A relief for all the registered taxable person- the due date of annual GST Return (GSTR-9) and reconciliation statement (GSTR-9C) for the financial year 2018-19 extended till 31st October 2020. Howsoever, to avoid the last-minute rush, file GSTR-9 and GSTR-9C at the earliest. Read more about Notification No. 69/2020.
42nd GST Council Meeting took place on 5th October 2020 via video conferencing, under the chairmanship of Union FM Smt. Nirmala Sitharaman. Here are the 8 key takeaways from the 42nd GST Council Meeting: 1. Any taxpayer whose turnover is less than INR 5 Crores can file a quarterly return WEF 1st January 2021, although …
CBIC announced non-adherence to e-invoicing provision will be waived for October 2020, keeping in mind the hardships faced by the taxpayers due to COVID lockdown. As per the press released by the CBIC, it is clear that: E-invoicing will be applicable for all those taxpayers whose annual turnover exceeds INR 500 Crores in any preceding …
