Summary of Notifications & Orders issued Article contains summary of GST notifications and Orders issued by CBIC on 28th June 2019 to implement 35th GST Council meeting Recommendations which includes Extension of Due date of Various forms / Returns and amendment in GST Rules. 1. Due dates: Notification / Order Return Related to Period Due […]
Objective: The objective of this document is to summarize all the updates of GST (Notifications, Circulars, other amendments and updates) in one place. 6 Central tax notifications, 1 corrigendum for the Central tax rate notification, 5 Central tax circulars and 1 Removal of difficulty order were issued during the month Apr’19. The same are being […]
1. Auto calculation of distance based on PIN Codes of Source & Destination a. Users are allowed to increase it by maximum of 10% b. If both the PINs are same, he can put maximum of 100KM c. If PIN entered is invalid/Not recognized, enter manually, but the same shall be flagged to the department […]
The objective of this document is to summarize all the updates of GST (Notifications, Circulars, other amendments and updates) in one place. 7 Central tax notifications, 8 Central tax Rate notifications, 5 Central tax circulars, 1 Order, 2 Removal of difficulty orders were issued during the month of Mach 2019. The same are being summarized […]
Following notifications were issued by CBIC on 7th March 2019 to implement decision of 32nd GST council meeting. It increases threshold for Composition scheme from 1 cr to 1.5 Cr. w.e.f. 01. Apr.19, Notifies due date for GSTR-3B for Apr’19-Jun’19, Notifying due date for GSTR-1 for Apr’19-Jun’19, Increase in limit for compulsory registration for supplier […]
The Annual return under GST (FORM GSTR-9) is active on the GST portal now. Once you login, you will be able to see the annual return below the return dash board icon. You can also see that in Services>Returns>annual return. Then select the Financial year. (Only FY 17-18 is available now). Below are the points […]
The Annual return under GST (FORM GSTR-9) is active on the GST portal now. Once you login, you will be able to see the annual return below the return dash board icon. You can also see that in Services>Returns>annual return. Then select the Financial year. (Only FY 17-18 is available now). Below are the instructions […]
The objective of this document is to summarize all the updates of GST (Notifications, Circulars, other amendments and updates) in one place. 2 Central tax notifications, 1 Integrated tax notification and 4 Central tax circulars were issued during the month Feb’19. And also the council has approved the new GST rates for the real estate […]
I. Circular No. 89/08/2019-GST dated 18.02.2019 ♥ After observing that the majority of tax payers are not reporting details in Table 3.2 of GSTR-3B, the circular has been issued to clarify that the tax payers has to fill the details of supplies to unregistered dealers mandatorily in table 3.2 of GSTR-3B and also in table […]
1. What is composition Scheme? ♠ The Composition scheme is an ‘alternative method’ of levy of tax designed for easing the tax compliance for small taxpayers. ♠ This is not a new concept under GST, this was existing under VAT, Excise and Service tax regime also. This was also called as Tax on Turnover (TOT) […]
