Goods and Services Tax - GST has been implemented in India from 1st July 2017. Under the new GST regime, more than R 1.32 Cr businesses in India have been registered and issued GST registration....
Read MoreGoods and Services Tax - Article contains Check list For GSTR 9, GSTR 9A and GSTR 9C. Check list Inward Supply 1. Taxpayers/Consultant should examine that all inward supply of raw materials, Packing Materials, Fuel, Stores and spares and services procured through purchase/Service order and from purchase order level itself registered taxable person are in position...
Read MoreGoods and Services Tax - SEEKING FACILITATION OF FILING FORM GSTR 9-A ( ANNUAL RETURN) FOR THE PERSON WHO OPTED TO PAY COMPOSITION TAX, ON THE GST COMMON PORTAL, IMMEDIATELY SINCE FOR 2020-21. 1. DISTINGUISH ‘FINANCIAL RETURN’ AND ‘ANNUAL RETURN’ :- Very clearly speaking, the form GSTR-4 is a financial year- Return, shall be furnish between the ...
Read MoreGoods and Services Tax - Hon’ble Finance Minister, Smt. Nirmala Sitharam in her Budget Speech on 1st day of February, 2021, omitted Section 35(5) and substituted Section 44 by Section 110 & 111 of the Finance Act, 2021 respectively in the CGST Act, 2017, so as to remove the mandatory requirement of furnishing a Reconciliation Statement (GSTR-9C) duly audite...
Read MoreGoods and Services Tax - Certain notifications have been issued by the CBIC yesterday relating to filing of Annual Return in FORM GSTR-9 and Reconciliation Statement in FORM GSTR-9C. A brief summary of them all is as below: Notification No. 29/2021 – Central Tax The provisions of Sec 110 & Sec 111 of the Finance Act, 2021 have been notified […]...
Read MoreGoods and Services Tax - Adverting to finalization of Forms 9, 9A & 9C under the Goods and Services Tax Acts which not only requires reconciliations in the accounts of the Tax Payer but it also requires reconciliations with the accounts of the suppliers and recipients. The time of 13 days available, that too, if we do not consider the intervening holidays is too ...
Read MoreGoods and Services Tax - Tax Bar Association, Bhilwara has made a Request to extend due date for submission of FORM GSTR-9, GSTR 9A and GSTR 9C under GST for the FY 2020-21 by two Months i.e. up-to 28th February, 2022, so that reconciliation work with Audited Financial Statements can be completed by the taxpayers after completion of their Income […]...
Read MoreGoods and Services Tax - Representation against Harassment of Taxpayers by the Department by issuing Notices for non-filing of GSTR9/9A for different Financial Years by Punjab Accountants Association to Shri Paramjit Singh, D.E.T.C., Jalandhar. THE PUNJAB ACCOUNTANTS ASSOCIATION (Regd. Vide No. 304 of 2019-20 under the Societies Registration Act, 1860) OFFICE : R...
Read MoreGoods and Services Tax - A letter is doing round on Social Media which is written on behalf of All Professionals, Tax Payers and Stakeholders in which A very humble prayer for further relaxation of provisions of section 139(1) and section 44AB of the Income Tax Act, 1961 by granting extension of due date and specified date respectively etc. from […]...
Read MoreGoods and Services Tax - Bhayander CA Social Group has made a representation requesting for extension of Due date for filing GST Annual Return & GST Audit for the Financial Year 2018-19 till 31st March 2021. Full text of the representation is as follows:- Bhayander CA Social Group BCASG/20-21/01 Date: 22 December’2020 To, Smt. Nirmala Sitaraman Hon̵...
Read MoreSales Tax Bar Association (Regd.) & Anr Vs Union of India (Delhi High Court) - Sales Tax Bar Association (Regd.) & Anr Vs Union of India (Delhi High Court) Learned counsel for the petitioner also submits that in respect of the financial year 2018-19, the GSTR 9, GSTR 9A and GSTR 9C Form have still not been uploaded and, consequently, even though the last date of filing of ...
Read More(01/01/1970) - That the due date for submission of Annual Return in Form GSTR-9, 9A and Reconcilation Statement in Form GSTR-9C (self-certified) reconciling the Annual Turnover with audited financial statement is 31st Dec., 2021 for the period from 01.04.2020 to 31.03.2021....
Read MoreNotification No. 30/2021–Central Tax/[G.S.R. 517(E)] - (30/07/2021) - CBIC has vide Notification No. 30/2021–Central Tax | Dated 30th July, 2021 amended Rule 80 related to Annual GST Return, It further amended Instructions related to GSTR 9 and also amended Form GSTR 9C. The existing Rule 80 replaced for making the requisite amendments in Form GSTR-9 & Form GSTR...
Read MoreNotification No. 80/2020–Central Tax [G.S.R. 679(E)] - (28/10/2020) - Vide Notification No 80/2020 dated 28.10.2020 CBIC extends the due date u/s 44 of CGST Act 2017 for filing of Annual Return (FORM GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from 31st October 2020 to 31st December, 2020. Ministry Of Finance (Department Of R...
Read MoreNA - (24/10/2020) - it has been decided to extend the due date for filing Annual Return (FORM GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from 31st October 2020 to 31st December, 2020....
Read MoreNotification No. 69/2020-Central Tax [G.S.R. 595(E)] - (30/09/2020) - After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020. Notification is as follows. MINISTRY OF FINANCE (Department of Revenue) CEN...
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Notification No. 30/2021–Central Tax/[G.S.R. 517(E)] - 30/07/2021