Circular No. 140/10/2020, Dated: 10.06.2020 has been issued for clarification on GST Applicability on Whole-time Director, Managing Director and Independent Director. Read more about CBIC Circular No. 140/10/2020
40th GST Council Meeting held today i. e. 12.06.2020 through video conferencing under the chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman. This is the first GST Council Meet Post Lockdown. Key highlights and recommendations related to Law and Procedures made in the meeting – • Waived late fee for non-filing of …
Notification No. 41/2020-Central Tax, Dated: 5th May, 2020 has been issue for extending due Date for filing of Annual Return for FY 2018-19 till 30th September, 2020. Read More Notification No. 41/2020
Notification No. 40/2020-Central Tax, Dated: 05th May, 2020 issued to extend the validity of e-way bills 31.05.2020 for all those e-way bills which were generated on or before 24.03.2020 and had expiry between the period from 20.03.2020 to 15.04.2020. Read More Notification No. 40/2020
Notification No. 38/2020-Central Tax, Dated: 5th May, 2020 has been issued for allowing companies to file GSTR-3B returns through electronic verification code (EVC) till 30th June,2020. Read More Notification No. 38/2020
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 …
Notification No. 06/2020 – Central Tax, Dated: 03rd February, 2020 has been issued for extending the Due date for filing of Annual Return (GSTR-9) & Reconciliation Statement (GSTR-9C) for the period of 01.07.2017 to 31.03.2018 till 5th February & 7th February according to the registered place of business. Read More Notification No. 06/2020
CBIC has issued 5 new notifications related to GST dated 30th December 2019, 31st December 2019 and 1st January 2020. Details of all notifications issued have been mentioned below. Notification No’s. Notification Summary Notification No. 01/2020 Notification No. 01/2020-Central Tax, Dated: 01st January 2020 has been issued for notifying 01st January, 2020 as a date …
