Category: GST
CBIC to Roll out GST Investigation Module – Phase-1 from 1st September 2020 At the instance of Directorate General of GST Intelligence – DGGI, CBIC , the Directorate General of Systems and Data Management, Bengaluru Zonal Unit has developed an Investigation (Enforcement) module which works as a sub-module …
Form GSTR-2B, ITC Statement available for download on GST Portal for taxpayers GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient, on the basis of the information furnished by their suppliers, in their respective Form GSTR-1 & 5 and Form GSTR-6 filed by ISD. …
Interest on net GST liability paid by debiting electronic cash ledger payable on delayed returns from 1st September 2020 Section 50 of the CGST Act 2017 provides for levy of interest on delayed payment of tax. The interest is also payable on claiming excess input tax credit (ITC). …
Revised guidelines for mandatory personal hearings in virtual mode under GST Customs, Excise Act F.No. 390/Misc/3/2019-JCGovernment of IndiaMinistry of Finance, Deptt of RevenueCentral Board of Indirect Taxes & Customs(Judicial Cell)New Delhi.*** Dated 21 August 2020 INSTRUCTION To1. All Principal Chief Commissioner/ Chief Commissioner (Customs, CGST & Central Excise)2. …
Aadhaar number authentication for GST Registration made optional. Registration in such cases to be granted after physical verification of place of business Aadhaar Authentication process has been introduced, for the persons applying for GST registration as Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor (ISD)/ SEZ …
Steps for downloading document-wise details of Table 8A of Form GSTR-9 in Excel Format GSTN advisory Downloading document-wise details of Table 8A of Form GSTR-9 1. A facility has been provided to the taxpayers to download document wise details of Table 8A of Form GSTR-9, from the portal …
Functionality to file Revocation Application against GST Registration cancellation order enabled at GSTN Portal under Removal of Difficulty. Functionality to file Revocation Application In view of the Removal of Difficulty Order No. 01/2020 dated 25.06.2020, the restriction on filing revocation application, in case it was rejected, has been …
How to use Offline Tool to prepare Form GSTR-4 Annual Return by Composition Taxpayers An EXCEL based offline tool has been provided on GST portal for composition taxpayers to prepare their GSTR-4 Annual Return. 1.Steps to use the offline tool: Whether step is Online or Offline Steps to …
CBIC amends Form GST INV-01. Notifies Format/Schema for e-Invoice Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 60/2020 –Central Tax New Delhi, the 30th July, 2020 G.S.R…(E). -In exercise of the powers conferred by section 164 of …
CBIC amends class of registered persons for the purpose of e-invoice Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 61/2020-Central Tax New Delhi, the 30th July, 2020 G.S.R…..(E).—In exercise of the powers conferred by sub-rule (4) of rule 48 of the …
