Here are the key highlights of budget 2021: Income tax relaxation for senior citizens if their source of income includes only pension and interest income. Aim to complete 11,000 km of national highway infrastructure this year. INR 35,000 crores for the Covid-19 vaccine. PM Aatmanirbhar Swastha Bharat to be launched with an outlay of INR …
As per Notification No. 02/2021-Central Tax, CBIC has amended the jurisdiction of Chief Commissioner of Central Tax in terms of Commissioner (Appeals) and Additional Commissioner (Appeals) for New Delhi & Mumbai. Read more about Notification No. 02/2021
As per the CBIC Notification (Notification No. 01/2021), the Central Government, on the recommendations of GST Council has amended certain rules of Central Goods and Services Tax Rules, 2017. Read more about Notification No. 01/2021
As per the recent Notification (No. 94/2020-Central Tax), the government on the recommendation of GST Council seeks to make fourteenth amendment (2020) to the CGST Rules 2017. Read more about Notification No 94/2020
As per the recent Notification (No. 93/2020-Central Tax), the government on the recommendation of GST Council has decided to waive of the late fee payable for delay in furnishing of FORM GSTR-4 for the Financial Year 2019-20 under section 47 of the said Act, from the 1st day of November, 2020 till the 31st day of December, …
As per the recent Notification (No. 92/2020-Central Tax), the Central Government appointed the 1st day of January, 2021, as the date on which the provisions of sections 119, 120, 121, 122, 123, 124, 126, 127 and 131 of the said Act shall come into force. Read more about Notification No 92/2020
As per (Notification No. 91/2020 – Central Tax), the Government on the recommendation of GST council has extended the due-date of compliance by any authority in respect of anti-profiteering measures under GST falling under the period 20th March 2020 to 30th March 2021 till 31st March 2021. Read more about Notification No. 91/2020 – Central …
Blocking for direct generation of E-way Bill for invoices eligible for registration on the E-invoice system will be applicable from 31/12/2020. E-Way bill by IRN API will be used for generation of e-way bill from the above-mentioned date of applicability for invoices applicable for E-Invoice. News Source – https://einv-apisandbox.nic.in/
CBIC on the recommendation of the GST Council Notified (Notification No. 90/2020 – Central Tax ) 8 digit HSN code must be mentioned on the tax invoice on specified products classifying under various tariff items of Chapter 28, 29, 38 & 39 of CTA (Mainly Chemicals and Plastic items). Click here, to Know the Specified …
