The Commercial Taxes Department of Rajasthan on June 26, 2020 amends the Notification no. F.17 (131 pt-II) ACCT/GST/2017/5579 issued on March 24, 2020. All the taxpayers, who have an aggregate turnover of more than 5 crores in the previous financial year and having the principal place of business in the State, shall furnish FORM GSTR- 3B forContinue reading “Rajasthan Commercial Taxes Department extends last date for filing FORM GSTR- 3B”
Tag Archives: COMPLIANCE
CBIC provides relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for monthly filers and for quarterly filers
The Central Board of Indirect Taxes and Customs (CBIC) on June 24, 2020, provides relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for tax periods for months from March, 2020 to June, 2020 for monthly filers and for quarters from January, 2020 to June, 2020 for quarterly filers.Continue reading “CBIC provides relief by waiver of late fee for delay in furnishing outward statement in FORM GSTR-1 for monthly filers and for quarterly filers”
CBIC provides relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020
The Central Board of Indirect Taxes and Customs (CBIC) on June 24, 2020, provides relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020. Whereas, CBIC amends the Notification No. 13/2017 – Central Tax, dated June 28, 2017 to provide relief, in the first paragraph, first provisoContinue reading “CBIC provides relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020”
CBIC provides one-time amnesty for non furnishing of FORM GSTR-3B and also provides relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B
The Central Board of Indirect Taxes and Customs (CBIC) on June 24, 2020, provides one time amnesty by lowering/waiving of late fees for non-furnishing of FORM GSTR-3B from July, 2017 to January, 2020 and also seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for taxContinue reading “CBIC provides one-time amnesty for non furnishing of FORM GSTR-3B and also provides relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B”
CBIC enforces certain provisions of Finance Act, 2020 to bring amendments to certain sections of the Central Goods and Services Tax Act, 2017
The Central Board of Indirect Taxes and Customs (CBIC) on June 24, 2020, brings into force certain sections of Finance Act, 2020 in order to bring amendment to Sections 2, 109, 168 & 172 of Central Goods and Services Tax Act, 2017 with effect from June 30, 2020. The Central Goods and Services Tax Act,Continue reading “CBIC enforces certain provisions of Finance Act, 2020 to bring amendments to certain sections of the Central Goods and Services Tax Act, 2017”
Central Goods and Service Tax (Seventh Amendment) Rules, 2020
The Central Board of Indirect Taxes and Customs (CBIC) on June 24, 2020, publishes the Central Goods and Service Tax (Seventh Amendment) Rules, 2020, to further amend the Central Goods and Service Tax, 2017. Following are the amendments in Central Goods and Service Tax Rules, 2017: Rule 7 which talks about the rate of taxContinue reading “Central Goods and Service Tax (Seventh Amendment) Rules, 2020”
Bihar Tax Commissioner appoints the date on which provisions of Bihar Goods and Services Tax (Fifth Amendment) Rules, 2020 shall come into force
The Bihar Tax Commissioner on June 22, 2020 appoints a date on which the provisions of Bihar Goods and Services Tax (Fifth Amendment) Rules, 2020 issued vide Notification No. S.O. 125 shall come into force. It has appointed June 08, 2020 on which the provisions of such Rules shall come into force. [Notification No. S.O. 130] GetContinue reading “Bihar Tax Commissioner appoints the date on which provisions of Bihar Goods and Services Tax (Fifth Amendment) Rules, 2020 shall come into force”
Bihar Tax Commissioner extends the timeline for notice issuance for rejection of refund claim
The Bihar Tax Commissioner on June 22, 2020 has decided to extend the time limit for issuance of order in terms of the provisions of Section 54 of the Bihar Goods and Service Tax Act, 2017 falls during the period from March 20, 2020 to June 29, 2020. The time limit for such notices has been extended for 15Continue reading “Bihar Tax Commissioner extends the timeline for notice issuance for rejection of refund claim”
Bihar Tax Commissioner extends the validity period of e-way bill till June 30, 2020
The Bihar Tax Commissioner on June 22, 2020 amends the notification issued vide Notification No. S.O. 129 dated June 09, 2020 regarding e-way bill. It is specified that where an e-way bill has been generated under Rule 138 of the Bihar Goods and Services Tax Rules, 2017 on or before March 24, 2020 and whose validity hasContinue reading “Bihar Tax Commissioner extends the validity period of e-way bill till June 30, 2020”
CBIC issues salient features of the secure electronic communication of the Final LEO copy of the Shipping Bill and the Gatepass copy of Shipping Bill
The Central Board of Indirect Taxes and Customs (CBIC) on June 22, 2020, salient features of the secure electronic communication of the Final Let Export Order (LEO) copy of the Shipping Bill and the Gatepass copy of Shipping Bill. The LEO shall now be circulated via pdf which will serve multiple purposes as well. ThereContinue reading “CBIC issues salient features of the secure electronic communication of the Final LEO copy of the Shipping Bill and the Gatepass copy of Shipping Bill”