CBIC ISSUED 5 NEW NOTIFICATIONS
Notifications issues by CBIC on 26.12.2019 Read Also : GST NEW RETURN FILING
Category: gst update
BIG BANG CHANGES IN GST INVOICES
GST E Invoices rules notified by CBIC In a big bang change in GST invoicing method Central Board of Indirect Taxes has notified the rules for issuing GST E invoices. To tackle the menace of fake invoices in GST and input tax credit GST e invoices rules notified by CBIC. GST Invoice Format was already […]
GST Council Meeting to be held on 18.12.2019
The next GST Council meeting is scheduled to be held on 18th December 2019 under the Chairmanship of Honorable Finance Minister Smt Nirmala Sitharam . In this 38th meeting of the all powerful GST body , the GST slab rate of 5% may be increased to 6% in order to increase revenue and to compensate […]
CHANGES IN GST ACT FROM 01.08.2019
The President of India has given his consent to the Finance Bill 2019 on 01.08.2019 and the same has been enacted as The Finance Act No 02 of 2019.. Provisions of CGST has been amended. The amendment act has done various major changes in existing GST Provisions . Some of the important GST Amendment includes […]
NEW SCHEME IN GST FOR SMALL TAX PAYERS
PAY ONLY 6% GST FROM 01.04.2019 – GST NEW SCHEME ANNOUNCED VIDE NOTIFICATION NO 02/2019 CT-(R) Central Board of Excise and Customs has launched a GST new scheme for the registered persons having turnover of Upto RS 50 Lacs during the financial year. As per the Notification No 02/2019 CT-R the intra-state supply of goods or […]