GST Archives - Page 5 of 16

Relaxation of Norms for Rule 36(4) for April and May 2021 and extension of date of furnishing of IFF for April 2021

Team Taxcharcha02/05/202102/05/2021

by Team Taxcharcha02/05/202102/05/20210520

Vide Notification No. 13/2021-Central Tax dated 1st May 2021, the CBIC has provide the following relaxations:- a. With respect to Rule 36(4), the provision shall...

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Extension of due date of GSTR 4 for Quarter ending 31st March 2021

Team Taxcharcha02/05/2021

by Team Taxcharcha02/05/20210508

The CBIC has extended the due date of filing Form GSTR 4 for the Quarter ending March 2021 till 31st May 2021 vide Notification No....

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Waiver of late fee on filing GSTR 3B

Team Taxcharcha02/05/2021

by Team Taxcharcha02/05/20210517

The CBIC, on 1st May 2021, has notified the waiver of the late fee in respect of filing of the GSTR 3B by the Registered...

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Relaxation in Interest Rates for GSTR 3B of Tax periods of March 2021 and April 2021

Team Taxcharcha02/05/2021

by Team Taxcharcha02/05/20210600

The Central Board of Indirect Taxes and Customs (CBIC) has lowered the Interest rate under section 50 applicable on various taxpayers for the GST to...

GST Latest

Press release regarding utilisation of ITC

Team Taxcharcha21/03/2021

by Team Taxcharcha21/03/20210373

In a recent press release by the Central Board of Indirect Taxes and Customs (CBIC), it has been said that the CBIC is in the...

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CBIC issues clarification on Refund related issues

Team Taxcharcha14/03/2021

by Team Taxcharcha14/03/20210562

The CBIC has published the Circular related to Refund in case of Zero rated supplies and also clarified the calculation of Adjusted Total Turnover. To...

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E-Invoicing to be applicable for Registered Persons having Aggregate Turnover of more than Rs. 50 Crores from 01-04-2021 onwards

Team Taxcharcha08/03/2021

by Team Taxcharcha08/03/20210525

The Central Board of Indirect Taxes and Customs (CBIC) has issued the Notification No. 5/2021-Central Tax in which it has been notified that the E-invoicing...

Blogs GST Latest

Proposed Abolition of GST Audit – Is it good or bad for the taxpayers?

Team Taxcharcha03/03/2021

by Team Taxcharcha03/03/202101153

In the Finance Bill 2021, the Government has proposed to omit the requirement for the GST Audit under section 35(5). The main object for the...

Blogs GST Latest

Possible reason for the mismatch between Table 8A and GSTR 2A

Team Taxcharcha01/03/2021

by Team Taxcharcha01/03/202103992

On 28th February 2021, the Government has extended the due date for furnishing the GSTR 9 and GSTR 9C for the FY 2019-20 which is...

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Extension of Due date of GSTR 9 and GSTR 9C for FY 2019-20 till 31-03-2021

Team Taxcharcha01/03/2021

by Team Taxcharcha01/03/20210374

The CBIC has extended the due date for furnishing the GSTR 9 and GSTR 9C for the FY 2019-20 from 28th February 2021 to 31st...

GST Income Tax Latest

Extension of Time limits for various returns falling due on 31st December 2020

Team Taxcharcha31/12/2020

by Team Taxcharcha31/12/20200519

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the...

GST Latest

Notification No. 94/2020 – Central Tax – Amendment in CGST rules

Team Taxcharcha23/12/2020

by Team Taxcharcha23/12/20200725

On 22nd December 2020, the CBIC has issued the Notification No. 94/2020 in which the various provisions related to ITC utilization and Registration has been...

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Notification No. 93/2020 – Central Tax – Waiver of late fee for delay in furnishing Form GSTR 4 for FY 2019-20 till 31st December 2020 in Union Territory of Ladakh

Team Taxcharcha23/12/2020

by Team Taxcharcha23/12/202001051

The Central Board of Indirect Taxes and Customs (CBIC) has notified for the waiver of late fee for filing Form GSTR 4 for FY 2019-20...

