Return Compliance in Form DRC-01B (Intimation of difference in liability reported in statement of outward supplies and that reported in return) 1.When can Form DRC-01B be filed? The system checks the spike between the liability declared in form GSTR-1/IFF and the liability paid in GSTR-3B/3BQ for each return period. If the liability declared in GSTR-1 […]
Central Government has notified the State Benches of the GST Appellate Tribunal (GSTAT) on September 14, 2023. The notification was published in the Gazette of India. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 14th September, 2023 S.O. 4073(E).—In exercise of the powers conferred by the sub-section 4 of section 109 of the Central Goods […]
(1) GST compensation cess GST compensation cess was levied for a period of 5 years up to 30th June, 2022. However ,its levy and collection has been extended till 31st March,2026 (2) Schedule III – Negative list Services by an employee to the employer in the course of or in relation to his employment. (services provided outside […]
Finance Bill, 2023The amendment states that input tax credit on goods and services received by companies to undertake CSR activities under section 135 of Companies Act, 2013 is not allowed. The amendment will come into effect from the date to be notified. o Track the ITC reversed in GSTR 3B under Table 4(B)(2) are correctly reclaimed […]
The Finance Act 2023 removed the terms “minimal human intervention” and “essentially automated” from the definition of OIDAR services. In this respect, services that were traditionally excluded due to the human involvement element may come within the scope of the GST. OIDAR is a category of services provided digitally through the medium of the internet. […]
Notification No. 41/2020 – Central Tax New Delhi, the 5 th May, 2020. G.S.R…..(E).– In exercise of the powers conferred by sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with rule 80 of the Central […]
Notification No. 37/2020 – Central Tax New Delhi, the 28th April, 2020 G.S.R. ….(E).— In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with clause (c) of rule 9 and rule 25 of the Central Goods and Services Tax (Fourth Amendment) Rules, […]
Seeks to extend due date for furnishing FORM GSTR-3B for supply made in the month of May, 2020 Central Board of Indirect Taxes and Customs Notification No. 36/2020 – Central Tax New Delhi, the 3rd April, 2020 (For full version of notification please click the link at the bottom). The following amendments in the notification […]
Seeks to extend due date of compliance which falls during the period from “20.03.2020 to 29.06.2020” till 30.06.2020 and to extend validity of e-way bills Central Board of Indirect Taxes and Customs Notification No. 35/2020 – Central Tax New Delhi, the 3rd April, 2020 (Please click the link at the bottom for full version of […]
Seeks to extend due date of furnishing FORM GST CMP-08 for the quarter ending March, 2020 till 07.07.2020 and filing FORM GSTR-4 for FY 2020-21 till 15.07.2020. Central Board of Indirect Taxes and Customs Notification No. 34/2020 – Central Tax New Delhi, the 3rd April, 2020 (Please click the link at the bottom for […]
