The e-invoicing system was introduced in Jan 2020. The system of e-invoicing helps generate B2B invoices on a voluntary basis. E-Invoice is a standard format of the invoice recommended by the GSTN.
A) Background:- 1) The GST Council, at its 37th meeting held at Goa on 20th September, 2019 approved the introduction of E Invoicing System. Accordingly t..
COVID-19: Highlights of changes announced by FM. The Finance Minister announced various extensions of the statutory due dates and relaxation was also given to the taxpayers in the form of reduced interest rates.
FAQs on Composition Scheme, Advisory on Opting-in Composition Scheme for 2020-21 by filing FORM GST CMP-02. How to opt-in Composition Scheme
The tax laws are no exception to this rule. GST law provides for interest @18% on the delayed remittance of the tax after due date.
The New GST Return System which was to be implemented from the 1st of April 2020 has now been deferred till September 2020 by the GST Council in it's 39th meeting. This article presents a brief overview of the New GST Return Filing System.
Takeaways of 39th GST Council Meeting, GST Council has recommended various changes in GST law to facilitate trade and industry at large.
The 39th GST Council meeting was held on 14 March 2020.The key recommendations made by the Council in the 39th GST Council Meeting.
The 39th GST Council Meeting was held on 14th March 2020. Here are the decisions/outcomes taken in 39th GST Council Meeting.
Transfer of land and its development rights under GST
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)