Follow Us :

Akshay Havaldar

Latest Posts by Akshay Havaldar

Budget 2022-23 – 18 Changes in GST you must Know

February 9, 2022 21792 Views 1 comment Print

The Budget for infrastructure, connectivity and vision but lacks growth-invigorating proposals. A budget with big hopes for streamlining the GST Law, GST Rate balancing but received only Retrospective amendments. Budget for scrapping self-assessment for availing Input Tax Credit (ITC), ending constitutional right under self-assessment to assess GST. Lets have a look at the Amendments in […]

E-Invoicing modes of generation and flow of information

April 8, 2020 4005 Views 0 comment Print

In my previous article, I tried summarize advantages, need and limitations for E-invoicing. Now in this article I will discuss the basic concepts of E-Invoicing modes of generation and flow of information for E-Invoicing. Concept of E-Invoicing: E-invoicing means generation of documents related to supply electronically. It is NOT a preparation of documents on Government […]

CBIC extends GST returns due dates & relaxes Late Fees & Interest

April 6, 2020 2553 Views 6 comments Print

Relaxation to statutory and regulatory compliance due to pandemic Corona-virus (COVID-19) Entire word is facing pandemic corona-virus (COVID-19).  Maharashtra had the highest number of the corona-virus (COVID-19) cases as of April 3, 2020. In view of the emergent situation and challenges faced by taxpayers in meeting the compliance requirements under various provisions of the Central […]

GST E-invoicing Advantages and Limitations

April 4, 2020 4254 Views 2 comments Print

The GST Council, in its 35th meeting, has decided to implement a system of E-invoicing, which will be applicable to specified categories of persons. In the 37th GST council meeting, the standard of new e-invoice mechanism was discussed and approved and the same along with the schemes are published on the GST portal (https://einv-apisandbox.nic.in). The […]

39th GST Council Recommendations on changes in Law & Procedures

March 16, 2020 1872 Views 0 comment Print

The 39th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 14th March 2020. Many long awaited issues are discussed and useful clarifications are recommended by Council. The GST Council has made the following recommendations on Law & Procedures changes. Press release issued by the Ministry of […]

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031