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Circular No. 142/12/2020-GST dated 09.10.2020 is been published by CBIC to clarify the application of rule 36(4) of CGST Rules for the period from February, 2020 to August, 2020. With effect from 09.10.2019, vide Notification 49/2019-Central Tax dated 09.10.2019, the…
Press release is published by Ministry of Finance yesterday i.e. 09.10.2020 to clarify certain doubts as regard table no. 4, 5, 6 & 7 of GSTR-9 and also to clarify regarding the category of taxpayers who are required to file…
Rule 138E of CGST Rules, 2017, provides for the restriction on furnishing of information in PART A of FORM GST EWB-01. As per clause (a) of said rule, no person paying tax u/s 10 or availing the benefit of Notification…
The 42nd GST Council meeting under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing held today i.e. 05.10.2020. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs…
CBIC has issued a Notification no.73/2020 – Central Tax dated 01.10.2020 providing relaxation to the taxpayer on the e-invoicing compliance for a period of one month. The said notification provides a special procedure where a taxpayer can raise invoice without…
The Central Board of Indirect Taxes and Customs New Delhi on the 30th September 2020 came out with a press release. Initially, the Government had in December 2019 prescribed Taxable Person having aggregate Annual turnover more than Rs. 100 crores…
1. Notification No.04/2020-Central Tax (Rate) ,dt. 30-09-2020 : CGST exemption on services by way of transportation of goods by air or by sea from customs station of clearance in India to a place outside India is being extended by one…
The Professionals were requesting the Govt. to extend the due date for filing GST Annual Return in Form GSTR 9 & 9C for the FY 2018-19 as there was challenges due to current ongoing situation. The due date for filing…
GST Annual Return: Last ten days are remaining for filing of GST Annual Return for F.Y.2018-19. The extended due date is 30.09.2020. The taxpayers having turnover up to Rs.2 Crores are having an option to file the annual return. And,…
E-invoice means electronically verified invoice. The invoice verification is done by the Govt. Portal which is called as Invoice Registration Portal. In short it is called as ‘IRP’. The invoice information needs to be sent to the IRP in a…