CBIC issues certain clarifications revolving around refund related issues
Know more...GSTN renders a glimpse of changes to be effected in Table 12 of Form GSTR - 1. 1. "Rate of Tax" to replace the existing field of "Total Value" in Column 6; and 2. Mandates turnover based HSN reporting in Table 12 effective April 1, 2021
Know more...CBIC vide press note dated February 28, 2021 extends due date for filing Annual return in GSTR 9 and its corresponding reconciliation in GSTR 9C for the financial year 2019-20 to March 31, 2021.
Know more...Certain amendments have been enacted vide the Finance Bill, 2021. These changes will come into effect from the date when such changes are notified, concurrently with the corresponding amendments to the similar Acts passed by the States and Union territories with Legislature
Know more...Noteworthy changes introduced vide Notification 94/2020 – Central Tax dated December 22, 2020. These changes are detailed in the Central Goods and Services Tax (Fourteenth Amendment) Rules, 2020. These have been made effective January 1, 2021.
Know more...Time limit for filing annual returns under Section 44 read with Rule 80, for the financial year 2018-19 extended until December 31, 2020.
Know more...Seeks to prescribe the due date for furnishing FORM GSTR-1 for the quarters October, 2020 to December, 2020 and January, 2021 to March, 2021 for registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year.
Know more...Seeks to prescribe return in FORM GSTR-3B of CGST Rules, 2017 along with due dates of furnishing the said form for October, 2020 to March, 2021
Know more...Seeks to prescribe the due date for furnishing FORM GSTR-1 by such class of registered persons having aggregate turnover of more than 1.5 crore rupees in the preceding financial year or the current financial year, for each of the months from October, 2020 to March, 2021
Know more...Seeks to notify the number of HSN digits required on tax invoices.
Know more...Seeks to
make the Twelfth amendment (2020) to the CGST Rules, 2017.
Seeks to make filing of annual return under section 44 (1) of CGST Act for F.Y. 2019-20 optional for small taxpayers whose aggregate turnover is less than Rs. 2 crores and who have not filed the said return before the due date.
Know more...