The latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies. The…
Continue Reading....Author: Amit Shah
Founder of Shah Consultancy Service and admin of the Website.
Job work under GST
Unlike earlier days, the manufacturing entities instead of carrying out entire operations themselves, outsource few processes to job workers. This helps the manufacturers to get…
Continue Reading....CBDT deferred GST and GAAR Reporting in Tax Audit Report till March 31, 2022
The CBDT vide Circular No. 05/2021 dated March 25, 2021 deferred the reporting under Clause 30C and Clause 44 of Tax Audit Report till March 31, 2022…
Continue Reading....E-invoicing mandatory for taxpayers having turnover more than INR 50 Cr. w.e.f. April 1, 2021
The CBIC vide Notification No. 05/2021- Central Tax dated March 8, 2021 amended Notification No. 13/2020- Central Tax dated March 21, 2020 to reduce the aggregate turnover limit for…
Continue Reading....Due date for filing GSTR-9 and 9C for FY 2019-20 has been extended to March 31, 2021
It may be noted that the due date for furnishing of the Annual returns (GSTR-9 and GSTR-9C) specified under section 44 of the CGST Act…
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