CBIC extends due date for GSTR 9 and 9C for FY 2018-19
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...
Category : GST
Press release to clarify the Interest on Net tax liability under GST
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...
Interest in GST to be levied on Net Tax Liability w.e.f. 01-09-2020
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...
E-Invoicing under GST – A Step-wise Process Guide
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....
Notification No. 58/2020-Central Tax – Filing of Nil GSTR 3B and GSTR 1 through SMS
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...
Re-credit of GST late fee paid
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...
Notification No. 57/2020 – Lowering of GST late fee for GST filing upto July 2020
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 –...
Extended due dates of GST Returns
Due dates of GSTR 1 Monthly filing – NN -53/2020-Central Tax Months Due dates March 2020 10th July 2020 April 2020 24th July 2020 May...
Instructions, Notifications and Removal of Difficulty order released on 24th June 2020 and 27th June
The Central Board of Indirect Taxes and Customs has issued various notifications and instructions to give effect to the provisions introduced in the Finance Act...
Recommendations of 40th GST council related to Law & Procedure
On 12th June 2020, the Union Finance Minister Nirmala Sitharaman has hosted the 40th GST Council Meeting in which the following decisions has been taken:-...
CBIC issues clarification in respect of remuneration to Directors
CBIC has issued the clarification in respect of Director remuneration vide Circular No. 140/10/2020 where it has been clarified :- a. In the matter of...
Circular No. 139/09/2020 – Clarification on Refund related issues
In the Circular No. 125/44/2019, it has been clarified that the refund shall be granted even for those invoices which are not being reflected in...
Government rolls out facility of filing of NIL GST Return through SMS
Today, the Ministry of Finance has released the press release in which it has been stated that now the taxpayers can file their Nil GSTR...
ICAI releases Handbooks on GST
The Institute of Chartered Accountants of India (ICAI) has released the Handbooks on the following topics:- Handbook on Advance Ruling under GST – Click here...
Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19
Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion...
Karnataka AAR – Anil Kumar Agrawal – Executive Director Salary exempt from GST
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2020/05/Karnataka-AAR-3.odt” comments=”true” SVG=”true”] To download the Karnataka AAR, click here Karnataka AAR – Aggregate Turnover – Director Salary – Anil Kumar Agrawal To join...
All about Input Service Distributors
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Circular No. 138/8/2020 – Clarifying ‘issues in respect of challenges faced by the registered persons in implementation of provisions of GST Laws
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Notification No. 42/2020-Central Tax – Extend the due date for furnishing FORM GSTR-3B, Jan-March, 2020 returns for the taxpayers registered in Ladakh.
Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 42/2020 – Central Tax New Delhi, the...
Notification No. 41/2020-Central Tax – Extension of due date for furnishing of Form GSTR 9 and GSTR 9C for FY 2018-19 till 30-09-2020
Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2020 – Central Tax New Delhi, the...
Notification No. 40/2020 – Central Tax – Extend the validity of e-way bills till 31.05.2020 for those e-way bills which expire during the period from 20.03.2020 to 15.04.2020 and generated till 24.03.2020.
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Notification No. 39/2020 – Central Tax – Amendments to special procedure for corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
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Notification No. 38/2020 – Central Tax – Companies allowed to file GSTR 3B through EVC
The Central Board of Indirect Taxes and Customs (CBIC) has issued the notification in which the Companies are now allowed to file the GSTR 3B...
GST applicability on Remuneration to Directors
The Recent Advance Ruling Authority of Rajasthan in the case of Clay Crafts India Pvt. Limited decided that remuneration paid to director attracts GST under...