Status of Annual Return filed till date 28/01/2020
Status of Annual Return filed till date 28/01/2020 as per GST Tech Twitter Handel.
No further extension in GST Annual Return filing due date – last date being Jan 31
Taxpayers may kindly note that the last date of filing Annual Return in FORM GSTR-9 and GSTR-9C for 2017-18 is 31.01.2020.
Annual Return Daily Filing Report January 2020, Shared By GSTN
GSTN On Dated 28.01.2020 Shared Annual Return Daily Filing Report January 2020.
GST Audit An Overview
GST is a trust based taxation regime wherein the registered dealer is required to self- assess his returns and determine tax liability. Audit has been defined in section 2(13) of the CGST Act, 2017 and it means the examination of records, returns and other documents maintained or furnished by the registered person under the GST Acts or […]
Representation for extension of due date for Annual GST return
REPRESENTATION FOR EXTENSION OF DUE DATE FOR FILING OF ANNUAL RETURN IN FORM GSTR-9, 9A, 9B AND AUDIT REPORT IN FORM GSTR-9C. “REPRESENTATION There is sufficient cause and need for the extension of filing of Annual Forms GSTR-9, 9A, 9B and 9C for a reasonable period of time to give justice to the correctness of returns, considering the need for reconciliations state-wise. The […]
GST Composition Scheme
Composition Scheme is a simple and easy scheme under GST for taxpayers. Small taxpayers can get rid of tedious GST formalities and pay GST at a fixed rate of turnover. This scheme can be opted by any taxpayer whose turnover is less than Rs. 1.0 crore*. *CBIC has notified the increase to the threshold limit […]
Income Tax Return filing for A.Y 2020-21: ITR-1, ITR-4 remains ‘Sahaj, Sugam’ for these taxpayers!
The Finance Ministry just notified the Income-tax Return (ITR) Forms ITR-1 (Sahaj) and ITR-4 (Sugam) for the A.Y 2020-21 to ensure that the e-filing facility for filing of return for assessment year (A.Y) 2020-21 is open as on April 1, 2020. ITR-1, ITR-4 for AY 2020-21: Persons who jointly own a single house property can […]
CBIC issued notification to further extend the amnesty scheme i.e. waiver of Late Fees for GSTR – 1
The CBIC vide Notification No. 04/2020 – Central Tax dated January 10, 2020, which further extends the time limit for filing of GSTR-1 in order to avail late fee waiver for the period July 2017 to November 2019 up to January 17, 2020. The GST council in its 38th meeting had recommended that late fee chargeable on […]
GSTR-1 Amnesty Scheme i.e. waiver of Late Fees to file GSTR–1 Extended
Ministry of finance has extended the due date of amnesty Scheme i.e. waiver of Late Fees to file GSTR–1 from 10 Jan 2020 to 17 Jan 2020. Source# Ministry of Finance Twitter Handle
THE TWELFTH PLAN HAS LISTED THE FOLLOWING AS THE OBJECTIVES FOR THE THE MSME SECTOR .
The Twelfth Plan has listed the following as the objectives for the MSME sector Promoting competitiveness and productivity in the MSME space. Making the MSME sector innovative, improving technology and depth. Enabling environment for promotion and development of MSMEs. Strong presence in exports. Improved managerial processes in MSMEs. Evolution and Performance of the MSME Sector […]