Category: GST
Interest calculation on delayed gst payment based on gross/net GST liability-CBIC Clarification CBIC through its official twitter handle has justified the levy of interest on delayed payment based on gross GST liability by issuing following clarification: There are some discussions in social media w.r.t. interest calculation on delayed …
CBI arrested GST Official and middleman asking bribe and monthly payment. Read Conversation secretly recorded The Central Bureau of Investigation (CBI) has arrested a private person, resident of Delhi and a Goods & Services Tax Officer (Gopal Krishna Madhav) in Trade & Taxes Department, Government of NCT Delhi …
No penal action on filing of belated GSTR-9/GSTR-9C returns-SC declines to interfere Rajasthan High Court Judgment In a recent judgment, Hon’ble the Rajasthan High Court had directed the GST authorities to accept the filing of GSTR-9 and GSTR-9C from the Petitioner namely Tax Bar Association till February 12th …
Extension of time limit for submitting FORM GST TRAN-1 to 31.03.2020 due to technical difficulties on common portal F.No. CBEC-20/06/17/2018-GST (Pt. I)Government of IndiaMinistry of Finance(Department of Revenue)*** New Delhi, the 7th February, 2020 Order No. 01/2020-GST Subject: Extension of time limit for submitting the declaration in FORM GST …
Due dates specified for filing FORM GSTR-3B for Jan-Mar 2020 in a staggered manner for taxpayers having an aggregate turnover of up to rupees five Crores Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 07/2020 – Central Tax New Delhi, the …
Extension of last date for furnishing GST annual return/reconciliation statement FORM GSTR-9/FORM GSTR-9C for the period from 01.07.2017 to 31.03.2018. Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No.06/2020 – Central Tax New Delhi, the 3 rd February, 2020 G.S.R…..(E).–In exercise of …
Amendments made in CGST Act/ IGST Act and GST rates by the Union Budget 2020-21 Amendments carried out in the Finance Bill, 2020 will come into effect from the date when the same will be notified, as far as possible, concurrently with the corresponding amendments to the similar …
High Court condemns GST officials staying 8 days at searched residential house, says such action punishable with three years jail term under IPC ABCAUS Case Law Citation:ABCAUS 3234 (2020) (01) HC Important case law relied upon by the parties:Income Tax Officer v. Seth Brothers, (1969) 74 ITR 836 (SC)Dr. Nand Lal Tahiliani v. Commissioner of …
SOP to be followed by exporters for claiming IGST refund. Format of details to be provided for verification SOP for exporters to claim IGST refund Circular No.131/1/2020-GST CBEC-20/16/07/2020-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing***** New Delhi, Dated the 23rd January, …
GST Taxpayers allowed to file GSTR-3B Returns in Staggered Manner due to difficulties faced in filing of the returns due to GSTN portal glitches. GSTR-3B Returns can be filed in Staggered Manner Now the GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner Considering …
