The CBIC has clarified that, E-Way Bill generation facility to be blocked for all Taxpayersirrespective of their Aggregate Annual Turnover who failed to file GSTR-3B/CMP-08 for 2 or more tax period from Decembe...
The CBIC has enabled the Auto-populated E-Invoice details in GSTR-1 in GST Portal. Certain notified taxpayers have to prepare and issue their invoices by obtaining Invoice Reference Number (IRN) from Invoice Regi...
The CBIC has issued several notifications on 10/11/2020 amending various rules in respect of return filing. A summary of the same is as below: Notification No. 81/2020 : Seeks to notify amendment carried ...
CBIC has issued Notification No. 81/2020–Central Tax to Notification No. 88/2020–Central Tax along with a Circular 143/13/2020 on 10th November 2020 in relation to GSTR 1, FORM GSTR-2B, GST E-I...
Introduction e-Invoicing has changed the face of B2B invoice management for large enterprises ever since its implementation earlier on October 1st, 2020. With all sorts of technological advancement, the government ...
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...
