When DGFT chose TCS to revamp the website/platform, I was very happy that at least for once, this combination will make the life of the exporters better. However, my happiness was shattered just by the purposeless complications in the design of the website/platform whereas the earlier DGFT website was very plain & simple. I had […]
1. The CBIC vide Notification No. 14/2020-Central Tax, as amended by Notification No. 71/2020-Central Tax mandates that the taxpayers with an annual turnover of more than Rs.500 crore in any preceding financial year (starting from 2017-18) are compulsorily required to display QR (Quick Response ) code on their B2C invoices from 1st December 2020 (initially […]
Sales Tax Bar Association has requested for extension of time to file annual returns in FORM GSTR – 9 and Audit returns in FORM GSTR-9C for the year 2019-20. SALES TAX BAR ASSOCIATION (REGD.) Office: IInd Floor, Department of Trade & Taxes, Vyapar Bhawan, Indraprastha Estate, New Delhi-110002 EPABX No: 23352310 to 14 Extn No: […]
Attention GST Taxpayers who have opted for QRMP Scheme! Deposit due tax liability for January, 2021 by using Form/Challan PMT-06 before the due date February 25, 2021 as Latyye Payment will attract Interest. Please note that registered persons, opting to file quarterly GSTR-3B return under QRMP scheme, are required to pay tax due in M1 […]
now a taxpayer can know all the details about his purchaser before making any purchase from his supplier. This facility might work as an information exchange module between the recipient and supplier. Taxpayers and registered persons now can search GSTIN of any other taxpayer and view his profile in detail.
1. Recently (mainly December 2020) spate of show-cause notices (SCN) have been issued seeking to demand the service tax on the differential amounts as determined based on the values reported in the service tax returns (nil if not filed) and the values reported in Form 26AS filed under the Income Tax Act reflecting the TDS […]
Ministry of Corporate Affairs is Planning for extension of few of the provisions of the Companies Act, 2013 to the LLP Act, 2008 and has issued an announcement regarding planning of extension of few of the provisions of the Companies Act, 2013 with some modifications and adaptations, to the LLP Act, 2008 vide its power […]
This article aims to discuss various media reports/news & rumors regarding attachment of property of Tax Professionals (CA/advocate/Other Tax Consultants) for lower GST Tax payment by client.
This GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 101, 102 and 112 of the Finance Bill, 2021 with respect to scrapping GST Audit by professionals and moving to self-certification.
GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 100 of the Finance Bill, 2021 with respect to the addition of a new condition for availment of Input Tax Credit
