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 […]
NON FILING OF GST RETURNS CBIC in a recent circular has laid down the special procedure to be followed against the non filers of GST returns.This also includes Recovery in GST if GSTR3B has not bee filed by you as per the provisions of the CGST Act. To improve the compliance and increase revenue collection […]
Form GSTR-1 The return form GSTR-1 is for furnishing details of outward supplies by every registered taxpayers under regular scheme . This form is not required to be filed by a registered person having category as Input Service Distributor, Non-resident Taxable person , Composition dealer U/s 10 of CGST Act , Person responsible for deducting […]
The first and most important return forms in GST NEW RETURN system 2.0 is GST RET 1 . This return form may be filed quarterly as well as monthly. The filing frequency depends on the aggregate turnover on the registered taxpayers. The taxpayers having turnover below 5 Crores may file the return form GST RET […]
https://youtu.be/KIBIa10JXks GST COUNCIL MEETING AGENDA GSTR9 AND GSTR9C DATE EXTENSION The GST Council to take big decisions regarding date extension for filing GST Annual return in Form GSTR 9 and GST Audit reconciliation statement in Form GSTR- 9C for FY 2017-18.The filing for annual and reconciliation statement is due on 31st December 2019. CBIC […]