5 Views
Income tax slab is likely to be kept same in the upcoming Finance Budget
7 Views
List of GST Suvidha Providers
87 Views GSP NAME Contact E-mail 3i Infotech Ltd [email protected] Abhipra Capital Limited [email protected] Adaequare Info Private Limited [email protected] Alankit limited [email protected] Amazon Seller Services Private Limited [email protected]; [email protected] BALAJI MARILINE PVT LTD [email protected] BDO India LLP [email protected] BINARY SEMANTICS LIMITED [email protected] Bodhtree consulting limited [email protected] CDSL Ventures Limited [email protected] Chartered Information Systems Private Limited […]
Amendment through Notification no.92, 94 dated 22.12.2020
96 ViewsDebit Note is delinked from its original invoice for the purpose of claiming Input Tax Credit (ITC) u/s 16(4) of CGST Act, 2017. By virtue of S.16(4) of CGST Act, Input Tax Credit (ITC) on any invoice can be claimed up to the month of September following the end of the financial year to […]
Optional Tables in GSTR-9 & 9C for F.Y. 2019-20
116 ViewsAs per section 44(1) of CGST Act, 2017, every registered person shall furnish online an annual return for every financial year in prescribed forms on or before 31st day of December following the end of such financial year. The persons exempted to file annual return are Input Service Distributor, a person paying tax under […]
Rule 36(4) of CGST Rules, 2017
168 ViewsRule 36 of CGST Rules, 2017 was amended vide Notification No. 49/2019-Central Tax dated 09.10.2019 to insert sub-rule (4) as reproduced below: “(4) Input tax credit to be availed by a registered person in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) […]
Auto-population of e-invoice details into GSTR-1
114 ViewsSource: GSTN / News and Updates 11.01.2021 From 1-10-2020, certain notified taxpayers have been issuing invoices after obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). From 1-1-2021, the taxpayers with aggregate turnover above Rs. 100 Cr. had also started reporting invoices to IRP. Details from the reported e-invoices are […]
General Procedure for GST Audit u/s 65 of MGST Act, 2017
85 ViewsSource : MahaGST.gov.in. The Maharashtra Goods and Service Tax Department (MGSTD) is initiating audit u/s 65 of the MGST Act, 2017 in case of selected Registered Tax Payer. Objects of GST Audit: The primary object of GST Audit is to ensure and promote, “the correctness of turnover declared, taxes paid, refund claimed and input […]
Aadhaar Authentication / e-KYC for Existing Taxpayers on GSTN
113 ViewsSource : GSTN / News and Updates 07.01.2021 Functionality for Aadhaar Authentication and e-KYC where Aadhaar is not available, has been deployed on GST Common Portal w.e.f. 6th January, 2021, for existing taxpayers. All taxpayers registered as Regular Taxpayers (including Casual Taxable person, SEZ Units/Developers), ISD and Composition taxpayers can do their Aadhaar Authentication […]
Invoice Furnishing Facility (IFF) for Taxpayers under QRMP Scheme
98 ViewsSource : GSTN / News and Updates 06.01.2021 An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017. Taxpayers who have opted for quarterly filing frequency under the […]