Best judgement assessment – returns were not filed by the petitioner within the prescribed time limit – What if ? The honourable High court of Madras in the case of Comfort Shoe Components vs Assistant Commissioner Ambur has delivered an important decision on the question of Assessment on Best Judgement method for registered non-filers In […]
How to add bank account in GST registration details. A functionality to check status of bank account details update for the taxpayers who have taken new registration at GST Portal but have not yet furnished the same, has been introduced, in view of Rule 10A of the CGST Rules 2017. Such taxpayers are required to […]
Coming down hard on the indirect tax department the Allahabad High Court said the tax department harassed a taxpayer by cancelling his registration and slapped a fine of Rs 10,000. The high court also revoked the cancellation of registration of the taxpayer on account of “non filing of Goods and Services Tax (GST) returns for […]
Suggestions for the upcoming Budget can be submitted by clicking on the link given below . Last date to submit the suggestions is 07th November 2020. Major changes in GST is required to make the compliance easier and required proper implementation. Click below SUBMIT YOUR SUGGESTIONS HERE
EXTENSION OF DUE DATES OF GST ANNUAL RETURN (GSTR 9) AND RECONCILIATION STATEMENT (GSTR 9C) FOR FY 18-19 Vide notification No. 69/2020 –Central Tax,dated30.09.2020, the due date for furnishing of the Annual return for the FY 2018-19 was extended till31.10.2020. On recommendation of the GST Council, the due date for filing annual return FORM GSTR […]