GST Latest

Notification No. 92/2020 – Central Tax – Appointed date of 1st January 2021 for various amendments introduced in Finance Act 2020 related to GST

Team Taxcharcha23/12/2020

by Team Taxcharcha23/12/202001253

The CBIC has notified the Notification No. 92/2020 – Central Tax in which 1st January 2021 has been notified as the designated date for various...

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Notification No. 91/2020 – Central Tax – CBIC extends the due date of compliance falling on 29th November and 30th November to 30th March and 31st March 2021 respectively

Team Taxcharcha14/12/2020

by Team Taxcharcha14/12/20200895

The CBIC on 14th December 2020 has notified the Notification No. 91/2020 – Central Tax in which it has exercised the powers given in Section...

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Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration

Team Taxcharcha28/11/202005/12/2020

by Team Taxcharcha28/11/202005/12/20200576

The CBIC, on 27th November 2020, issued the Instructions containing the Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration. The Instruction reads...

GST Income Tax Latest

Extension of various due dates falling on 31st October 2020

Team Taxcharcha24/10/202005/12/2020

by Team Taxcharcha24/10/202005/12/20200584

The Ministry of Finance has extended various due dates falling on 31st October which are as follows:- Particulars Extended due date Tax Audit Report –...

GST Latest

Recommendation of 42nd GST Council Meeting

Team Taxcharcha05/10/202005/12/2020

by Team Taxcharcha05/10/202005/12/20200505

The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The meeting...

GST Latest

CBIC extends due date for GSTR 9 and 9C for FY 2018-19

Team Taxcharcha30/09/2020

by Team Taxcharcha30/09/20200786

The Central Board of Indirect Taxes and Customs has extended the due date for filing the GSTR 9 and GSTR 9C for FY 2018-19 from...

GST Latest

Press release to clarify the Interest on Net tax liability under GST

Team Taxcharcha26/08/2020

by Team Taxcharcha26/08/202001004

CBIC has released the Press release amidst of the discussions going on regarding the applicability of the Notification No. 63/2020 – Central Tax. It has...

Blogs GST Latest

Interest in GST to be levied on Net Tax Liability w.e.f. 01-09-2020

Team Taxcharcha25/08/202025/08/2020

by Team Taxcharcha25/08/202025/08/20200691

On 25th August 2020, Central Board of Indirect Taxes and Customs (CBIC) has notified the Notification No. 63/2020 – Central Tax in which it has...

Blogs GST GST Latest

E-Invoicing under GST – A Step-wise Process Guide

Team Taxcharcha20/07/202020/07/2020

by Team Taxcharcha20/07/202020/07/202001925

e-Invoicing under GST is no longer a future in India but is gradually becoming the present with its implementation from the next quarter: October 2020....

CGST Tax Notifications GST GST Latest Tax Notifications

Notification No. 58/2020-Central Tax – Filing of Nil GSTR 3B and GSTR 1 through SMS

Team Taxcharcha02/07/2020

by Team Taxcharcha02/07/20200582

The CBIC has notified the Notification no. 58/2020- Central tax dated 1st July 2020 in which rule 67A has been notified which says about the...

GST Latest

Re-credit of GST late fee paid

Team Taxcharcha01/07/2020

by Team Taxcharcha01/07/20200502

The CBIC has clarified that those taxpayers who have paid the late fee in respect of the Returns which are due on 24th and 27th...

CGST Tax Notifications GST GST Latest Tax Notifications

Notification No. 57/2020 – Lowering of GST late fee for GST filing upto July 2020

Team Taxcharcha01/07/2020

by Team Taxcharcha01/07/20200453

In order to provide the relief to the taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has released the Notification No. 57/2020 –...