Quarterly Returns and Monthly Payment Scheme

QRMP is an initiative by the Government in its initiative to simplify compliance for taxpayers | Quarterly Returns and Monthly Payment Scheme. Read more...

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Delinking – Debit and Credit Note

Delinking – Debit and Credit Note | Delinking of CDN from invoice, while reporting them in Form GSTR 1/GSTR 6 or filing Refund

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GST Compliance Calendar

GST Compliance Calendar for November 2020 | Here is a comprehensive image of our November Compliance Calendar. Read more for GST Return filing due-dates

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Top GST News for the Month

Here are the major of updates from the month of November: CBIC Issues GSTR 3A Notice in Bulk for Non-Filers,Robots to Check Tax Evasion in India,Clarification on the scope of 'Job-work' services,6% rise in GST Collection

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System computed values of GSTR 1 (Monthly filers) will be available in Form GSTR 3B as PDF Statement by GST Portal

GSTN makes System computed values of GSTR 1-Monthly filers available in Form GSTR 3B as PDF Statement

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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.

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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.

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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.

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Understanding the Supply ‘to & from’ SEZ in GST

In order to facilitate the supply of goods and services to and from SEZ, separate provision has been made under the GST regime.

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Provisional ITC -10% Rule: Summary of GST Circular No. 123/42/2019

Ahead of GSTR3B due date of , CBIC has resolved queries on provisional ITC @ 20% through Circular No. 123/42/2019-GST but still the ambiguity persist.

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CGST Notification 49/2019 – Updated CGST Rules, 2017 -The Sixth Amendment

The Central Government amends the Central Goods and Services Tax Rules, 2017 to be called as Central Goods and Services Tax (Sixth Amendment) Rules, 2019 vide Notification No. 49/2019 – Central Tax dated 09-10-2019.

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GST Exemption List – 7 New Services Added

Under GST, certain goods and services, as decided by the government, are exempt from goods and service tax on their supply i.e. ‘NIL’ GST rate is applicable to such transaction.

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