Enquiry Form Alert to Taxpayers on fake messages on GST Refund The Central Board of Indirect Taxes and Customs (CBIC) and the Income Tax department have warned taxpayers not to fall prey to fake messages on GST Refunds by clicking on unverified links. Please do not click...
Enquiry Form Composition Scheme Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover. This scheme can be opted by any taxpayer whose turnover is less than Rs. 1.0 crore. Can I opt for the Composition Levy? You can...
Reduction of burden of compliances during pandemic of COVID-19- We all are aware (or may be some of us are already fed up) with the news of CoVID-19 which is pandemic and led to thousands death tolls around world with Italy the most affected country. To...
Several relief measures in areas of Income Tax, GST, and Customs & Central Excise in view of COVID-19 outbreak- The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak...
The GST Council - 39th meeting The GST Council - 39th meeting held on 14.03.2020, has made the following recommendations: Interest for delay in payment of GST to be charged on the net cash tax liability w.e.f. 01.07. 2017(Law to be amended retrospectively). Where registrations have been cancelled till...
Circular no. 137072020-GST dated 13th April 2020 The Government has released Circular no. 137/07/2020-GST dated 13th April 2020 wherein following matters have been clarified: Cancellation of Goods and Service ContractThe treatment under GST have been clarified vide above referred circular in respect of certain transactions of...
Suscipit quod non tempore autem iusto quis qui delectus nesciunt hic vero sed modi cumque deleniti molestias inventore iusto dicta id harum ea maxime dolor in exercitationem rerum quis sit dolor vero hic corporis ut quos reprehenderit ut omnis et iste nihil tempora. Expedita itaque corporis...