GST News

GSTN Portal: Generation of GSTR-2B for April 2021

17 May 2021 at 19:07

Taxpayers willing to file FORM GSTR-3B for April 2021 before GSTR-2B generation may do so on self-assessment basis. Notification No. 13/2021-CT dated 01.05.2021 prescribes a cumulative limit under Rule-36(4) for ITC claimed in periods April & May 2021.

Posted in GST | 11922 Views

FM to chair the 43rd GST Council meeting on 28th May 2021

15 May 2021 at 15:51

Finance Minister Smt. Nirmala Sitharaman will chair the 43rd GST Council meeting via video conferencing at 11 AM in New Delhi on 28th May 2021.

Posted in GST | 8181 Views

GSTN extends due date of filing Revocation application of Cancellation

14 May 2021 at 19:28

In view of Notification No. 14/2021 dt. 01.05.2021, the timeline for filing the 'Application for Revocation of Cancellation' has been extended to 180 days from 90 days which will be valid up to 15th June 2021.

Posted in GST | 12639 Views

Request for extension of dates for GST & Income Tax Compliances till 31st August 2021 by CAIT

10 May 2021 at 15:27

CAIT, on 7th May 2021, sent a letter to FM Nirmala Sitharaman demanding an extension of dates for GST & Income Tax compliances till 31st August & a six month moratorium on payment of Bank EMI, interest and loans etc.

Posted in GST | 2 comments | 11658 Views

FM Nirmala Sitharaman's reply to Mamata Banerjee's request for exemption of GST/Customs Duty amid COVID-19

10 May 2021 at 05:35

FM Nirmala Sitharaman responded to Smt. Mamata Banerjee's letter seeking exemption from GST/Customs duty and other duties and taxes on some items and COVID related drugs via 15 tweets.

Posted in GST | 3 comments | 15024 Views

Request for exemption from GST/Customs duty on COVID related drugs by Mamata Banerjee

10 May 2021 at 05:25

Smt. Mamata Banerjee has written to PM Shri Narendra Modi for providing an exemption from all taxes on oxygen concentrators, cylinders, cryogenic storage tanks. tankers & tank containers and COVID related drugs.

Posted in GST | 1416 Views

Anurag Thakur's reply to Mallikarjun Kharge's - Leader of Opposition, Rajya Sabha representation letter amid COVID-19

10 May 2021 at 05:20

Point wise response by Shri Anurag Thakur elaborating measures taken and rectifying some of the misconceptions in the letter presented by Hon'ble Shri Mallikarjun Kharge - Leader of Opposition, Rajya Sabha.

Posted in GST | 2445 Views

Request to exempt taxes on life saving products by Hon. Sh. Mallikarjun Kharge - Leader of Opposition, Rajya Sabha

10 May 2021 at 05:05

On behalf of the people of India. I write to convey deep concern and sense of anguish regarding the unprecedented crisis the nation faces today.

Posted in GST | 1392 Views

GST Portal: New Functionalities made available for Taxpayers in April, 2021

05 May 2021 at 19:25

New Functionalities made available on the GST Portal for Taxpayers in April 2021, w.r.t Returns has been listed in this news piece.

Posted in GST | 9060 Views

Waiver of interest and late fee to normal and composition taxpayers, for the tax periods of March and April, 2021

05 May 2021 at 05:46

The government has granted waiver from payment of interest/late fee to normal & composition taxpayers and has granted relaxation to normal and quarterly taxpayers in filing Form GSTR-3B, and relaxation in filing Form CMP-08 for composition taxpayers.

Posted in GST | 2514 Views