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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
Gujarat HC in the case of Nipun Praveen Singhvi Versus State of Gujarat
Case Covered: Nipun Praveen Singhvi Versus State of Gujarat Facts of the Case: By means of this petition under Article 226 of the Constitution of India, the petitioner had prayed for the following reliefs as originally framed: “(a) Your Lordships may be pleased to pass
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
Points to be Remembered in case of Company Incorporation
Points to be Remembered in case of Company Incorporation Dear all members, some points to be remembered in case of Company Incorporation Assignments:- 1) While filling data online in spice+ Part A, fill all data very cautiously. Also if possible attach the main object(as approved
Former president and finance minister Pranab Mukherjee is no more
Pranab Mukherjee is no more. He was the former president of India. He handled many reputed posts. A stalwart politician from Congress. Almost every party had huge respect for him. He was a pioneer in many reforms in the Indian economy. Awarded Bharat Ratna for
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
Sharing of Data between Income Tax and GST Authorities
Background The CBDT has the power under section 138 of the Income-tax Act, 1961 to provide information received or obtained by income tax authorities to any officer, authority or body performing any functions under any law relating to the imposition of tax, duty or cess.
E-Invoice Schema Format – Mandatory Fields
E-Invoice Schema Format – Mandatory Fields On 30th July 2020, the Central Board of Indirect Taxes and Customs (CBIC) released a notification and introduced the “Schema for E-Invoice” for imposing the e-invoicing. It will be implemented from 01st October 2020, only for entities whose business
Advocate Dinesh VermaAug 29, 2020Supply of Used Business Assets under GST
This writeup deals with all the aspects related to supply of old and used business assets under GST. Being a business person there are various assets that are required for furtherance of business and after a span of time, they are sold as a second
MCA Notified Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020
Notification Dated 24.08.2020 G.S.R. 526(E).——In exercise of the powers conferred by section 135 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Corporate Social Responsibility Policy)
Madhya Pradesh HC in the case of Smt. Kanishka Matta
Case Covered: Smt. Kanishka Matta Versus Union of India Facts of the Case: The petitioner before this Court has filed this present petition for issuance of an appropriate writ, order or direction directing the respondent No.4 – Assistant Director, DGGSTI, Indore and respondent No.5 –
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
CA Tushar AggarwalAug 29, 2020