NEW DELHI: The CBIC has asked GST risk management wing to conduct supply chain analysis to identify risky major suppliers to exporters and share it with jurisdictional field officers. The Central Board of Indirect Taxes (CBIC) had received representations from exporters saying in some cases…
Late filing of Bills of Entry (BOE) attracts late fees. Therefore, keeping in view the exigency due to outbreak of Corona Virus. Late Fees will not be charged for those Bills of Entry filed for clearance of import consignments which have arrived at ICD, TKD…
Central Board of Direct Tax has issued Circular No. 12/2020 Dated 20th May, 2020, wherein clarification has been which provides when provisions of section 269SU are not applicable. Relevant Extracts of circular: Since the prescribed electronic modes have a maximum payment limit per transaction or…
16 FAQ’S ON REDUCTION IN STATUTORY RATE OF EPF CONTRIBUTION FROM 12% TO 10% Employees' Provident Fund Organization (EPFO), India Ministry of Labour & Employment, Government of India has issued Circular dated 20th May 2020 providing FAQ’S ON REDUCTION IN STATUTORY RATE OF EPF CONTRIBUTION…
The CoVID-19 pandemic and the consequent lockdown restrictions imposed by national governments has impacted businesses not only in India but all over the world . In view of the same, SEBI has granted several relaxations to the listed entities in terms of timelines for filing…
MCA REVISED FAQ’S ON NAME RESERVATION AND RESUBMISSION FORMS Overview In view of the situation arising due to COVID-19 pandemic and extended lockdown period, Ministry of Corporate Affairs vide notification / circular dated 20th day of May, 2020 has issued Circular with respect to PERIOD/DAYS…
Know here what are the due date of filing of FORM GSTR-3B, CBIC has recently bifurcated the taxpayers whose turnover are upto 5 Crores; into 2 groups and standard due dates for filing of returns shall be group wise respectively. Due date of GSTR-3B for…
Types of Returns and Registered Person in GST | All GST Returns In this Article we shall be reading about types of registered persons in GST and compliance requirements for them. Following mentioned are the types of persons GST Regular Registered Person A person not…