Functionality In a major move towards taxpayer facilitation, the Government has today onwards allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS. Impact and Outreach This would substantially improve ease of GST compliance for over 22 lakh registered taxpayers who had to…
Important and Related Posts: GST for Companies under Insolvency | Special Procedure Notification No. 39/2020–Central Tax Dated 5th May, 2020 | Company under Insolvency Circular No. 138/08/2020-GST | Company in Insolvency | Extenstion of ITC-04 | Merchant Exporter Facility for registration of IRP/RPs made available…
Why ITC-02A has to be filed? if registered person intends to transfer the unutilized ITC lying in Electronic Credit Ledger to newly registered place of business then details in Form ITC-02A has to be furnished. To whom this facility is available? This facility is available…
UIN holders can claim refund under section 55 of the GST Act. The facility of cash ledger and liability register was not provided to UIN holders earlier, as they were only claiming refunds. As there is no check on invoices reported in Form GSTR-11, for…
The GST law requires an entity to obtain registration for TCS in each State /UT, where it has an obligation to collect TCS. The ECommerce operators were facing a challenge of having to obtain registration as TCS deductors in some States/ UTs as they…
Much awaited FORM GST PMT -09 has been enabled on GST portal, Now Taxpayer can transfer balance available in one head of cash ledger to another Taxpayers deposit money using challan and the paid amount gets credited in the particular head in the Electronic Cash…