Category: GST
Amendment to Rule 80 of CGST Rules regrading exemption from GSTR-9C to taxpayers having Annual Aggregate Turnover upto Rs. 5 crores CBIC vide Notification No. 30/2021–Central Tax dated 30th July, 2021 has notified the Central Goods and Services Tax (Sixth Amendment) Rules, 2021 with effect from 1stday of …
Provisions abolishing GST audit and self certified reconciliation statement applicable from 1st August 2021 Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 29/2021–Central Tax New Delhi, the 30th July, 2021 S.O. ….. (E). -In exercise of the powers conferred by clause …
Functionality to check and update bank account details at GST Portal for new registration who have not yet furnished the bank account details GST has launched a functionality of checking and update bank account details at GST Portal How to add bank account in GST registration details. A …
New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for taxpayers GSTN has implemented a new functionality on taxpayers’ dashboards with the following features: •The taxpayers can now see the exact Annual Aggregate Turnover (AATO) for the previous FY, instead of just the two slabs of …
Clarification regarding extension of limitation under GST Law in terms of Hon’ble Supreme Court’s Order dated 27.04.2021. CBEC Clarification regarding extension of limitation under GST Law in terms of Hon’ble Supreme Court’s Order dated 27.04.2021. CBEC has issued notifications under Section 168A of the CGST Act, 2017, …
New functionalities to be deployed on GST Portal in the month of July, 2021 As per GSTN advisory, the following changes were recently deployed/ would be deployed shortly, on the GST portal: (1) Registration Module Form/ Functionality Functionality released/ to be released for Taxpayers Current Status Timelines for …
Important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below: A. Auto population of GSTR-3B liability from IFF and Form GSTR 1 : A taxpayer …
CBIC further waives penalty for non compliance of capturing dynamic QR code in GST Invoice between the period from 1st December, 2020 to 30th September 2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 28/2021 –Central Tax New Delhi, the 30th June, 2021 …
Functionality to check PAN misuse introduced on GST Portal There has been instances of misuse of PAN for obtaining GST registration. In order to check this, a functionality to register such complaints on GST Portal has been introduced. The functionality will check the misuses, control the …
CBIC has issued circulars clarifying regarding applicability of GST rates on various supplies/services. The summary of the clarifications issued is as under Circular No. Subject Circular No. 149/05/2021-GST Clarification regarding applicability of GST on supply of food in Anganwadis and Schools Circular No.150/06/2021-GST Clarification regarding applicability of GST …
