Post by: poonamgandhi in GST GST in India
Central Goods and Services Tax (Second Amendment) Rules, 2022 Central Board of Indirect Taxes and Customs introduced the Central Goods and Services Tax (Second Amendment) Rules, 2022, vide notification no. 19/2022- Central Tax dated 28th September 2022. Notably, the said…
Post by: poonamgandhi in GST GST in India
Guidelines for issuance of summons under GST Despite having a huge impact, it is observed that ‘summon’ is by and large being issued by the department in a casual and routine manner. In order to ensure the judicial use of…
Post by: poonamgandhi in GST GST in India Legal News
Scrutiny of GST returns and Parameters thereof as per SOP Recently, the Central Board of Indirect Taxes and Customs, vide instruction no. 02/2022-GST dated 22nd March 2022, has come up with the Standard Operating Procedure (SOP) to be followed for…
Post by: Renu Suresh in GST GST in India
Extension of Due Date for Form GSTR-3B & FORM GST PMT-06 for April 2022 In a relief for tax professionals and taxpayers who were facing technical glitches in filing GSTR-3B return for April 2022, the Central Board of Indirect Taxes…
Post by: poonamgandhi in GST GST in India
A consequence of non-filing/ late filing of Form GSTR-1 and Form GSTR-3B Two GST returns, namely Form GSTR-1 and Form GSTR-3B, play a vital role in the life of a normal registered person under GST. Form GSTR-1 covers details of…
Post by: poonamgandhi in GST GST in India
Mandatory Reconciliation of Form GSTR-3B and Form GSTR-2B Under GST, the introduction of both auto-generated statements in Form GSTR-2A and thereafter Form GSTR-2B created huge havoc with regard to which form to be considered as a base for availment of…
Post by: poonamgandhi in GST GST in India Legal News
Initiation of recovery proceedings due to difference between GSTR-1 and GSTR-3B Under Goods and Services Tax, various amendments were made effective from 1st January 2022. Out of them, one of the important amendment that is creating a huge hue and…
Post by: Renu Suresh in GST
CBIC Extends Due Date of Various GST Compliance beyond 31st August 2021 Based on the multiple representations received, The Central Board of Indirect Taxes and Customs (CBIC), vide various notifications published on 29th August 2021, notified multiple reliefs under GST laws.…
Post by: Renu Suresh in GST GST in India
Salient Features of the QRMP Scheme The Goods and Service Tax Network (GST) has announced the Salient features of Quarterly Return Monthly Payment QRMP Scheme vide a Notification dated 20.11.2020. The GST registered person having aggregate turnover of five crore rupees will…
Post by: poonamgandhi in GST News
Clarification on cumulative applicability of rule 36(4) The present article covers the recent clarification issued by the Central Board of Indirect Taxes and Customs, vide circular no. 142/12/2020- GST dated 9th October 2020, with regard to the applicability of rule…
