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Format of “Form”- CMP 08
Introduction A composition dealer is required to file CMP 08. Earlier they were required to file GSTR 4 on quarterly basis. Thereafter, rule 62 was amended in which CMP 08 is required to be filed as a quarterly statement. Details of sales, tax payable in
Format of “Form”- CMP 04
Introduction GST has a long list of compliances. It is easy for big corporations but small taxpayers find it hard. A composition levy is introduced to reduce the number of compliance on small taxpayers. It covers the taxpayers with turnover upto 1.5 Crores. Although in
Questions for Answer by Panel on 30-Aug-2020. [GST Litigation Hub]
Questions for Answer by Panel on 30-Aug-2020. [GST Litigation Hub] Sr. No. Question From Title Question Selection by Faculty Short Answer (Reference to Section, Notification, case law, etc may be added below.) Questions for Answer by Panel on 30-Aug-2020. [GST Litigation Hub] Disclaimer: The answers
Notification No. 65/2020–Central Tax
Notification No. 65/2020–Central Tax MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 1st September 2020 No. 65/2020–Central Tax G.S.R. 542(E).—In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act,
GST ComplianceVideo on live demo of GST return 1 filing
Latest update on GST 1- As decided in 42th Meeting of the GST council, Now the taxpayer can file their GSTR 1 quarterly. This facility is for the taxpayers with turnover up to 5 crores. Filing of GST return 1 This video will help you
Statutory Compliance Calendar for the Month of September 2020
Statutory Compliance Calendar for the Month of September 2020 Event Date Act Applicable Form Obligation 7/9/2020 Income Tax ITNS-281 Payment of TDS/TCS deducted /collected in August. 10/9/2020 GST GSTR-7 Monthly Return by Tax Deductors for August. 10/9/2020 GST GSTR-8 Monthly Return by e-commerce operators for August.
GST Due Date Calendar For September, 2020
GST Due Date Calendar For September 2020 Sl. No. Period Taxpayer Return Type Due Date 1. Aug 2020 Regular – with agg. T/O more than 1.5 Cr in preceeding FY GSTR 1 11.09.2020 2. Aug 2020 Regular – with agg. T/O more than 5 Cr
The Matter of Compensation To State GST Due To COVID-19
The Matter of Compensation To State GST Due To COVID-19 राज्यों की क्षतिपूर्ति का मामला आखिर क्या हुआ जीएसटी की 41 वीं मीटिंग में कोविड -19 के प्रभाव से केंद्र और राज्यों के राजस्व में भारी कमी आई है लेकिन सरकारों को अपने खर्चे और
Import data in GSTR-2A: PIB
Import data in GSTR-2A Two new tables have been inserted in GSTR-2A for displaying details of the import of goods from overseas and inward supplies made from SEZ units / SEZ developers. Taxpayers can now view their bill of entries data which is received by
Launch of GSTR-2B for the month of July 2020: PIB
Launch of GSTR-2B for the month of July 2020 The GST Council, in its 39th meeting held on 14th March 2020, had recommended to adopt and implement the incremental approach of linking the present system of filing of GSTR-3B and GSTR-1 and other significant changes
FORM GSTR-2B – Advisory
FORM GSTR-2B – Advisory (Available under “Advisory” Tab of GSTR-2B) 1. Terms Used: i. ITC – Input tax credit ii. B2B – Business to Business iii. ISD – Input service distributor iv. IMPG – Import of goods v. IMPGSEZ – Import of goods or inward
All About GSTR 2B – A new return launched by GSTN
GSTR-2B Enabled by GSTN GSTR-2B available from the month of July 2020 New features in GSTR-2B Static GSTR-2B • Static statement and available once a month • Freezing of data on the 12th of the month succeeding the month • Say, for the month of