Comprehensive Announcement on relief for Statutory Compliance Regulations by Hon’ble Finance Minister on 24/03/2020 at 2.24 PM For Relief Amid Coronavirus Outbreak Income Tax VIVAD SE VISHWAS SCHEME – Date extended to 30 June 2020 from 31 March 2020. No 10% additional charge will be levied for all applications made till this date. Investment benefits …
Recommendations made in 39th Meeting of the GST Council held on 14th March, 2020 are as follows: E-Invoicing and QR code applicability deferred to 1st October, 2020.Present returns in GSTR-1 & Form GSTR-3B to continue till September, 2020. New returns are likely to be implemented from 1st October, 2020. Filing of GSTR-9C has been waived …
New Changes Made Under E-Invoicing E Invoice System has been enabled for tax payers with turn over 100-500 crores in the previous financial year. However, this is enabled only for testing on the sandbox and not in production. Access to production for tax payers with turnover between 100 and 500 crores will be provided only …
