The CBIC has extended the due dates for GST Annual Return (GSTR-9) and Reconciliation Statement (GSTR-9C) for FY 2018-19 to 31st December 2020. CBIC said "Decision has been taken because normal operation of ...
Section 35 of CGST Act 2017 deals with the upkeep and maintenance of books of accounts and records by every registered person at his principal place of business from where business is being pursu...
The CBIC has notified CGST (Twelfth Amendment) Rules, 2020 amendments in various rules vide Notification No. 79/2020 dated 15/10/2020. The highlights are as follows: Filing of Nil GSTR-3B/GSTR-/CMP-08 return v...
The CBIC has notified due dates for period of October 2020 to March 2021 vide Notification No. 74/2020, Notification No. 75/2020 and Notification No. 76/2020 dated 15/10/2020. Also, CBIC seeks to notify...
The CBIC has notified that GST Annual Return is voluntary if turnover is less than Rs.2 crores for F.Y. 2019-20 as well vide Notification No. 77/2020 dated 15/10/2020. It may be pertinent to note that the said ex...
The CBIC vide Circular No. 142/12/2020 dated 09/10/2020 has issued Clarification relating to application of sub-rule (4) of rule 36 of the CGST Rules, 2017 for the months of February, 2020 to August, 2020. The CB...
The CBIC has clarified that taxpayers are required to report only the values pertaining to Financial Year 2018-19 and the values pertaining to Financial Year 2017-18 which may have already been reported or...
The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing. The GST Council has made the following recommendations:&...
Note : CBDT has further extended Due Date of Tax Audit Report and filing of ITR for AY 2020-21 Read more here : https://taxninja.in/blog/cbdt-extends-due-date-of-tax-audit-report-and-filing-of-itr-for...
Note : Due date for GSTR9 and GSTR9C has been further extended to 31.12.2020 Read more here: https://taxninja.in/blog/extension-of-due-dates-for-gstr9-and-gstr9c CBIC via Twitter has notified that it...
