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. In an application filed before the Rajasthan … Read More
Tag: GST
CBIC notifies the changes recommended in the 43rd GST Council meeting
CBIC notifies the changes recommended in the 43rd GST Council meeting through following Notifications : Notification No 17/2021 to 27/2021 of Central Tax Dated 1st June 2021 Notification No No. … Read More
Key points from 43rd GST Council Meeting
Finance Minister Smt. Nirmala Sitharaman chaired the 43rd GST council meeting via video conferencing. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri … Read More
Presentation on E-Invoice Under GST
Presentation on E-Invoice Under GST Click on Link to Download Presentation Presentation Guide
Extension of Due Date of GST for March & April 2021 Return
Relief Measures announced in GST Compliances In view of recent surge in Coronavirus Cases 1. Reduction in Interest Rate for delayed GST payment for Regular Taxpayer for the month of … Read More
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
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
GSTN Enables OTP based EVC Verification for GST Return filled by Companies & LLP
Earlier Companies and LLP were not eligible to file GST Return with OTP based EVC (Electronic Verification Code). They were required to file the GST Return with DSC (Digital Signature … Read More
CBIC enables Form PMT-09 for Shifting Wrongly Paid Tax in the Electronic Cash Ledger
The Central Board of Indirect Taxes and Customs (CBIC) has enabled Form PMT-09 for shifting wrongly paid Tax in the electronic cash ledger. Form PMT-09 enables a registered taxpayer to … Read More