GSTR 9C

Gist of GST Notifications issued on 21st & 23rd March 2020

Goods and Services Tax - Gist of GST Notifications issued on 21st & 23rd March 2020  Notification No. 10/2020 – Central Tax Dated 21st March 2020 The taxpayers having principal place of business in Dadra and Nagar Haveli has been merge with Daman and Diu and Dadra and Nagar Haveli from 27th January 2020. The tax period has been changed […]...

Read More

Summary of Central Tax Notification no. 10/2020 to 29/2020

Goods and Services Tax - GST Department has issued nearly 20 Notification on 21st March 2020 and 23rd March 2020. Details, explanations and impact of all these Notifications been summarised precisely herein. Notifications relates special GST procedure for taxpayers in Dadra and Nagar Haveli and Daman and Diu, special procedure for corporate debtors undergoing the...

Read More

Highlights of the 39th GST Council Meeting

Goods and Services Tax - 1. Deferment of the new GST return system and e-invoicing to 1st October 2020. The present return system (GSTR-1, GSTR-2A & GSTR-3B) will be continued until September 2020. 2. Changes in the GST rates GST on mobile phones and specified parts was increased from 12% to 18%. All types of matches have been rationalised to […]...

Read More

GST Council’s Recommendation on GST Procedures

Goods and Services Tax - The all empowered GST Council (GSTC) had its 39th meeting on 14th March, 2020. The meeting deliberated with a three pronged focus, viz, changes in law and procedure for trade facilitation, GST rates rationalization and I.T. facilities. The GSTC also took certain decisions to defer the new facilities/utilities and/or extend the due dates a...

Read More

Sign of Bigger Relief – 39th GST Council Meeting

Goods and Services Tax - A much-awaited relief has finally arrived in terms of relaxation and deferring many compliances,  whether it is about E-Invoicing or GST Audit for the financial Year 2018 – 2019 in the 39th GST Council meeting which took place on 14/03/2020. The rationale behind this is very clear logical as we have just finished the Audit [&hellip...

Read More

Request for not increasing Threshold Limit for GST Annual Return & Audit

Goods and Services Tax - A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply less collection of tax and hence loss of r...

Read More

Reconsider increase in turnover to Rs. 5 Crore for filing GSTR-9C

Goods and Services Tax - ICAI raises its Concern over increasing the threshold limit from Rs. 2 Crore to Rs. 5 Crore for filing Reconciliation Statement in form GSTR-9C and requested CBIC to reconsider its decision.  ICAI submitted that As per the data available 7% of registered taxpayers fall in the category of turnover above Rs. 5 Crores and hence […]...

Read More

Provide login facility to CA to file Reconciliation Statement in Form GSTR 9C

Goods and Services Tax - ICAI submitted to CBIC that The system of providing separate login id to the Chartered Accountant is working very smoothly under Income Tax whereas Offline facility available under GST has some shortcoming like error in applying DSC, long time for uploading Audit File. Accordingly, your goodself is requested to adopt this system of separa...

Read More

CBIC enables filing of GSTR-9 and GSTR-9C for financial year 2018-19

Goods and Services Tax - The Central Board of Indirect Taxes and Customs (CBIC) enabled the option to file GSTR-9 and GSTR-9C for the financial year 2018-19. GSTR-9 is an annual return to be filed yearly by taxpayers registered under GST. It consists of details regarding the outward and inward supplies made/received during the relevant previous year under differe...

Read More

91 to 92% Large Taxpayer filed GSTR-9/GSTR 9C by 12.02.2020: GSTN

Goods and Services Tax - About 91% of eligible large Taxpayers filed Annual GST Return and 92% eligible large taxpayers filed the Reconciliation Statement (GSTR-9C) by 12th Feb 2020  – 91.3% of eligible large taxpayers filed annual return (GSTR-9) by 12th Feb 2020. – 92.3% filed reconciliation statement (GSTR-9C) by 12th Feb 2020. -Total 42.03 Lakhs ...

Read More

HC allows Filing of GSTR 9 & GSTR 9C without late fees & penalty until further order

All India Federation of Tax Practitioners Vs Union of India (Andhra Pradesh High Court) - All India Federation of Tax Practitioners Vs Union of India (Andhra Pradesh High Court) Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue an appropriate writ, order or direction pa...

Read More

Look into issue of limited GST Server capacity & find solution: SC

UOI Vs Tax Bar Association (Supreme Court of India) - UOI Vs Tax Bar Association (Supreme Court of India) In the matter of UOI vs Tax Bar Association, Hon’ble Supreme Court through its bench comprising of Hon’ble Justice R F Nariman & Hon’ble Justice Ravinder S Bhatt, at the outset, refused to interfere in order as passed by Hon’ble...

Read More

Accept GSTR 9 / GSTR 9C returns without any late fees till 12th Feb 2020: Rajasthan HC

Tax Bar Association Vs. Union of India (Rajasthan High Court, Jodhpur) - Tax Bar Association Vs. Union of India (Rajasthan High Court, Jodhpur) BIG Relief Direction to file GSTR 9 and 9C without late fees till 12th Feb by Hon’ble Rajasthan High Court in PIL filed by Tax Bar Association, Jodhpur vs UOl In PIL No 1805/2020 Adv. Sanjay Jhanwar, Adv Rahul Lakhwani and Adv ...

Read More

Delhi HC unsatisfied with non-operationalisation of GSTR-9/9A/9C form for FY 2018-19

Sales 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

Consider representation to be filed for extension of GSTR9/9C due date: HC

All India Federation Of Tax Practitioners Vs. Union of India (Gauhati High Court) - All India Federation Of Tax Practitioners Vs. Union of India (Gauhati High Court) This petition is disposed of however, binding the respondent Union of India to take a decision on the representation to be filed on behalf of the petitioners, within one week of its filing. The respondent would also ad...

