Decisions of 40th GST Council Meeting held on 12th June 2020
The Key Decisions of 40th GST Council Meeting held on 12th June 2020 are as follows: 1. Nil late fees for GSTR-3B if there is no tax liablity, for all … Read More
Category: GST
CBIC Clarifies – Salaries paid to company directors not to attract GST
The Central Board of Indirect Taxes and Customs (CBIC) on 10th June, 2020 Vide Circular No: 140/10/2020 – GST clarified that, GST will not be levied on salaries paid to … Read More
GST Notification No.41/2020 : GSTR 9/9C Due Date Extension Notification For FY 2018-19
The Central Board of Indirect Taxes & Customs has issued a notification to further extend the GSTR 9/9C due date, due to pandemic situation in the country. Therefore, as per … Read More
Remuneration paid to directors to attract GST – AAR
Companies will have to pay GST under RCM on the remuneration they give to directors, the Authority for Advance Ruling (AAR) has said.