Articles by Rohit Kumar Singh

Linking of GSTR 1 (monthly) with GSTR 3B

Rohit Kumar Singh 10 September 2020 at 15:47

As per the update released on 5th September 20, on GSTN Portal, Values of GSTR 1 have been provided to taxpayers for assistance to get auto-drafted values of Table 3 of GSTR 3B.

Key Actionable Items for FY 2019-20 before September 2020 returns

Rohit Kumar Singh 09 September 2020 at 14:33

Key Actionable Items for FY 2019-20 before September 2020 returns

Ineligible ITC under GST

Rohit Kumar Singh 09 September 2020 at 10:23

For a taxpayer, it is essential to determine whether the tax paid on the inward supplies is eligible as Input Tax Credit (ITC) or shall fall within the ambit of ineligible ITC. Section 17(5) of CGST Act 2017 provides for cases wherein a taxpayer would not be entitled to claim ITC unless it falls within the exceptions as provided.

Recent Enhancements on GSTN Portal

Rohit Kumar Singh 31 August 2020 at 10:37

Recently GSTN has rolled out few enhancements on the GSTN portal for the benefit of taxpayers.

GST Registration Process: Amendment in CGST Rules

Rohit Kumar Singh 22 August 2020 at 13:48

GST Registration Process: Amendment in CGST Rules

FAQs on E-Invoice (Electronic Invoicing) in GST

Rohit Kumar Singh 18 August 2020 at 10:14

Recently CBIC issued Notification No 60/2020 enhancing threshold for preparing E-Invoice to Rs 500 Crores. Earlier the said limit for preparing E-Invoice was Rs 100 Crores. The provisions shall come into effect from 1st October, 2020.

Email from GSTN on Aggregate Turnover - How to Respond?

Rohit Kumar Singh 05 August 2020 at 12:25

Email from GSTN on Aggregate Turnover - How to Respond?

GST E-Invoicing - Enhancement of Aggregate Turnover to Rs 500 crore

Rohit Kumar Singh 31 July 2020 at 09:40

CBIC has issued Notification No 60/2020 - Central Tax and Notification No 61/2020 - Central Tax Dated 30th July, 2020 enhancing threshold for preparing E-Invoice to Rs 500 Crores

Form GSTR 3B : Waiver or reduction of Late fees

Rohit Kumar Singh 02 July 2020 at 10:32

CBIC has issued Notification No - 57/2020-Central Tax dated 30-06-2020 waiving/reducing late fees on filing of GSTR 3B for the months of May 20 to July 20 by 30th September 20.