Implementation of Rule-59(6) on GST Portal- Restriction in filing of GSTR-1 1. Rule-59(6) of CGST Rules, 2017; inserted vide Notification No. 1/2021 dated 1st January 2021, provides for restriction in filing of GSTR-1 in certain…
S. No.StatuePurposeCompliance PeriodOriginal dateExtended DateEvent Details1Income TaxTDS/TCS Liability DepositJul-2107-Aug-2107-Aug-21Due date of depositing TDS/TCS liabilities for previous month.2Income TaxTDS/TCS Liability DepositJul-2107-Aug-2107-Aug-21Due date of depositing TDS/TCS liabilities for the period April to June for quarterly deposit of…
Taxpayers having AATO upto Rs.2 crore not required to file Annual Return (Form GSTR-9/9A) for FY 2020-21. CBIC through his Twitter handle announced to reduce the compliance burden for GST Taxpayer who has Average Annual…
The provisions for annual return and GST audit & reconciliation have been amended w.e.f 01.08.2021 As per Notification No. 29/2021-Central Tax dated 30.07.2021 provisions of sections 110 and 111 of the said Act Finance Act,…
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…
Who is a Goods Transport Agency As per Section 65B (26) of the Finance Act, 1994; “Goods Transport Agency means any person who provides service in relation to transport of goods by road and issues…
Tax officers may conduct the scrutiny of GST Returns filed by GST registered taxpayer. Scrutiny Assessment under GST A GST officer can check the GST returns of a taxpayer based on certain parameters. If he…
Upcoming functionalities to be deployed on GST Portal for the Taxpayers in the month of July, 2021 As part of our constant endeavour to provide a smooth and hassle free experience to the taxpayers and…