New Due Date list GSTR3B , GSTR1 , GSTR9 and GSTR9c

458 ViewsGSTR3B Notification as per Notification no 29/2020 dt. 23.03.2020(for April,2020 to Sep 2020) The last date for filing of GSTR-3B for the taxpayers having annual turnover of Rs 5 crore and above in the previous financial year would be 20th of the month. The taxpayers having annual turnover below Rs 5 crore in previous financial […]

Finance Minister announces several relief measures relating to Statutory and Regulatory compliance matters across Sectors in view of COVID-19 outbreak

714 ViewsMinistry of Finance The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here today, Smt. Sitharaman announced […]

CGST Delhi detects Input Tax Credit fraud worth more than Rs 12 crore from 30 fake firms, one arrested

150 ViewsMinistry of Finance The CGST Delhi North Commissionerate arrested one person who received fake/goods-less invoices valued at Rs 71,22,95,370/- involving fraudulent Input Tax Credit of Rs 12,82,05,579/- from 30 bogus/fake firms. The modus operandi was to create various fake firms in the name of employees of the operator of fake firms and other persons. […]

3rd National GST Conference held on 6th March, 2020

134 ViewsPress Release by GST Council Secretariat{ID No.: F.No.: 271/3rd GST Conference/GSTC/2020} The 3rd National GST Conference of Commissioners of State Tax and Zonal Chief Commissioners of Central Tax was held on 6.3.2020 at Vigyan Bhavan, New Delhi under the chairmanship of Dr. Ajay Bhushan Pandey, Union Finance Secretary. Smt. Nirmala Sitharaman, Hon’ble Union Finance […]

Due dates of GSTR 3B, for the month of February, 2020

316 Views Government of India vide Notification No. 07/2020 – Central Tax, dated 03rd February, 2020, has staggered filing of Form GSTR-3B, for the month of February 2020, in the manner as given below: Sl. No. Taxpayers with aggregate turn over (PAN based) in the previous financial year And Taxpayers having principal place of business […]

Due dates of filing Form GSTR 3B, for the month of January, 2020

397 Viewsa. Government of India vide Notification No. 07/2020 – Central Tax dated 03rd February, 2020, has staggered filing of Form GSTR-3B, for period of January 2020, in the manner as given below: Sl. No. — Taxpayers with aggregate turn over in the previous financial year And Taxpayer having principal place of business in the State/ UT […]

Composition scheme for FY 2020-2021

519 ViewsWho can opt in for Composition : Eligible existing Registered taxpayers can opt in for composition, for financial year 2020-21, by filling up Form GST CMP-02. Your composition scheme shall be effective from 1st April 2020. How to opt in for Composition : A registered taxpayer can apply for composition after login. The navigation to apply […]

CBIC INTRODUCES MACHINE RELEASE OF GOODS

206 ViewsIndia has been improving consistently in the World Bank’s EoDB rankings over the past 5 years and one of the key drivers has been the initiatives under Trading across Borders (TAB), where India jumped substantially from 146 to 68 in the last two years. The Government has now set the target of breaching the […]