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As per the recent update, the registered persons were facing certain challenges or issues in the implementation of provisions of GST Laws, and on 06th May 2020 CIBIC which stands for the Central Board of Indirect Taxes These types of taxes paid on Consumption by the consumer but they do not pay directly to the […]
The Due dates to file GSTR-3B in Union Territories of Jammu & Kashmir and Ladakh have been extended by The Central Board of Indirect Taxes and Customs (CBIC). The CBIC released a notification Check out the latest official updates under GST (Goods and Services Tax) by the CBIC department. Also, we include notifications & circulars/orders […]
The High Court of Delhi permitted taxpayers who are registered under GST to claim collected CENVAT credit from the pre-GST system till 30th June 2020 and that the high court also stated that the benefit of the transitional credit will be applicable for 3 years since the launch of GST on 1st July 2017. It […]
The Government provided some relief to taxpayers for GST Compliance for annual returns filing and audits by increasing the due dates for some and additionally the validity of Electronic Waybill (E-way Bill) has been also extended till the end of the month. The Central Board of Indirect Taxes and Customs (CBIC) released a GST notification […]
Transportation is completely halted in the lockdown period imposed by the government to contain the spread of the Coronavirus. There are still some strict restrictions on people’s traveling. Thus it is obvious that cab and autorickshaw drivers are going through a tough time. That’s why cab and autorickshaw drivers from Madurai (Tamil Nadu) urge the […]
The CBIC is the nodal national agency that administers Customs, GST, Central Excise, Service Tax & Narcotics in India. CBIC stands for the Central Board of Indirect Taxes and Customs and it released a circular concerning the provisional clearance of Goods under India’s Trade Agreements on 04th May 2020. The CBIC in this circular pointed […]
The Central Government on Friday 1st May 2020 postponed the release of GST revenue collection data of April Month due to the lockdowns and extended dates for return filing caused by COVID-19 Outbreak. In March month the government also extended the due dates by 15 days from the earlier deadline to file GST returns for […]
In the second week of April 2020, the Income-tax department asked taxpayers to keep their e-filing account safe, and the Income-tax department along with CIBIC asked taxpayers to beware of phishing attacks in which emails will be received regarding a refund. A phishing attack is not the only thing to concern in this situation, GST […]
In the lockdown caused by Coronavirus pandemic, many experts believe that the current GST audit guidelines Get some necessary points to be noted while filing GSTR 9C (GST Annual Return Audit Form) by tax professionals along with easy guide before GST audit report. Read more need to be reviewed because GST officers need to audit […]