The 48th GST Council meeting was held on 17th December 2022. Key Highlights of the 48th GST Council meeting are as follows: Increase in threshold limit of initiating prosecution to Rs. 2 crores. Reduction in…

A lot of Multinational Companies (MNCs) have the practice of seconding/deputing one or more of its employees to its sister companies within and outside their country. Such transactions have come under the scanner of the…

GST Compliance Calendar for December 2022   S. No. Purpose Compliance Period Due Date Compliance Details 1 GSTR-7 Nov-22 10-Dec-22 GSTR 7 is a return to be filed by the persons who is required to…

Question 1. What is TDS under GST? Ans. TDS stands for Tax Deducted at Source (TDS). As per section 51, this provision is meant for Government and Government undertakings and other notified entities making contractual…

Following are the important due dates of compliance under GST: S.No. Purpose Due Date Compliance Details 1 GSTR-7- TDS return under GST 10-Nov-22 GSTR 7 is a return to be filed by the persons who…

CBIC vide Notification No. 21/2022-Central Tax dated 21st October 2022, on the recommendations of the Council, hereby extends the due date for furnishing the return in FORM GSTR-3B, for the registered persons required to furnish…

Vide Notification No. 18/2022-Central Tax dated 28.09.2022, the Central Government has appointed 01.10.2022 as the date on which the provisions of sections 100 to 114, except clause (c) of section 110 and section 111, of…

Important Due date of October 2022 Forms Period Due Date Details GSTR-7- TDS return under GST Sep-22 10-Oct-22 GSTR 7 is a return to be filed by the persons who are required to deduct TDS…