Category: GST
Viraj Raval wins GST-n-You Contest, 2020 on Benefits of GST held by GSTN The Goods and Services Tax Network (GSTN) conducted a month-long GST-n-You contest 2020 from 15th September to 15th October, 2020 on the various initiatives and reforms undertaken by the Government on GST. The entries were invited in …
Levy of GST on lotteries not ultra vires to the Constitution, prize money not to be abated for determining value of taxable supply– Supreme Court ABCAUS Case Law CitationABCAUS 3427 (2020) (12) Important case law relied upon by the parties:Sunrise Associates Vs. Govt. of NCT of Delhi and …
Taxpayers not to wait for auto-population of e-invoice details into GSTR-1 for months of Nov 2020 and Oct 2020 Update on auto-population of e-invoice details into GSTR-1 1. Certain notified taxpayers have been preparing and issuing invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) …
Waiver of penalty payable for non compliance of the provisions of capturing dynamic QR code in GST Invoice Government of IndiaMinistry of Finance (Department of Revenue)Central Board of Indirect Taxes and Customs Notification No. 89/2020–Central Tax New Delhi, the 29th November, 2020 G.S.R……(E). -In exercise …
Standard Operating Procedure for verification of taxpayers granted deemed GST registration Instruction No. 4/3/2020-GST CBEC-20/13/06/2020-GSTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing**** New Delhi, Dated the, 27thNovember, 2020 To,The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/Commissioners of Central Tax (All)The …
Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form GSTR 3B with …
GST e-invoicing made mandatory if turnover exceeds Rs. 100 Crores instead of Rs. 500 crores w.e.f. 01.01.2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 88/2020–Central Tax New Delhi, the 10th November, 2020 G.S.R. 704(E).—In exercise of the powers conferred by sub-rule (4) of …
Extension of time limit for furnishing FORM GST ITC-for goods dispatched to job worker MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 87/2020–Central Tax New Delhi, the 10th November, 2020 G.S.R. 703(E).—In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 …
CBIC rescinds notification specifying due dates of GSTR-3B for Oct 2020 to March 2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 86/2020–Central Tax New Delhi, the 10th November, 2020 G.S.R. 702(E).—In exercise of the powers conferred by section 168 of the Central Goods …
CBIC notifies Rules for deposit in electronic cash ledger for Quarterly filing of GSTR 3B MINISTRY OF FINANCE (Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 85/2020–Central Tax New Delhi, the 10th November, 2020 G.S.R. 701(E).—In exercise of the powers conferred by section …
