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…
Section 118 to Section 133 of The Finance Act, 2020 contains provisions which are pertains to the amendment in the Central Goods and Services Tax Act, 2017 Central Goods and Services Tax [CGST] (Amendment) Act 2020 | Finance Act, 2020
Central Goods and Services Tax (Sixth Amendment) Rules, 2020, applicable With effect from 27th day of May, 2020. GSTR-3B allowed to filed through Electronic Verification Code (EVC) during the period from the 21st day of April, 2020 to the 30th day of September, 2020, GSTR-1…
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…
NOTIFICATIONS Companies allowed to file GSTR-3B and GSTR-1 through electronic verification code (EVC) Companies registered under the provisions of Companies Act, 2013 may, during the period April 21, 2020 to September 30, 2020, file their GSTR-3B through EVC. Return in Form GSTR-1 may be filed…
HIGH COURT ORDERS OPENING OF TRAN-1 PORTAL BY JUNE 19, 2020 Vide its order dated May 05, 2020, in the case of M/s Brand Equity Treaties Limited, Hon'ble Delhi HC held that time limit provided in Rule 117 is directory, and not mandatory. It was…
Hon'ble Calcutta High Court, in the case of M/s SMVD Polypack Limited v. Commissioner of CGST and CX, Kolkata North Commissionerate & Ors. vide its order dated June 11, 2020 directed Department to accept the TRAN-01 in manual form, where the portal for filing the…
CBIC launched the e-Office application CBIC Begins Using e-Office in all CGST and Customs offices “The e-Office is a Mission Mode Project (MMP) under the National e-Governance of India.” Chairman of Central Board of Indirect Taxes and Customs (CBIC) has launched remotely the e-Office application…