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Get the free Two cheers for GST's anti-profit wing - The Hindu BusinessLine

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ANTIPROFITEERING Mandala Srinivasan IRS Member State Screening Committee TelanganaINTRODUCTION A businessman has the moral right to make a reasonable margin of profit. As he invests and takes risk.
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Two cheers for GSTs is a form used by taxpayers to report their goods and services tax (GST) information to the tax authorities.
All businesses and individuals registered for GST are required to file two cheers for GSTs.
Two cheers for GSTs can be filled out online or submitted manually by entering all relevant GST information such as sales, purchases, and input tax credits.
The purpose of two cheers for GSTs is to accurately report GST information to the tax authorities for compliance and audit purposes.
Information such as sales, purchases, input tax credits, GST collected, and GST paid must be reported on two cheers for GSTs.
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