West Bengal FM: Options presented by Centre to meet GST shortfall an ‘act of fraud’
West Bengal Finance Minister Amit Mitra on Sunday said that the Centre’s suggestion to states to borrow for meeting the […]
GST Recent News, News
Notification and Circular, Notification And Circular
CBDT issued clarification on Imposition of charge on prescribed Electronic Modes u/s 269SU of IT Act, 1961
Background:- In furtherance to the declared policy objective of the Government to encourage digital transactions and move towards a less-cash
Newsletter, Our Articles, Our Articles
Weekly GST Communique dated August 31, 2020
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
GST Recent News, Press Release, Press Release
CBIC issued Press Release on availability of new functionality of Form GSTR-2B for the month of July 2020
The GST Council, in its 39th meeting held on le larch 2020, had recommended to adopt and implement the incremental
GST Recent News, Important News, Press Release, Press Release
CBIC issued a Press Release on new functionality available in Form GSTR-2A w.r.t Import Data
Two new tables have been inserted in GSTR-2A for displaying details of the import of goods from overseas and inward
News
I-T department to intimate taxpayers under scrutiny about faceless assessment
The income tax (I-T) department will soon start sending out intimation to assessees undergoing scrutiny that such cases would now
Important Pronouncements
Revenue to refund IGST already paid on ocean freight, as already held as ultra vires
The Hon’ble HC, Gujarat in the matter of Bharat Oman Refineries Ltd. v. Union of India & 1 other(s) [R/Special
GST Recent News, News
RBI likely to prefer Centre borrowing on States’ behalf for GST compensation
The Reserve Bank of India (RBI) is likely to prefer that the Centre borrows and gives money to the states
GST Recent News, Important News
GSTN has enabled Form GSTR 2B in the GST Portal
GSTN has enabled Form GSTR 2B in the GST Portal. The Taxpayer can log in with there login credentials then
News
UP MSME dept. to sign MOU with NIFT, SIDBI & IIP to promote ODOP
In a bid to promote One District-One Product (ODOP) on an international platform, the state Micro, Small and Medium Enterprises