Recent Changes in GST
Important changes have been introduced with amended GST rules being introduced. The applicability of such changes is w.e.f 22 Dec […]
GST
GST Quarterly Return Monthly Payment Scheme Explained
The scheme aims to reduce compliance burden of small GST taxpayers by allowing quarterly filing GSTR 3B returns for taxpayers
Is the Notice pay recovered by Employer is taxable under GST?
In GST, there are several issues coming before the taxpayer regarding taxability. One of the issues is the amount recovered
Reliefs by Finance Ministry due to COVID-19 Pandemic
Marathi Version (मराठी आवृत्ती) : http://www.ssburad.com/blog/1260/ The Hon’ble Finance Minister has announced some major changes and relief in Direct Tax,
Late Fees for Non-Filing of GSTR-1 after 10.01.2020
As a one-time measure to enable taxpayers to clear the backlog of all GSTR-1 which have not been filed from
E-invoice and QR Code under GST
E-invoice and QR Code (Notification no. 68, 69, 70, 71 & 72/2019 –Central Tax all dated 13th December, 2019) 1.
Precautions for ITC availed in Books of Accounts and not reflecting in GSTR-2A
Precautions for ITC availed in Books of Accounts and not reflecting in GSTR-2A There are issues related to ITC claims
Be particular to file GSTR-3B Returns otherwise you will barred from generating E way bill
Be particular to file GSTR-3B Returns otherwise you will barred from generating E way bill ID of taxpayer/transporter will be blocked
CBIC clarification on 20% ITC restriction
CBIC clarification on 20% ITC restriction on invoices/debit-notes not uploaded by supplier in GSTR-1 The Government has issued Notification 49/2019-Central
Generation and quoting of Document Identification Number (DIN)
CBIC opting DIN no (generated at central server ) for dept. correspondence throughout India from 8th November 2019 In keeping
ITC availment restricted if not reflected in 2A
New Provision- ITC not reflected in GSTR-2A, Government put a restriction for such ITC As per Notification No. 49/2019 Central
Filing of Annual Return becomes optional
Filing of Annual Return becomes optional to small taxpayer(Turnover ≤ 2 Crore) for the period 2017-18 & 2018-19 As per
Due Date for Filing of returns for the period Oct 19-Mar 20
The followings are the due date of return of GSTR-3B(Monthly), GSTR-1(Monthly) and GSTR-1(Quarterly) for the period Oct-19 to Mar-20 as
NN. 14/2019 Central Tax
Seeks to supersede Notification No. 08/2017 – Central Tax dated 27.06.2017 in order to extend the limit of threshold of
NN. 13/2019-Central Tax
Seeks to prescribe the due dates for furnishing of FORM GSTR-3B for the months of April, May and June, 2019.