KNP Taxation

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Introducing Electronic Credit Ledger Reversal and Re Claimed Statement on GSTN.

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Home | KNP TAXATION | Company Registration | Accounting Services | GST Services | Trademark Services | E-commerce | AGRA | At KNP Taxation, our mission is to provide our clients with the highest quality of tax services. We understand the ever-changing tax code and are dedicated to finding the best solution for each of our clients. Our team of professionals are committed to providing personalized service and guidance tai...

GET TRADEMARK AND MAKE YOUR OWN BRAND
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GET TRADEMARK & MAKE YOUR OWN BRAND.
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KNP Taxation is now on WhatsApp.

Interested Candidate who knows tally software and want to work in taxation firm for experience who can apply here.

Candidate who operate tally, maintain accounts and have good knowledge of Ms office
Office Address : Shop No.05, Block No. 10, cloth Market, Sanjay palace, agra

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*GST Council Meeting Updates*

1️⃣ For all those who have no tax liability but have not filed GST returns for tax period July 2017 - Jan 2020 (prior to period), there shall be no late fee at all.

2️⃣ For people who have tax liability, maximum late fee for non-filing of GSTR-3B returns for period Jul 2017 - Jan 2020 has been capped to ₹ 500 instead of Rs 10,000. This will apply to all returns submitted during Jul 1, 2020 - Sep 30, 2020.

3️⃣ For small tax payers whose aggregate turnover is up to ₹ 5 crore, the rate of interest for late furnishing of GST returns for Feb, Mar and April 2020, beyond July 6, 2020: the rate of interest is being reduced from 18% to 9% till September.

4️⃣ Small tax payers whose aggregate turnover is up to ₹ 5 crore will be provided a waiver of late fees and interest if they file the form GSTR-3B for the supplies affected in months of May, June and July 2020, by September 2020.

5️⃣ Tax payers who could not get cancelled GST registrations restored in time are being given an opportunity to apply for revocation of cancellation of registration up to September 30, 2020. In all cases where registration has been cancelled till June 12, 2020.

Source: Ministry of Finance - official Twitter channel

Notification shall be issued for implementing these decisions taken.