Ministry of Finance has announced on its twitter handle on 06th October that Shri Hasmukh Adhia, IAS (GJ:1981), Secretary, Department of Revenue, Ministry of Finance has been designated as the Finance Secretary. The vacancy was caused following the superannuation of Ashok Lavasa last month The Appointments Committee of the Cabinet has approved designating Adhia as […]
The Panama Papers contained brief particulars of about 426 persons, prima facie, Indians or persons of Indian origin. The Income Tax Department conducted enquiries in all 426 cases, inter alia, through making 395 references to 28 foreign jurisdictions.
Due date for generation of FORM GSTR-2A and FORM GSTR-1A in accordance with the extension of due date for filing FORM GSTR-1 and GSTR-2 respectively
Step by step guideline for taxpayers to download GSTR 4 Offline Tool from the GST Portal. 1) Download GSTR 4 Offline tool from the download tab on GST portal. 2) Ensure that the minimum system requirements of Windows 7 and MS Excel 2007 is met. 3) Extract the GSTR 4 offline tool. Open the GSTR 4 […]
Heard Mr.P. Rajkumar, the learned counsel appearing for the petitioner and Mr.K.Venkatesh, the learned Government Advocate for the respondents.
Question 1: Is it compulsory to put HSN code wise details in GSTR 2? Answer: Pl see instruction no. 16 below GSTR-1 and no. 14 below GSTR-2. Question 2 : Is there Any notifications for converting from regular to Composition scheme, as it available in the portal.Can Now we convert from regular dealer to Composition […]
Advisory by GSTN on GSTR 2 downloaded json and the exported excel provided by the taxpayer-1. It is recommended that please do not change the format of exported excel file. Otherwise there will be error in processing. Only fill up data as per given format.
The following class of companies shall file their financial statements and other documents under section 137 of the Act with the Registrar in e-form AOC-4 XBRL as per Annexure-I:- (i) companies listed with stock exchanges in India and their Indian subsidiaries; (ii) companies having paid up capital of five crore rupees or above; (iii) companies having turnover of one hundred crore rupees or above;
Any registered person who fails to furnish the return by the due date is liable to pay a late fee* of one hundred rupees separately under the CGST law and SGST law (i.e. a total of Rs. 200) for every day, during which such failure continues, separately for each return not filed by the due date.
In accordance with the decisions taken by the GST Council in its 22nd meeting held on 06.10.2017 at New Delhi to resolve certain difficulties being faced by exporters post-GST, it has been decided that supplies of goods by a registered person to EOUs etc.
