Promoters daughters are immediate relatives and part of promoter group irrespective of marriage or living a separate life or no involvement in management – SEBI Promoters daughters are part of promoter group  SEBI replying to a informal guidance has stated that by virtue of the definition of ‘promoter …

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 …