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Extend due date of furnishing FORM GST CMP-08 for the quarter ending March 2020 till 07.07.2020 and filing FORM GSTR-4 for FY 2020-21 till 15.07.2020.
Notification No. 34/2020 – Central Tax G.S.R…..(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following further amendments in the notification
Two big relief via CGST Rules amendment: Not. 30/2020
Major relief via CGST rules amendment: Notification no. 30/2020 dated 03042020 provided relief for taxpayers. Let us have a look at what it has provided. The composition can be chosen upto 30th June 2020. Impact of rule 36(4) will be combined from Feb 2020 to
Conditional Waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods of February, 2020 to April, 2020.
Notification No. 33/2020 – Central Tax G.S.R…..(E).— In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following further amendment in the notification
Departmental GST Audit
Departmental GST Audit 1. INTRODUCTION In the GST regime the assessee is required to self-assess his returns and determine tax liability. Therefore, a tax regime that relies on self-assessment has to put in place a robust audit mechanism to measure and ensure compliance of
Palash KhurpiaApr 4, 2020Extend due date for furnishing FORM GSTR-3B for supply made in the month of May 2020.
Notification No. 36/2020 – Central Tax G.S.R…(E).- In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017), read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter
Extend due date of compliance which falls during the period from “20.03.2020 to 29.06.2020” till 30.06.2020 and to extend the validity of e-way bills.
Notification No. 35/2020 – Central Tax G.S.R…..(E).– In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with section 20 of the Integrated
Conditional Waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.
Notification No. 32/2020 – Central Tax G.S.R…..(E).— In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with section 148 of the said
GST Due Dates and Other Changes
GST Due Dates and Other Changes Relief in respect of due date on account of COVID-19 Taxpayers who are required to deduct tax at source, ISD, non-resident taxable person and the person required to collect tax at source have been allowed to furnish return/statement for
CA Tushar AggarwalApr 4, 2020All about Section 194 O of Income Tax Act 1961
All about section 194 O of income tax act 1961 Finance Act 2020 introduces a new section 194O for deducting the TDS of e-commerce participants. This section would be applicable from 01.Oct.2020. Kindly find below detailed analysis of section: Background With the increasing number of
Tarun BhatiaApr 4, 2020Measures to facilitate trade during lock down period by CBIC
Measures to facilitate trade during lockdown period – Section 143AA of customs act 1962 ( Circular no 17/2020 customs ) In light of unprecedented situations arising due to COVID 19, CBIC has been receiving a lot of queries regarding the furnishing of the bond
Tarun BhatiaApr 4, 2020GST on Real Estate Sector Deserves immediate attention
GST on Real Estate Sector Deserves immediate attention 1.1 Why RE sector deserves immediate attention? RE sector and the Indian economy • The real-estate sector is 2nd highest employment generator in India after agriculture sector (refer employmentnews.gov.in) • RE sector is expected to contribute 13%
Pritam MahureApr 4, 2020FORCE MAJEURE –CORONA VIRUS- ITS IMPLICATIONS
FORCE MAJEURE –CORONA VIRUS- ITS IMPLICATIONS Force majeure meaning “superior force” chance occurrence, unavoidable accident, is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a
Advocate Pradeep KumarApr 4, 2020