Read More

Central Goods and Services Tax (Third Amendment) Rules, 2020

Notification No. 16/2020-Central Tax [G.S.R. 199(E).] - (23/03/2020) - Central Government notifies Central Goods and Services Tax (Third Amendment) Rules, 2020 to further amend Central Goods and Services Tax Rules, 2017 ...

Read More

GSTR-9 & GSTR-9C due date extended to 30.06.2020 for FY 2018-19

Notification No. 15/2020-Central Tax - (23/03/2020) - CBIC extends time limit for furnishing of the annual return (GSTR-9 and GSTR-9C) specified under section 44 of CGST Act, 2017 for the financial year 2018-2019 till 30.06.2020 vide Notification No. 15/2020-Central Tax Dated  23rd March, 2020....

Read More

Request for not increasing Threshold Limit for GST Annual Return & Audit

A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply le...

Read More

Govt exempts foreign airlines from furnishing Form GSTR-9C

Notification No. 09/2020– Central Tax [G.S.R. 179 (E)] - (16/03/2020) - Govt exempts foreign airlines from furnishing reconciliation Statement in Form GSTR-9C if they  have complied with the sub-rule (2) of rule 4 of the Companies (Registration of Foreign Companies) Rules, 2014 vide Notification No. 09/2020– Central Tax dated-16th March, 2020. Exemption from furnishi...

Read More

39th GST Council recommendations on Law & Procedures

Press Release ID: 1606430 - (14/03/2020) - a. Interest for delay in payment of GST to be charged on the net cash tax liability w.e.f. 01.07.2017 (Law to be amended retrospectively). b. Where registrations have been cancelled till 14.03.2020, application for revocation of cancellation of registration can be filled up to 30.06.2020 (extension ...

Read More

Recent Posts in "GSTR 9C"

Gist of GST Notifications issued on 21st & 23rd March 2020

Gist of GST Notifications issued on 21st & 23rd March 2020  Notification No. 10/2020 – Central Tax Dated 21st March 2020 The taxpayers having principal place of business in Dadra and Nagar Haveli has been merge with Daman and Diu and Dadra and Nagar Haveli from 27th January 2020. The tax period has been changed […]...

Read More

Summary of Central Tax Notification no. 10/2020 to 29/2020

GST Department has issued nearly 20 Notification on 21st March 2020 and 23rd March 2020. Details, explanations and impact of all these Notifications been summarised precisely herein. Notifications relates special GST procedure for taxpayers in Dadra and Nagar Haveli and Daman and Diu, special procedure for corporate debtors undergoing the...

Read More

Central Goods and Services Tax (Third Amendment) Rules, 2020

Notification No. 16/2020-Central Tax [G.S.R. 199(E).] (23/03/2020)

Central Government notifies Central Goods and Services Tax (Third Amendment) Rules, 2020 to further amend Central Goods and Services Tax Rules, 2017 ...

Read More

GSTR-9 & GSTR-9C due date extended to 30.06.2020 for FY 2018-19

Notification No. 15/2020-Central Tax (23/03/2020)

CBIC extends time limit for furnishing of the annual return (GSTR-9 and GSTR-9C) specified under section 44 of CGST Act, 2017 for the financial year 2018-2019 till 30.06.2020 vide Notification No. 15/2020-Central Tax Dated  23rd March, 2020....

Read More

Request for not increasing Threshold Limit for GST Annual Return & Audit

A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply less collection of tax and hence loss of r...

Read More

Highlights of the 39th GST Council Meeting

1. Deferment of the new GST return system and e-invoicing to 1st October 2020. The present return system (GSTR-1, GSTR-2A & GSTR-3B) will be continued until September 2020. 2. Changes in the GST rates GST on mobile phones and specified parts was increased from 12% to 18%. All types of matches have been rationalised to […]...

Read More

GST Council’s Recommendation on GST Procedures

The all empowered GST Council (GSTC) had its 39th meeting on 14th March, 2020. The meeting deliberated with a three pronged focus, viz, changes in law and procedure for trade facilitation, GST rates rationalization and I.T. facilities. The GSTC also took certain decisions to defer the new facilities/utilities and/or extend the due dates a...

Read More

Reconsider increase in turnover to Rs. 5 Crore for filing GSTR-9C

ICAI raises its Concern over increasing the threshold limit from Rs. 2 Crore to Rs. 5 Crore for filing Reconciliation Statement in form GSTR-9C and requested CBIC to reconsider its decision.  ICAI submitted that As per the data available 7% of registered taxpayers fall in the category of turnover above Rs. 5 Crores and hence […]...

Read More

Provide login facility to CA to file Reconciliation Statement in Form GSTR 9C

ICAI submitted to CBIC that The system of providing separate login id to the Chartered Accountant is working very smoothly under Income Tax whereas Offline facility available under GST has some shortcoming like error in applying DSC, long time for uploading Audit File. Accordingly, your goodself is requested to adopt this system of separa...

Read More

Sign of Bigger Relief – 39th GST Council Meeting

A much-awaited relief has finally arrived in terms of relaxation and deferring many compliances,  whether it is about E-Invoicing or GST Audit for the financial Year 2018 – 2019 in the 39th GST Council meeting which took place on 14/03/2020. The rationale behind this is very clear logical as we have just finished the Audit [&hellip...

Read More

Browse All Categories

CA, CS, CMA (4,539)
Company Law (5,549)
Custom Duty (7,674)
DGFT (4,164)
Excise Duty (4,341)
Fema / RBI (4,050)
Finance (4,208)
Income Tax (32,373)
SEBI (3,365)
Service Tax (3,534)

Search Posts by Date

April 2020
M T W T F S S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930