The GST council has made recommendations for measures of trade facilitation including Reduction in late fees for past returns, Relief measures for small taxpayers & one time extension in period for seeking revocation of cancellation of registration. Let us discuss these recommendations in detail.
CBIC has announced a new facility to ease the filing of GSTR 3B. Now, you may file your GSTR 3B via SMS too.
Paronta to attract 18% GST ruled Authority of Karnataka. Roti will attract 5% GST
There are possibilities of errors in GSTR-3B. Liability may be under/over-reported. ITC may be under/over-reported. Know-how such errors can be dealt with.
Facility to file nil GSTR-3B through an SMS is now available. Filing of Form GSTR-3B is mandatory for all normal and casual taxpayers, even if there is no business activity in any particular tax period.
A lot of controversies are involved related to GST Refunds for exporter of services. It is time that the government addresses such queries.
After a few contradictory judgments CBIC Clarifies that Salaries paid to company directors not to attract GST
40th GST Council Meeting. Late Fee for non-furnishing FORM GSTR 3B for the tax period July, 2017 to January, 2020 has been waived
40th GST Council Meeting was chaired by FM. Late fees on GSTR-3B for taxpayers with nil tax liability waived off
The Hon'ble HC, Calcutta in the matter of Mrinal Ghosh v. Union of India & Others [W.P. No. 9821 (W) of 2018 decided on November 21, 2019] directed the Revenue to allow the Petitioner to file GST TRAN-1 to enable him to obtain credit accrued in his favour prior to the transition.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English