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Learn Tally (with GST) and Grab knowlege of GST Return Filing under the guidance of CA. Ashish Jain.

A 15 day Course starting from 11th March 2019.

For more details you can contact us at +91-8077734121 or drop ur message in inbox.

Maggi Noodles Dealer punished for Anti-Profiteering Charges [Read Order] | Taxscan

Maggi Noodles Dealer punished for Anti-Profiteering Charges
http://www.taxscan.in/maggi-noodles-anti-profiteering-charges/29365/

taxscan.in In a consumer-favour ruling, the National Anti-profiteering Authority (NAA) has punished the Maggi Noodles Dealer for not passing the reduced GST rate

GST: 28% Slab will be Removed Gradually, says Sushil Kumar Modi | Taxscan

GST: 28% Slab will be Removed Gradually, says Sushil Kumar Modi

Here is a link- http://www.taxscan.in/gst-28-slab-sushil-kumar-modi/29386/

taxscan.in The highest GST rate of 28 per cent would be removed in future, Bihar Deputy Chief Minister and GST Network panel head Sushil Kumar Modi said. Modi also

LATE FEE ON DELAY IN FILING INCOME TAX RETURN FOR THE YEAR ENDED *31ST MARCH, 2018 (Asst.Yr: 2018-19)* under sec. 234F:

1. If Return filed during 01/04/2018 – 31/07/2018 : Late Fee *NIL*

2. If Return filed during 01/08/2018 – 31/12/2018 : Late fee Rs. *5000*

If total income does not exceed Rs.5 Lakhs then this Late fee will be restricted to Rs. *1000*

3. If Return filed during 01/01/2019 – 31/03/2019 : Late Fee Rs. *10000*

If total income does not exceed Rs.5 Lakhs then this Late Fee will be restricted to Rs. *1000* only.

*Better Get your ITR filed before 31/07/2018*

For more details, contract us.

If you stand for a reason, be prepared to stand like a tree. If you fall onto the ground, fall like a seed that grows back to fight again.

Recent GST Council decisions:

• Prescribes quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crore -http://lunawat.com/Uploaded_Files/Attachments/F_3876.pdf
• FORM GSTR-1 due date filing extended for those taxpayers with aggregate turnover of more than Rs.1.5 crores. Form July to October 17 due date is 31st December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3877.pdf
• 12th Amendment to CGST Rules 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3874.pdf
• Furnishing of return in FORM GSTR-3B prescribed till March, 2018 -http://lunawat.com/Uploaded_Files/Attachments/F_3875.pdf
• Late fee payable for delayed filing of FORM GSTR-3B reduced from October, 2017 onwards -http://lunawat.com/Uploaded_Files/Attachments/F_3883.pdf
• FORM GSTR-4 filing time limit extended to 24th December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3878.pdf
• Time limit for filing FORM GSTR-5, for months of July to October, 2017 extended to 11th December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3879.pdf
• Time limit for furnishing FORM GSTR-5A for months of July to October, 2017 extended to 15th December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3880.pdf
• Time limit for furnishing FORM GSTR-6 for the month of July, 2017 extended to 31st December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3881.pdf
• Due date for submission of details in FORM GST-ITC-04 extended to 31st December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3882.pdf
• Exempts suppliers of services through an e-commerce platform from obtaining compulsory registration subject to certain conditions -http://lunawat.com/Uploaded_Files/Attachments/F_3884.pdf
• Exempts all taxpayers from payment of tax on advances received in case of supply of goods -http://lunawat.com/Uploaded_Files/Attachments/F_3885.pdf

RATES RELATED:
• Amends notification no. 1/2017-CT(R) regarding GST rates -http://lunawat.com/Uploaded_Files/Attachments/F_3886.pdf
• Amends notification no. 2/2017-CT(R) regarding GST exemptions -http://lunawat.com/Uploaded_Files/Attachments/F_3887.pdf
• Amends notification no. 4/2017-CT(R) regarding reverse charge on raw cotton -http://lunawat.com/Uploaded_Files/Attachments/F_3888.pdf
• Amends notification no. 5/2017-CT(R) regarding restriction of ITC on certain fabrics -http://lunawat.com/Uploaded_Files/Attachments/F_3889.pdf
• Provides concessional GST rate of 2.5% on scientific and technical equipments supplied to public funded research institutions -http://lunawat.com/Uploaded_Files/Attachments/F_3890.pdf
• Amends notification No. 11/2017-CT(R) to specify rate @ 2.5% for standalone restaurants & @9% for other restaurants, reduce rate of job work on “handicraft goods” @ 2.5% etc -http://lunawat.com/Uploaded_Files/Attachments/F_3891.pdf
• Amends notification No. 12/2017-CT(R) to extend exemption to admission to “protected monument” etc -http://lunawat.com/Uploaded_Files/Attachments/F_3892.pdf

CIRCULARS:
• Due date for submitting FORM GST TRAN-1 extended to 27th December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3893.pdf
• Due date for revision of FORM GST TRAN-1 also extended to 27th December 2017 -http://lunawat.com/Uploaded_Files/Attachments/F_3894.pdf
• Issues clarifications regarding applicability of GST and availability of ITC in respect of certain services -http://lunawat.com/Uploaded_Files/Attachments/F_3895.pdf
• Prescribes procedure for manual filing and processing of refund claims in respect of zero-rated supplies -http://lunawat.com/Uploaded_Files/Attachments/F_3896.pdf

Hope these are of use.

lunawat.com

Don't take GST on a lighter side!
जीएसटी को हल्के में ना ले!
जीएसटी सरकार और जनता दोनों से जुड़ा मामला है, अगर कोई वयापारी जीएसटी के नियमों पालन नहीं करता था उसका सीधा असर सरकार और जनता दोनों की जेब पे पड़ता है, जीएसटी वैसे भी सरकार की साख से जुड़ा मामला भी है, लगातार जीएसटी में बदलाव ओर उसको आसान और सख्त बनाने के लिए सरकार दिन रात कोशिश कर रही है। हर महीने सरकार की मीटिंग्स इसमें उसमे जीएसटी नियमो मै बदलाव सरकार की जीएसटी को लेके कितने उत्सुकता है ये ही दर्शाता है।
यदी अगर १०० मै से ४ व्यापारी जीएसटी को फॉलो नहीं करते या उसके नियमो का पालन नहीं करते ओर सरकार की नज़रों मै जाते है और सरकार उन्हें जेल भी भेजा देती है कोई भी सजा देती है तो वो ऐसा कर के लाखों या करोड़ों लोगो दिल जीत लेती है, जो कि देश जितने के लिए काफी है। तो मेरा आप से ये ही अनुरोध है कि जीएसटी के नियमो का पालन करे, खुद को सुरक्षित करें- देश को सुरक्षित करे।

For GST related queries, doubts and consultancy Contract us at: 8077 734 121 (Watsapp) and Email: [email protected]

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