Tag: Tax Payment
CBIC issued Notification 21/2019 Central Tax dt. 23 April 2019 for prescribing the procedure for quarterly tax payment and annual filing of return by taxpayers availing the benefit of …
CBIC clarifies that where taxpayers have paid CGST/ SGST on supply of warehoused goods while depositing in custom bonded warehouse during July 2017 to March 2018 (treating such supplies …
CBIC has issued a Circular on Guidelines for Deductions and Deposits of GST TDS by the DDO (i.e. under Section 51 of the CGST Act, 2017), from the payment made …
CBEC has notified revised/ reduced late fee for delayed filing of GSTR-3B, as recommended by GST Council. Taxpayers having Nil/ Some tax liability in a month shall pay late …
CBEC has issued Notification Exempting All Taxpayers (except Composition Dealers) from GST Payment on Advance Received for Supply of Goods, in line with recommendations of the GST Council Meeting …
CBEC has notified that the Small Taxpayers having Aggregate Turnover of less than Rs. 1.5 crores, who have not opted for Composition Scheme, shall be required to file GST …
GST Portal (GSTN) has issued the Advisory/ Guidelines for Buyer/ Recipient Taxpayer (Purchasers) in case the Suppliers Taxpayer (seller) forgets to upload the details of Invoices in GSTR-1 Return, …
The CBEC has issued Policy Guidelines and procedure for system based reconciliation of information furnished by taxpayers in Forms GSTR-1 and GSTR-2 with GSTR-3B, including information about additional payment …
The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act 2016 provides an opportunity to all persons who have not declared income correctly in earlier years …