Category: GST
Deemed value of supply of lottery to be higher of 100/128 of face value of tickets/ price notified by Organising State MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 08/2020–Central Tax New Delhi, the 2nd March, 2020 G.S.R. 147(E).—In exercise of the powers …
Opening GST Portal to allow filing/Revision of TRAN-1. Supreme Court dismisses SLP of the Government against order of Punjab & Haryana High Court ABCAUS Case Law Citation:ABCAUS 3277 (2020) (03) SC Important case law relied upon by the parties:Krish Authomotors Pvt. Ltd. Vs UOI and otherWillowood Chemicals …
New GST Toll-free help desk number 1800-103-4786 launched from 26.02.2020 old number is discontinued GSTN has launched a new GST Toll-free help desk number. The new GST Portal Help Desk number is 1800-103-4786 from 26th Feb 2020. The existing no. 0120-4888999 will be discontinued. As per GSTN, it …
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 …