDS Credit while paying GST Output Tax On Sale?

GSTR 7 – GST Return for TDS refund

GSTR 7 is a return that has to be filed by taxpayer who wish to claim TDS and Reduce his GST payments. The GSTR-7 for a particular month can be filed upon the completion of that month. Once GSTR 7 has been filed by the deductor, the details of tax deduction will be auto populated in Part C of GSTR 2A of the deductee and accordingly he can set off this amount against his output tax liability.

Contact SmartCA 93808-02000

Are Traders Eligible for MSME Registration and Benefits?

Traders in India is not eligible for MSME Registrations and Benefits Under MSME Development Act. They cant enjoy the benefits of Interest Subvention, Electricity Subsidy, Collateral Free Loans, Free Company Registration,etc.

Only Manufacturers and Service Providers can register themselves under MSME Development Act as MSME.