"I have a blend of corporate and the professional experience. Post qualification, for the first 2 years (2015 & 2016), I worked for Infosys, Globally reputed Indian Software Company and for the next 2 years (2017 & 2018) in Hiregange & Associates (H&A), the firm known for it’s expertise in Indirect taxes in India. During the above said period of association with H&A, I was actively engaged in • Conducting training session’s w.r.t. GST • Writing articles on GST • GST Impact studies for various clients engaged in multiple sectors such as Manufacturing, Construction, Hotels, Job work, Pharmaceuticals, Hospitals, EPC..etc • Assisting many entities in successful transition from old IDT regime to the GST regime and • Various assignments of reviewing the status of compliance as per the GST law. During the period of association with Infosys, I had worked in different roles in the “Financial planning and Analysis” team, where I was engaged in the following activities: • Budgeting: Preparing the quarterly Budgets, Approving the release funds against the budget, Analyzing the budgets with actual • Employee benefits: Analyzing various employee policies, increment proposals prepared by the HR team for multiple locations and the seeking approvals from CFO. • CFO Presentations: Preparing the CFO’s presentation to the board, w.r.t. the quarterly performance in the board meeting. • Onsite fitment approvals: Verifying the fitments for the employees to be sent onsite w.r.t. the profitability and approving the same • Approving the Incentive schemes: Analyzing and approving the incentives schemes proposed by the project heads and approving their disbursement. • Branch in charge for “Philippines” branch: In the last 6 months, I was sent to philippinesfor one mnth and thereafter I was in role of the finance in charge for the branch. Languages: Telugu, Hindi, English and Kannada"
CBDT has recently issued Notification No. 09/2020– Central Tax on 16/03/2020, Notification No. 10/2020–Central Tax to Notification No. No. 14/2020–Central Tax on 21st March 2020 and Notification No. 15/2020-Central Tax to Notification No. 29/2020-Central Tax on 23/03/2020. In addition to that CBIC issued one Central Tax Circulars on 18/03/2020 and two Circulars on 23/03/2020. This […]
Objective: The objective of this document is to summarize all the updates of GST (Notifications, Circulars, other amendments and updates) in one place. 12 Central tax notifications and 4 Circulars were issued during the month Dec’19. The same are being summarized below. 1. DIN made mandatory for all types of letters or notices, including Emails […]
Tough time for Non-filers. Automated SCNs shall be sent if 3B is delayed for more than 5 days Summary of Circular No. 129/48/2019 – GST Dated 24.12.2019 1. CBIC has mandated quoting of Document Identification Number (DIN) on all the communications including E-mails from its officers w.e.f. 24th Dec,2019. 2. Further, the board has also […]
1. The forms for Annual return (GSTR-9) and Audit report (GSTR-9C) have been simplified by changing certain mandatory fields as optional i. Changes in GSTR-9 General: The Part or Table headings, Field names and Instructions have been amended to make the forms suitable for FY 17-18 and also for FY 18-19 Simplifications for FY 17-18 […]
Summary of Changes in GSTR-9 and GSTR-9C made by CBIC vide Notification No. 56/2019–Central Tax Dated 14.11.2019 A. Changes in GSTR-9 General Changes in GSTR-9 The Part or Table headings, Field names and Instructions have been amended to make the forms suitable for FY 17-18 and also for FY 18-19 Simplifications in GSTR 9 for […]
1. The late filing fees has been waived off for the tax payers of Jammu & Kashmir for GSTR-1, 7 & 3B of Jul’19 and Aug’19. The late filing fee for GSTR-1, GSTR-7 and GSTR-3B for the months Jul’19 and Aug’19 has been waived, subject to the condition that the returns are filed before the […]
Summary of GST updates for the month of August 2019 – Circulars, Notifications and Orders issued in August 2019 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 and one order were issued during the month Aug’19. […]
1. Clarifications w.r.t. GST Annual return and Audit i. Discharging the additional liability through annual return Yes, pay the tax along with interest through DRC-03. ii. Basis for filling Annual return, GSTR-1 or GSTR-3B or Books of accounts? Ideally, three of them should be in synchronous. In case of deviations, there should be excess/Short payment […]
Article contains summary of Notifications, Circulars and Orders issued by CBIC in the Month of June 2019 in simple language. I. Due date for furnishing Annual return for the period July 2017-March 2018 was extended up to 31st August 2019 Considering the various representations made by the trade and the commerce forum and also the […]
Top 10 updates of GST from the Finance bill, 2019 includes Interest for delay in payment to be made only on the tax to be paid in Cash, Cash ledger optimisation – Enabling transfer of the balances among the CGST, SGST & IGST, Enabling the single window refund mechanism, Moving from PAN based reg,n to […]
