Amendment in Rule 96(10) - Sigh of relief to Goods Exporters
The Goods and Service Tax Portal is full of several technical glitches. Here are 57 major technical glitches ob the GST Portal.
Taxpayers, please note what CORONA relief is, and FY is ending on 31st March only!
Provisions related to ITC in respect of Motor Vehicles, other Conveyance, and repairs and maintenance thereof. The article contains the newly amended provisions regarding ITC on Motor Vehicles.
Know the provisions of GST on advances/security deposit et, and how advances and considerations are treated under GST.
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.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English