Category: GST
GST-Effective date of sections 118, 125, 129 and 130 of Finance Act 2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 49/2020 –Central Tax New Delhi, the 24th June, 2020 G.S.R.402(E).—In exercise of the powers conferred by sub-section (2) of section 1 of …
Payment of GST by real estate developer supplying construction of residential apartment etc. on shortfall value of inward supplies at end of financial year Instruction No. 3/2/2020-GST F. No. 354/32/2019-TRUGovernment of IndiaMinistry of FinanceDepartment of Revenue(Tax research Unit)***** Room No. 146G, North Block, New Delhi, 24th June, 2020 ToThe Principal Chief Commissioners / …
Disciplinary action directed against SGST Commissioner by High Court stayed by Supreme Court ABCAUS Case Law Citation:ABCAUS 3321 (2020) (06) SC Important case law relied upon by the parties:Dabur India Ltd. vs. State of Uttar Pradesh The Hon’ble Supreme Court In the instant case, the respondent was a …
Late fee for GSTR-3B return for July 2017 to January 2020 reduced / waived in 40th GST council meeting – Read other recommendations Recommendations of 40th GST council meeting related to Law & Procedure The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt …
Refund of accumulated ITC restricted to invoices uploaded by supplier in FORM GSTR-1 and reflected in FORM GSTR-2A of applicant Circular No. 139/09/2020-GST CBEC-20/06/03-2020 -GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing**** New Delhi, Dated the 10th June, 2020 To,The Principal …
GST not applicable on Director’s remuneration if subjected to TDS u/s 192 of Income Tax Act 1961. CBIC Clarification Circular No: 140/10/2020 – GST CBEC-20/10/05/2020 -GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing New Delhi, dated the 10th June, 2020 ToThe …
FAQ on filing Nil GSTR-3B return through SMS Facility, Verification Code and Post filing return, Error Messages, Description and Solution. Recently, the Govt. rolled out facility of filing of NIL GST Return through SMS to substantially improve ease of GST compliance. The filing of nil GSTR-3B returns by …
GST Special Procedure notified for Daman & Diu and Dadra & Nagar Havel extended MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 45/2020–Central Tax New Delhi, the 9th June, 2020 G.S.R.360(E).—In exercise of the powers conferred by section 148 of the Central Goods …
Time limit for rejection of GST refund extended to 15 days after receipt of reply to the notice MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 46/2020–Central Tax New Delhi, the 9th June, 2020 G.S.R.361(E).—In exercise of the powers conferred by section 168A …
Extension of validity of e-way bill expiring between 20.03.2020 to 15.04.2020 to 30.06.2020 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 9th June, 2020 Notification No. 47/2020–Central Tax G.S.R.362(E).—In exercise of the powers conferred by section 168A of the Central Goods and …