GSTR-4 is an annual return to be filed by composition taxpayers annually from the FY 2019-20. Original due date for filing GSTR-4 for the FY 2019-20 was 15th July 2020, which was extended by CBIC vide Notification No. 59/2020 dated 13th July 2020. Now GSTR-4 is to be filed by 31st August 2020. Composition taxpayers […]
Section 25 (10) of the CGST Act provides for deemed approval of application for GST registration after period of 3 working days if same is not approved within 3 days by GST officer. However during the lock-down as state and central offices was closed and there were no working days. To avoid any possible misuse
Deemed approval of GST registration to be resumed w.re.f. 01st August 2020 Read More »
CBIC vide Notification No. 59/2020 dated 13th July 2020 has extended due date for filing of GSTR4 to 31st August 2020 CBIC has extended due date for filing GSTR4 (Composition supplier) for FY 2019-20 to 31st August,2020, as GSTR 4 is not yet available on common portal for filing purpose. Original due date was 15th
Due date for FORM GSTR-4 extended for FY 2019-20 Read More »
Government issued notification no 57/2020-CGST dated 30th June 2020 to prescribe late filing fess for GSTR3B. Maximum late fee for Form GSTR 3B has been capped at Rs. 500 for the tax months having tax liability and Rs 0 for NIL GSTR3B, for tax period from July 2017 to July 2020 subject to returns being
CBIC issued notifications to provide relief by waiver of late fees and interest for delay in furnishing FORM GSTR-1 & GSTR3B. here is the summary of the due dates for relevant tax periods along with conditional due dates :
Conditional relief in late fee & interest for filing Form GSTR-3B and Form GSTR-1 Read More »
Facility to file NIL Form GSTR-1 through SMS to be implemented from first week of July 2020. In a major move towards GST taxpayers’ facilitation, the Government has decided to provide the facility of SMS filing of NIL statement of FORM GSTR-1 from 1st week of July 2020. The Central Board of Indirect Taxes and
Facility to file NIL GSTR-1 through SMS to be implemented from first week of July 2020. Read More »
CBIC further extends the due date of certain compliance which falls during the period from 20th March 2020 to 30th August 2020. In the spread of pandemic COVID-19, in order to provide relief to taxpayers CBIC had issued Notification 35/2020-CGST dated 03rd April 2020 extending time barring filing of most of the appeal, statements, reply,
Government has notified various relief measures relating to statutory and regulatory compliance matters under Goods and Service Tax Act amid Covid-19. Accordingly, CBIC has issued following notifications in order to provide relief to the GST taxpayers on 24th June 2020 Notification Summary 54/2020- Central Tax Due date for furnishing FORM GSTR-3B for the month of
Summary of GST compliance relief notifications issued by CBIC on 24th June 2020 Read More »
One more funny and strange judgement added in the list of comic judgement. I.e. Parotas are not rotis! Taxability of Parotas differ from Roti ! In recent GST AAR ruling, Karnataka Authority for Advance Rulings in the case of ID Fresh Food (India) Pvt Ltd (the Applicant) based in Bengaluru, distinguished the roti from parotas.
Parotas are not rotis and taxable under GST at the rate of 18% ! Read More »
The GST Council has made the following recommendations on Law & Procedures changes as per 40th GST Council meeting dated June 12, 2020. ✅Conditional reduction in the Late Fee for period of July 2017 to Jan-2020 As a measure to clean up pendency in return filing, late fee for non-furnishing FORM GSTR-3B for the tax period
GST Late fee waiver and recommendations of 40th GST council meeting Read More »
