GST News

Applicability of Dynamic QR Code on B2C invoices & compliance

25 February 2021 at 16:04

CBIC has issued a clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020 - Central Tax dated 21st March 2020.

Posted in GST | 1 comments | 8070 Views

Advisory on Annual Return (GSTR-9)

24 February 2021 at 21:50

The taxpayers are advised to ensure that values are reported upto two decimal places in the GSTR-9 offline utility.

Posted in GST | 6051 Views

Various Important Due Dates released by ICMAI

23 February 2021 at 20:44

Upcoming Various Important Due Dates related to Income Tax, GST, Corporate Law etc. has been listed here in this news piece.

Posted in GST | 8 comments | 17718 Views

Advisory on Reconciliation Statement (GSTR-9C)

23 February 2021 at 05:17

Reconciliation statement to be filed in Form GSTR-9C requires the tax rate wise declaration of transactions for the concerned financial year.

Posted in GST | 17004 Views

CBIC provides facilitation for exporters having IGST refund issues

22 February 2021 at 19:41

CBIC has extended the time limit for sanction of pending IGST refunds in such cases where records have not been transmitted to ICEGATE due to GSTR1 and GSTR3B mismatch error.

Posted in GST | 2 comments | 8811 Views

Request to grant Extension of GSTR 9 and 9C by CGPI

22 February 2021 at 11:05

CGPI has filed the request to grant an extension for GSTR 9 & 9C – Financial Year 2019/20 from 28.02.2021 to 31.03.2021 considering grass root realities faced by all the stakeholders.

Posted in GST | 22350 Views

CBIC clarifies no GST Annual Return for registered person having turnover less than Rs. 2 crores

22 February 2021 at 05:16

Please note furnishing of annual return under section 44(1) of the CGST Act for FY 2019-20 has been made optional for registered person having aggregate turnover less than Rs. 2 crores.

Posted in GST | 20727 Views

GST compensation shortfall released to States reaches Rs. 1 lakh crore

20 February 2021 at 22:30

17th Instalment of Rs. 5,000 crore released to the States on Friday, 19th February 2021. 91 percent of the estimated shortfall released.

Posted in GST | 1941 Views

Chairman, CBIC lays the foundation stone of a new CGST Ghaziabad Building

19 February 2021 at 05:10

Chairman CBIC Sh. M Ajit Kumar & Zonal Member Smt. Sungita Sharma laid the foundation stone for new state of the art CGST Ghaziabad Building

Posted in GST | 1794 Views

CGST Delhi officials arrest 4 in 3 different cases of ITC fraud of Rs 178 crore

15 February 2021 at 23:08

Four individuals were arrested in three different cases in terms of Section 69(1) of the CGST Act, 2017 for commission of offences under Section 132 (1) of the CGST Act, 2017

Posted in GST | 1965 Views