Budget 2020 in GST – Highlights

Amendments in the Central Goods and Services Tax Act,2017 / Integrated Goods & Services Tax Act, 2017 /Union Territory Goods & Services Tax Act,2017. Amendments carried out through the Finance Bill, 2020 will come into effect on the date of its enactment (unless otherwise specified).

February 2020 GST Compliance Calendar

The due date to file your Annual Return form GSTR 9/9A and Reconciliation statement GSTR 9C is January 31 st , 2020.

Tax authorities gear up for first-ever GST Audit

The GST collection has started showing signs of recovery with the monthly collection crossing 1 lakh crore for 2 consecutive months.

7 GST updates for the month of January

The new returns shall introduce new and simplified forms GST Ret 1, Ret 2 and Ret 3 along with annexure form GST Anx 1 and Anx 2.

Top 10 IRISGST upgrades of 2019 that helped you ease your compliance journey!

It is the month of December, the month where we shall not only part ways with the year 2019 but also the entire 2010-decade. Talking in terms of GST, the

10 Things You should know about eInvoicing under GST

Starting April 2020, the eInvoicing mechanism shall be made mandatory for certain category taxpayers, based on their aggregate turnover. And to help these taxpayers get accustomed to the new system,

38th GST Council Meeting – Highlights

The 38th GST Council meeting was held on December 18, 2019, under the chairmanship of Union Finance Minister of India, Smt. Nirmala Sitharaman. Here are the preliminary highlights of the 38th GST Council Meeting:

e-Invoicing becomes mandatory from 1st April 2020

On 13th Dec 2019, Government notified the e-invoicing rules, its applicability and date from when the notified rules will be effective. In all there were 5 notifications and a summary

Government to introduce Lottery-based GST Collection

Following a downfall in GST collection, a rise of 1.07 crores was observed in the month of November. This rise was brought on account of the efforts put in by