The central government vide Notification no 49/2019 central tax dated 9/10/2019 has made amendments to CGST Rules, 2017.
Capping of 20% ITC w.r.t invoices/debit-notes not uploaded by supplier in GSTR-1
FY 2018-19: Actions in September 2019 returns
One of the important amendments is made in Rule 61(5) of the CGST Rules which deals with the "Form and manner of submission of monthly return" and states that where the time limit for furnishing FORM GSTR-1 and FORM GSTR-2 has been extended, then the Commissioner may, by notification, specify the manner and conditions subject to which the return shall be furnished in FORM GSTR- 3B.
Every supplier who makes supply of taxable goods and services or both needs to take registration under GST if his aggregate turnover in a financial year exceeds the threshold limit.
In every walks of life, we come across a situation where we receive an unsigned business letter/Receipt/Advice which bears the legend 'This letter/Report Advice is computer generated and therefore does not require any signature', or similar to that. I think it is the best route for the originator to escape.
The Employees' State Insurance Act 1948 (the ESI Act) provides for medical, cash, maternity, disability and dependent benefits to the Insured Persons under the Act.
The succeeding level is more advanced and tough than the previous one and also the previous level is the base for the succeeding level. In order to make your base strong here are some tips to prepare for the CA Foundation
Timely refund mechanism is most essential in tax administration. The provisions pertaining to refund contained in the GST law aim to streamline and standardize the refund procedures under GST regime.
An amnesty scheme as anticipated at the time of rolling of GST Act has come now! Sabka Vishwas (Legacy Disputes Resolution) Scheme, 2019. SVLDRS.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English