Form CMP-08 for Composite Taxpayers– All You Need to Know!

A quarterly statement cum challan, form CMP 08 shall be used to declare the self-assessed details of the tax payable by a composite dealer in the given quarter.

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Advisory on Opting-in for Composition Scheme by GSTN – 2020-21

Considering the present scenario in the country with COVID-19 outbreak, GSTN (Goods and Service Tax Network) has recently issued an updated advisory for taxpayers opting for Composition Scheme for the Financial for Year 2020-21.

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Aerated Waters manufacturers as Regular tax-payers by excluding them from Composition Scheme by amending the notification 14/2019 Central Tax dated 7.3.2019.

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33rd GST Council, Adjourned!!!

The 33rd GST council meeting was scheduled to be held on February 20th, 2019. However, state finance ministers requested a face-to-face discussion on special schemes for Real Estate Industry and issues in taxation system on lotteries.

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