🛡️ Filing of Annual returns by composition taxpayers. – Negative Liability in GSTR-4

Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4 Instances have come to notice where taxpayers are reporting negative...

GOVT WAIVES LATE FEE FOR DELAYED FILING OF MARCH, APRIL GSTR-3B, TAX PAYMENT

GOVT WAIVES LATE FEE FOR DELAYED FILING OF MARCH, APRIL GSTR-3B, TAX PAYMENT

PRINTING OF DYNAMIC QR CODE ON B2C INVOICES DEFERRED TILL JULY 1 | BUSINESS...

The government has deferred by three months till July 1 the requirement of printing dynamic QR code on B2C (business-to-consumer) invoices generated...

🌺 8 Important things to do before the new Financial Year begins (F.Y. 2021-22)

🚨 A GST taxpayer is required to keep the following in mind at the beginning of the FY 2021-22.

✅ Updation Regarding Selection Of Core Business Activity For Every Registered Person On...

The Goods and Service Tax Network (GSTN) has enabled the new feature to select Core Business Activity enabled on GST Portal.

GST imp amendments proposed in Budget 2021-Brief

1.       Exporter liable for penalty equal to 500% of refund claimed if Input taken on invoice obtained by fraud, collusion, wilful misstatement

Reason for Removal of GST Audit as per Extract of GST Council Minutes pg...

Agenda Item 5A(vi): Filing of GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) 1) A lot of negative feedback was...

BUSINESSES WITH MONTHLY TURNOVER OF OVER RS 50 LAKH TO PAY AT LEAST 1%...

Businesses with monthly turnover of over Rs 50 lakh will have to mandatorily pay at least 1 per cent of their GST...

GSTN ENABLES AUTO-POPULATED GSTR-3B RETURN FORM BEGINNING NOV

Businesses will now get complete auto-populated monthly sales return form GSTR-3B, GST Network said on Sunday. "For ease of taxpayers, now the...

TAXMAN GOES AFTER COMPANIES UNDERTAKING FRAUDS WITHIN DIFFERENT STATES

The tax department on Wednesday said that it is going after companies and scrutinising transactions between various companies within different states.