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…
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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…
Continue Reading....GSTN issued FAQ’s on the Quarterly Return Monthly Payment of Taxes (QRMP) Scheme
The Goods and Services Tax Network (GSTN) has issued frequently asked questions (FAQ’s) on the Quarterly Return Monthly Payment of Taxes (QRMP) Scheme. Q: What is QRMP scheme?…
Continue Reading....Parliamentary panel suggests lower GST rate for auto sector
The Parliamentary Standing Committee on Commerce on Wednesday recommended a slew of measures, including changes in GST rates of certain commodities, to improve the investment…
Continue Reading....GSTN: Functionality to opt in for composition has been made available for FY 2021-22
The Goods and Services Tax Network (GSTN) says the functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard…
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