Filing Dates extended for providing relief to taxpayers in view of COVID-19 pandemic- Part 1

99 ViewsDue to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings. These are notified in Notifications 30/2020 to 36/2020 dated 03.04.2020. Circular No. 136/06/2020-GST dated 3rd April, 2020 has been issued. 1. Normal Taxpayers filing Form GSTR-3B a.Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period Late fees waived […]

Advisory on Opting-in for Composition Scheme for 2020-21 – Extension of Dates in view of COVID-19 pandemic

102 Views A.Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme by normal taxpayers, for the financial year 2020-21. These are notified in Notifications 30/2020 Central Tax, dated 03.04.2020. Circular No. 136/06/2020-GST dated 3rd April, 2020 has also been issued. B.Existing Normal taxpayers who want to opt for Composition Scheme […]

Extend Due date for furnishing FORM GSTR-3B for supply made in the month of May, 2020.

153 ViewsSeeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of May, 2020. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 36/2020 – Central Tax New Delhi, the […]

Extend due date of compliance which falls during the period from “20.03.2020 to 29.06.2020” till 30.06.2020 and to extend validity of e-way bills.

113 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 35/2020 – Central Tax New Delhi, the 3rd April, 2020 G.S.R…..(E).– In exercise of the powers conferred by section 168A of the Central Goods and […]

Clarification in respect of various measures announced by the Government for providing relief to the taxpayers in view of spread of Novel Corona Virus (COVID-19)

291 ViewsCircular No. 136/06/2020-GST CBEC-20/06/04-2020 -GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing New Delhi, dated the 3rd April, 2020 ToThe Principal Chief Commissioners / Chief Commissioners / Principal Commissioners /Commissioners of Central Tax (All)The Principal Director Generals / Director Generals (All) Madam/Sir, Subject: Clarification in respect of […]

All about of GSTR-8 | What is GSTR-8

867 Views1. What is Form GSTR-8? Form GSTR-8 is a Statement of TCS (Tax Collected at Source) to be filed by E Commerce Operators. Form GSTR-8 contains the details of taxable supplies and the amount of consideration collected by such operator pertaining to the supplies made by other suppliers through such e commerce operator and […]

Waiver of late fee for FORM GSTR-1 for tax periods of February, 2020 to April, 2020.

139 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 33/2020 – Central Tax New Delhi, the 3rd April, 2020 G.S.R…..(E).— In exercise of the powers conferred by section 128 of the Central Goods and […]

Waiver of late fee for delay filing of Return in FORM GSTR-3B for tax periods of February, 2020 to April, 2020

166 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 32/2020 – Central Tax New Delhi, the 3rd April, 2020 G.S.R…..(E).— In exercise of the powers conferred by section 128 of the Central Goods and […]

Provide relief by conditional lowering of GST Interest rate for tax periods of February, 2020 to April, 2020.

232 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 31/2020 – Central Tax New Delhi, the 3rd April, 2020 G.S.R…..(E).—In exercise of the powers conferred by sub-section (1) of section 50 of the Central […]

How To File GSTR-8

385 ViewsHow can I create and file details in Form GSTR-8? To create and file details in Form GSTR-8, perform following steps: A. Login and Navigate to Form GSTR-8 page B. Enter details in various tiles C. Preview Form GSTR-8 D: Payment of Tax E. File Form GSTR-8 with DSC/ EVC F. View Debit entries in […]

All about Form GSTR9A

374 Views1. What is Form GSTR-9A? Form GSTR-9A is an annual return to be filed once, for each financial year, by taxpayers who have opted for composition scheme, for any period during the said financial year. The taxpayers are required to furnish details regarding outward supplies, inward supplies, taxes paid, any refund claimed or demand […]