Circular No.138/08/2020 dated 06th May, 2020 provides as follows Issues related to Insolvency and Bankruptcy Code, 2016 Time limit for Registration by IRP/RP shall be 30 days from his/her appointment or 30th June whichever is later Relevant posts for understanding concept of IRP and GST…
Notification No. 42/2020–Central Tax Dated 5th May, 2020 deals with relaxation given to taxpayers in UT of Jammu and Kashmir & Ladakh for filing of return in FORM GSTR-3B which reads as follows Full Text of the Notification No. 42/2020–Central Tax Dated 5th May, 2020…
CBIC Vide Notification No. 41/2020–Central Tax Dated 5th May, 2020 in supersession of Notification No. 15/2020 – Central Tax dated 23rd March 2020 has provided as follows "except as respects things done or omitted to be done before such supersession, the Commissioner,the Commissioner, on the recommendations…
Notification No. 35/2020 – Central Tax Dated 21st March 2020CBIC Vide Notification No. 40/2020–Central Tax Dated 5th May, 2020 has made following changes in Notification No. 35/2020 – Central Tax Dated 21st March 2020 Insertion of proviso "Provided that where an e-way bill has been…
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…
CBIC vide Notification No. 37/2020 – Central Tax Dated 28th April, 2020 has notified that Rule 87(13) of The CGST Rules, 2017 shall be applicable from 21st April 2020 Know every thing about functionality and FAQ Full text of the Notification: "In exercise of the…
Case Study: Procedure to be followed for Activity of sending / taking the goods out of India for exhibition or on consignment basis (hereinafter referred to as said activity) for export promotion. Such goods sent / taken out of India crystallise into exports, wholly…