GST / Indirect Tax Last date for filing GSTR-3B in March, April and May 2020 will be extended till the last week of 30th June, 2020 for those having aggregate annual turnover less than Rs.…

Stress buster Council Meeting The 39th GST Council meeting held on 14th March 2020 took decisions on various important issues and came up with following stress busting recommendations: INTEREST Interest on delay in payment of…

Q.1 Under which circumstances can a registered Taxpayer file for cancellation of GST registration? Ans: A registered Taxpayer can file for cancellation of GST registration on the occurrence of any of the following events: 1. Discontinuance of…

Ministry of FinanceNow the GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner Posted On: 22 JAN 2020 6:29PM by PIB Delhi Considering the difficulties faced by trade and industry in filing of…

Today we will discuss about an important topic that how the benefit of reduced rate of GST will be transferred to the ultimate buyer. National Anti-profiteering Authority is therefore being constituted by the central Government…

Decoding of New Rule 36(4) of CGST Rules, 2017, Restriction in Availment of Input Tax Credit (ITC) Clarification regarding New Rule 36(4) of CGST Rules, 2017, Restriction in Availment of  Input Tax Credit (ITC)Circular No. 123/42/2019– GST, Dt. 11 Nov 2019…

1. Policy Changes New Return Filing System New Return filing to be now introduced from April 2020 (Earlier proposed from Oct, 19):- New return system now to be introduced from April, 2020 (earlier proposed from…