Filter Posts

Reset
Found 1666 Results

GePP – GST e -Invoice Preparing and Printing Tool

The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System....

Read More

Representation for extension of certain due dates in GST Law

Central Gujarat Chamber of Tax Consultants has made a representation to Finance Minister and requested for extension of due dates of GSTR-1 of monthly tax payers for the month of March ’21, GSTR-1 of quarterly taxpayers who have opted for QRMP scheme for the quarter Jan-Mar ‘ 21, CMP-08 for composition taxpayers for the quarte...

Read More

Flat 40% Discount on GST, Customs & Income Tax Courses for limited period

Join Self-Learning Certification Course on GST, Income Tax and Customs including Import & Export by TaxGuru Edu The new normal has opened up new frontiers for all of us. The challenges of present times have created new possibilities. To comprehend the opportunities, new perspectives and a fresh outlook, we need to do de-learning and r...

Read More

Payment of Tax under QRMP Scheme for March, 2021

1. All taxpayers having aggregate turnover up to Rs 5 crores, under QRMP Scheme (w.e.f. 01.01.2021 onwards), are required to furnish return on quarterly basis, along with payment of tax on monthly basis....

Read More

Taxpayer functionalities deployed on GST Portal in March 2021

New Functionalities made available for Taxpayers on GST Portal in March, 2021 1 – Registration 1. Assignment of new applications of registration, in certain cases, with same PAN and in same State/ UT New registration applications of the applicants, whose previous application for registration were either rejected by Tax Officer or wh...

Read More

Auto-population of e-invoice details into GSTR-1 for March 2021

Auto-population of e-invoice details into GSTR-1 1. For the month of March, 2021, the auto-population of e-invoices into GSTR-1 (of March, 2021) is still in progress and is likely to take some more time. Hence, notified taxpayers who are reporting e-invoices, are hereby advised not to wait for the complete auto-population, and instead pro...

Read More

GST Revenue collection for March’ 21 sets new record

The gross GST revenue collected in the month of March 2021 is at a record of ₹ 1,23,902 crore of which CGST is ₹ 22,973 crore, SGST is ₹ 29,329 crore, IGST is ₹ 62,842 crore (including ₹ 31,097 crore collected on import of goods) and Cess is ₹ 8,757 crore (including ₹ 935 crore collected on import of goods)....

Read More

GST e-invoices cross 39.81 Crores in Six months

GST e-invoice system, the game changer in the GST system, has successfully completed journey of six months. During this period more than 39.81 Crores e-invoices have been generated by 88,000+ suppliers.  There are more than 47 lakh recipients involved in these transactions, who will be receiving Input Tax Credits easily. On 31st March 20...

Read More

Record 7.12 Crores E-Way Bills in generated in March 2021

7.12 Crores E-Way Bills in March-2021; Highest in a month during last three years A total of 180.34 Crores of e-Way Bills have been generated in last 3 years E-way Bill system helped government to facilitate monitoring of the movement of essential commodities and medical supplies, during lockdown necessitated by COVID-19 pandemic E-Way Bi...

Read More

Updated schedule of CGST rates on goods as on 31.03.2021

The GST rates on certain goods have under gone changes since the introduction of GST. The rate changes are given effect through amending notifications issued from time to time. Requests have been received for publishing a consolidated rate schedule incorporating all the changes....

Read More