Central Goods and Service Tax (CGST)

CONDITIONAL WAIVER OF LATE FEE FOR DELAYED FILING OF GSTR-1 Waiver from late fee payable on account of delayed filing of GSTR-1 has been provided, subject to such GSTR-1 being filed on or before the due date as prescribed. Late fee payable in respect of…

CONDITIONAL WAIVER OF LATE FEE FOR DELAYED FILING OF GSTR 3B Conditional waiver of late fee payable for delayed filing of return in Form GSTR 3B has been provided for various classes of tax payer for different tax period Late fee payable for delayed filing…

RATE OF INTEREST ON DELAYED PAYMENT OF TAXES Rate of interest applicable in case of delayed payment of taxes for the various tax periods has been notified. Rate of interest applicable for delayed payment of tax in respect of various tax periods and categories of…

Amendment in Rule 7 of Central Goods and Services Tax Rules, 2017 (CGST Rules) has been made wherein tax rates under composition scheme have been prescribed. Tax rates applicable in case of composition levy shall be as under: Section Applicable Category of registered person Rate…

The Central Government hereby appoints the 30th day of June, 2020, as the date on which the provisions of sections 118, 125, 129 and 130 of the Finance Act, 2020 shall come into force. Here is a quick review on the title of the said…

COMPOSITION TAX RATE Amendment in Rule 7 of Central Goods and Services Tax Rules, 2017 (CGST Rules) has been made wherein tax rates under composition scheme have been prescribed. Tax rates applicable in case of composition levy shall be as under: Section Applicable Category of…