GST return

Declaration of HSN Code for Goods and Services

Declaration of HSN Code for Goods and Services

The CBIC has published the decision to mandatory declare the HSN code for goods and the SAC code for services was taken in 42nd GST Council Meeting held on 5th October 2020. In this article, we will discuss on Declaration of HSN Code for Goods and Services. Declaration of HSN Code for Goods and Services … Read more

Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020

CGST Fourteenth Amendment Rules

The CBIC vide notification dated 22 December 2020 has published the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020. In this article, we will discuss the CGST Fourteenth Amendment Rules in brief. CBIC Notification on Fourteenth Amendment Rules, 2020 The CBIC vide notification dated 22 December 2020 has announced the Central Goods and Services … Read more

Important GST Changes Applicable from 2021

gst changes applicable

In a move to ease the pressure on small taxpayers, the Central Government has decided to introduce Far-reaching new amendments have been made in the CGST Rule, Vide Notification No 94/2020- Central Tax with the purported purpose to tackle the menace of fake invoicing. In this article, we will discuss on Important GST changes applicable … Read more

CBIC Extends Deadline for Filing GSTR 9 or GSTR9c

gst annual return filing FY19

The Central Government has issued the notifications for an extended due date for GST Annual Return and Audit report form GSTR 9 or GSTR9c. In this article, we will discuss on CBIC Extends Deadline for Filing GSTR 9 or GSTR9c Let’s summaries the Notifications issued:- Due to the COVID-19 pandemic, the GST Council has announced … Read more

GST on Transport

gst on transport

As we all know, Transportation plays a vital part in the economy, as any difficulty in transportation disrupts the entire business channel. However, as per the National Highways Authority of India, about 65% of freight and 80% of passenger traffic is transported roads. Transportation of goods by road taken by transporter or courier agency. In … Read more

Know the Key 40th GST Council Meeting Updates

40th GST council meeting updates

The 40th GST council meeting was held on Friday under the leadership of FM Nirmala Sitharaman. Here are key 40th GST Council Meeting Updates. The meeting was conducted via video conferencing.   Important 40th GST Council Meeting Updates The GST Council has given several recommendations on GST Law & Procedures changes. Here are the key … Read more

Now NIL GST Return Filing Easier than Ever!

NIL GST Return Filing Easier than Ever

The GST department has given a major relief to taxpayers by making GST Return Filing easier like never before! The tax department has allowed them to file NIL GSTR-3B Return easily through SMS. This is indeed a great relaxation for the 22 lakh taxpayers having GST registration who earlier had to log in to the … Read more

Government Announces GST Relaxations During Lockdown 3.0

gst relaxation lockdown 3.0

The Government has introduced various GST relaxations amid the Lockdown 3.0 that will continue till 17th May 2020. As we know that the world is caught into a great economic depression due to the COVID-19 pandemic. Due to the adverse impacts of the economic recession on the Indian small businesses during COVID-19 lockdown, the Indian … Read more

Great Relief! Businesses can file GSTR-3B without DSC during COVID-19 Lockdown

gstr-3b-without-dsc

Today the world is almost caught in a major catastrophe in the form of COVID-19 pandemic. India has been placed under complete lockdown till 3rd May 2020. Due to the inability of the businessmen to fulfill their regular compliance, the government has given certain relaxations. The Due-date for filing GSTR-3B for the month of February, … Read more