Earlier, every registered person whose aggregate turnover during a financial exceeds Rs. 2 crore was required to get his accounts audited as specified under section 35 (5) of the CGST Act and was required to furnish a copy of audited annual accounts and a reconciliation statement, duly certified from GSTR-9C.
In compliance of recently concluded GST Council meeting and recommendations made by the Council therein, the CBIC has issued various notifications to give effect to some of those recommendations on 05.07.2022.
Compliance Calendar for the month of July 2022
In this article, the author has examined the recent decision in Northern Operating supra and its implications under GST.
You may wonder the impact of the recommendations of the GST Council meeting concluded on 29th and 30th June 2022. We bring a concise summary of changes pursuant to said meeting for better understanding.
The GST Council met for the 47th time on 28th& 29th June 2022 at Chandigarh.
GST is not merely a tax reform but a milestone in realising Sardar Vallabhbhai Patel's dream of building 'Ek Bharat - Sreshtha Bharat'.
The 47th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here in Chandigarh today. The meet...
This book focuses only on the GST Scrutiny aspects. Scrutiny is new topic for GST.
GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English