Goods and Services Tax : Annual Aggregate Turnover Computation Methodology-Article explains Calculation of Number of GSTR- 3B eligible or liable to filed, ...
Goods and Services Tax : The Ministry of Finance on 15th October, 2020 notified various notifications incorporating various changes to the CGST Act and CGS...
Goods and Services Tax : et’s study 9 major updates in GST, which are important for the taxpayers to take note of. Due to future changes & implementation...
Goods and Services Tax : The Scheme of New returns was designed to be implemented by 1st Oct 2020 and accordingly the present scheme of GST return filing w...
Goods and Services Tax : Consequent to the recommendations made by GST Council in its 42nd meeting held on 5th October,2020 the Govt. has issued a number o...
Goods and Services Tax : Goods and Services Tax Network (GSTN), the IT backbone of GST system, has launched the facility of filing of NIL statement for Com...
Goods and Services Tax : Association of Tax Practitioners, Ernakulam has made a representation to Principal Commissioner (GST) and highlighted Difficulty f...
Goods and Services Tax : GST Form CMP-08 - GST forms should be made available first and then the extension be granted and the limitation period for filing ...
Goods and Services Tax : Problem reported: Concern regarding CMP-08 is not reflecting on return dashboard. Resolution: This is in reference to our telephon...
Goods and Services Tax : Seeks to extend due date of furnishing FORM GST CMP-08 for the quarter ending June, 2022 till 31.07.2022 – Notification No. ...
Goods and Services Tax : Filing of Annual returns by composition taxpayers. – Negative Liability in GSTR-4 Filing of Annual returns by composition ta...
Goods and Services Tax : Notification No. 79/2020 – Central Tax Dated: 15th October, 2020. For the financial year 2018-2019 and 2019-2020, every register...
Goods and Services Tax : Notification No. 34/2020- Central Tax, dated 03.04.2020 -Extension of due date of furnishing statement, containing the details of ...
Goods and Services Tax : CBIC extends the last date for furnishing Form GST CMP-08 Quarterly Statement (Quarter April -June 2019 of Part thereof) by Compos...
GST Form CMP-08 – GST forms should be made available first and then the extension be granted and the limitation period for filing must be counted from the date of the form becoming available.
The Finance Bill, 2019 stands passed by the Parliament. Within a month of the last meeting, GST Council meets again for 36th time on 25 July, 2019. It is likely to consider the proposals of GST rate reduction in case of electric vehicles, from 12% to 5% besides taking up similar issue for solar systems, wind mills etc. The GST rate on chargers may also be slashed. The issue on lotteries is also to be discussed subject to clarity from Government.
Form GST CMP –08- Statement for payment of self-assessed tax for Composition Taxpayers Vide notification no. 20/2019 – Central Tax dated 23rd April 2019, the Central Goods and Service Tax (Third Amendment) Rules, 2019 were introduced. With the said introduction, the return filing requirement of the Composition Scheme dealers was modified. Further, vide notification no. […]
CBIC extends the last date / Due date for furnishing GST Composition Scheme payment FORM GST CMP-08 statement containing the details of payment of self-assessed tax, for the quarter April, 2019 to June, 2019, or part thereof, to 31st day of July, 2019 vide Notification No. 34/2019 – Central Tax dated 18th July, 2019. Quarterly […]
Problem reported: Concern regarding CMP-08 is not reflecting on return dashboard. Resolution: This is in reference to our telephonic conversation, we informed you that the functionality for filing CMP- 08 is currently unavailable on GST portal, we request you to wait for further notification and keep yourself updated with www.gst.gov.in. Problem Reported: Return GSTR-4 for […]
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 […]
GST Returns for Composition Tax Payers has been changed from 1st April 2019 As Notification No. 02/2019– Central Tax (Rate), dated the 7th March, 2019 Extract of Notification Furnish a statement, every quarter or, as the case may be, part thereof, containing the details of payment of self-assessed tax in FORM GST CMP-08, till the […]
Krishna,monsoon has arrived in India with all it’s glory. Similarly it’s raining in GST,with downpour of various notifications and circulars by CBIC, what are they about?
CBIC vide Notification No. 31/2019-Central Tax dated June 28, 2019, has made various amendments in CGST Rules, 2017 vide Central Goods and Services Tax (Fourth Amendment) Rules, 2019. The Central Board of Excise and Customs vide Notification No. 31/2019-Central Tax dated June 28, 2019, has made various amendments in Central Goods and Services Tax Rules, 2017 (CGST […]
Summary of Notifications & Orders issued Article contains summary of GST notifications and Orders issued by CBIC on 28th June 2019 to implement 35th GST Council meeting Recommendations which includes Extension of Due date of Various forms / Returns and amendment in GST Rules. 1. Due dates: Notification / Order Return Related to Period Due […]
