Takeaway from 45th GST Council meeting (Ice-cream parlours supplying manufactured ice creams) Recently in the 45th GST council meeting, it has been recommended that “Ice-cream parlours supplying manufactured ice-creams will be taxed @ 18% GST”. Further, the Circular issued pursuant to the above meeting clarified that where ice cream parlours sell already manufactured ice cream and […]
♦ A taxpayer is entitled to refund of tax wrongly paid or paid in excess (other than zero-rated supplies), in the same mode by which the tax liability was discharged. ♦ The cash part has to be sanctioned and credited to the bank account of the taxpayer by Form RFD-05 & ♦ ITC part should […]
1. Extension in due date for filing GSTR-4: – Composition taxpayers for FY 2020-21- The due date extended to 31st May 2021 from current 30th April 2021. 2. Waiver of late fees in GSTR-3B: – GSTR-3B for the month of March & April 2021 and January-March, 2021 Turnover more than 5 Cr: – filed within […]
