CBIC Vide Notification No. 39/2020–Central Tax Dated 5th May, 2020 has made following changes in Notification No. 11/2020 – Central Tax Dated 21st March 2020 In the first paragraph, the following proviso shall be inserted, namely: - "Provided that the said class of persons shall…
Notification No. 38/2020–Central Tax Dated 5th May, 2020 Amendment in Central Goods and Services Tax Rules, 2017, The Central Goods and Services Tax (Fifth Amendment) Rules, 2020. Insertion of proviso in in Rule 26(1), Which inter-alia provides that return in form GSTR-3B shall be can…
Petrol and diesel became more expensive in the national capital on Tuesday, after the Delhi government hiked the value-added tax (VAT) on auto fuels. The increase in fuel prices was to the tune of Rs 1.67 for petrol and Rs 7.10 per litre for diesel. The consumer now…
Institute of Company Secretary of India by announcement dated 04.05.2020 announce to postponed the entrance test of executive which was going to held on 28th May, 2020 due to COVID-19.CSEET test will now be held on Friday, 17th July, 2020 Click here to download the…
Delhi Government has imposed 'Special Corona Fees'- 70% tax on Maximum Retail Price of the liquor. It will be applicable from tomorrow. The move will boost the government revenue, which has been hit hard due to the coronavirus pandemic. The idea was considered at a Cabinet meeting chaired by…
Tamil Nadu has recorded the lowest GST revenue growth among industrial states in the last financial year. Data released by the GST website shows the state’s growth at 5.48%, was significantly lower than the national average of 7.17%. GST revenue includes central GST, state…
GST officers would have to audit and assess taxpayers via video-conferencing instead of undertaking physical visits amid the coronavirus pandemic, and the current guidelines need to be reviewed for this, according to experts. As per the current goods and services tax (GST) audit guidelines, taxpayers…
Revised Schedule for CA Exams Originally scheduled to be held in may 2020 In continuation to the Important Announcement dated 27th March, 2020, it is hereby notified for general information that in view of the ongoing spurt of the COVID-19 pandemic and in the interest…