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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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

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Top GST News for the month of November

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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Provisional ITC -20% 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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GST Updates – New GST Forms and Functionalities available on the GST Portal

With an aim to provide taxpayer with a user-friendly and seamless compliance journey, the following GST updates have been on the GST portal / GSTN Portal GST Updates on Issues

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36th GST Council Meeting Highlights – Building up the EV Sector

Update: 18th December 2019 – 38th GST Council Meeting held under the chairmanship of Union Finance Minister of India, Smt. N. Sitharaman. The key highlights of the meeting can be

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5 Key Changes in New Simplified Returns

The Simplified returns are to be introduced under GST in order to simplify the complexities in the current return system. While the new GST system would be applicable for all

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GST Treatment of Secondary Discounts or Post-Sales Discount

CBIC vide Circular No. 105/24/2019-GST dated June 28, 2019, has clarified that the treatment of tax in cases of secondary discounts or post-sales discount under GST regimes for the purpose of determination

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Necessary actions to be taken for GSTR 9 and GSTR 9C – CBIC Press Release

Although the due date to file the annual return forms has been extended to August 31, 2019, the confusion among the taxpayers is yet to be settled. In order to

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Inward Supplies and ITC in GSTR 9: Table 6 Explained

Update 14th November 2019: The Government has extended the due dates for filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 to December 31,

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GSTR 9 Annual Return Form: Parts and Sub-sections Explained

In our previous article, we have covered all about annual returns and its different form types that need to be filed by different entities. Now let us focus on GSTR-9 Annual Return

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8 FAQs Around GST Annual Return

Annual return is a statement of return which is required to be filed annually by each registered person (except few specified categories of persons) under GST giving summarized details of

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