GST Counsaltantcy

Up coming Due Date of GST

Date extended once again, now file your ITR by 10 January
The last date for filing ITR has been extended once again. Now you can file ITR by 10 January 2021. Its last date was 31 December 2020

Clarification on issue of GST rate on alcohol based hand sanitizers – GST Service

Clarification on issue of GST rate on alcohol based hand sanitizers The issue of GST rate on alcohol based hand sanitizers has been reported in few sections of media. . It is stated that hand sanitizers attract GST at the rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids, dettol etc which all attract duty standard rate of 18% under the GST regime. [ 125 more words ]
http://gstserviceregistration.com/gst-notification/clarification-on-issue-of-gst-rate-on-alcohol-based-hand-sanitizers/

gstserviceregistration.com Clarification on issue of GST rate on alcohol based hand sanitizers The issue of GST rate on alcohol based hand […]

New Form 26AS is the Faceless hand-holding of the Taxpayers

important date update of GST

40th GST Council Meeting Highlights

http://gstserviceregistration.com/gst-council-meeting/40th-gst-council-meeting-highlights-interest-rate-on-late-submission-of-returns-for-small-taxpayers-reduced-to-9/

gstserviceregistration.com 40th GST Council Meeting Highlights | Interest rate on late submission of returns for small taxpayers reduced to 9%

Government rolls out facility of filing of NIL GST Return through SMS

Issue of GST late fee for the past period (August
2017 to January 2020) to be discussed in the next
GST Council meeting

important date of GST

GST details not needed in audit report, CBDT gives relief to traders.Companies do not have to include the details of GST in their income tax audit report. This rule is applicable till 31 March 2021.

Small and medium businessmen of the country have got a big relief from the Income Tax Department. Actually, companies do not need to include the details of Goods and Services Tax GST in their income tax audit report. Apart from GST, details of General Anti-Tax Avoidance Rules (GAAR) will also not be given. This rule is applicable till 31 March 2021. This is the third time in a row that companies have been relieved by giving details.

The Central Board of Direct Taxes (CBDT) has issued an order in this regard. In this order, it has been said that the board has received many memoranda regarding problems. This decision has been taken in view of the situation arising due to the current corona virus epidemic. The board said, "After examining the case keeping in mind the situation arising across the country from the Kovid-19 pandemic, it was decided that it should be postponed to 31 March 2021."

Who needs a tax audit?

Let us tell you that in the case of business units having a turnover of more than Rs 1 crore, companies paying tax under the estimated taxation regime, professionals with gross receipts of Rs 2 crore and more than Rs 50 lakh have to comply with the tax audit requirements.

Relaxation of clearance of import cargo due to delay arising on account ofoutbreak of Corona Virus.-regarding
PUBLIC NOTICE NO.33/2020 DATE 24 APRIL-2020

CBDT revising return forms to enable taxpayers avail benefits of timeline extension due to Covid-19

GST Important dates

Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020

GST filing date was also extended to 30 June so that small and medium traders