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Updates

Reconciliation statement (GSTR-9C) for the FY 2020-21 is available on GST portal for filing New

Module wise New Functionalities Deployed on the GST Portal for Taxpayers New

The Taxation Laws (Amendment) Bill, 2021 New

Advisory for Taxpayers regarding Blocking of E-Way Bill generation facility resume after 15th August, 2021 New

Extension of time lines for electronic filing of various Forms under the Income Tax Act, 1961: CBDT, Circular No 15/2021 New

Latest Changes in GSTR 9 & GSTR 9C

Guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961

Annual return (GSTR-9) for the FY 2020-21 is available on the GST portal for filing

Admission in 2nd batch of the workshop -Filing of Return of Income_Provisions , Procedure and how to address issues

New GST Registrants mandate to furnish Bank Account details within Specified Time Limit : GSTN

42nd GST Council Meeting Decisions held on 5th October 2020

Due date of I.T Return for Assessment year 2019-20 further extended till 30th November 2020

Due date of GSTR 9 & GSTR 9c for Financial year 2018-19 extended till 31st October 2020

Pre-filled GSTR-3B will be available very soon to ease tax payment, says GSTN CEO Prakash Kumar

Representation submitted to CBIC for extending the date of E-Invoicing in GST.

Suggestions for Pre Budget memorandum 2021-22 - Direct Tax

Suggestions for Pre Budget memorandum 2021-22 - Indirect Tax

System computed values of GSTR-1 Statement (Monthly filers), made available in Form GSTR-3B, as PDF statement on GST Portal

Representation Letter submitted to Shri Virender Kumar Choudhary, Pr. ADG, GST, Mumbai with reference to Video Conference on 4th September 2020 regarding decriminalization of certain offences under the GST Laws

Further extension in GSTR 4 [by the taxpayers opting for Composition Scheme on an annual basis for F.Y 2019-20] till 31st October 2020

ITC Statement Form GSTR-2B, made available on GST Portal for taxpayers

Hightights-41st GST Council Meet on 27th August 2020

Representation submitted to CBIC to extend due date of GSTR 9 and GSTR 9C for the year 2018-19.

Revised Guidelines for conducting personal hearing through Virtual Mode by CBIC

Provision for Aadhar Authentication in GST Registration

Suggestions submitted to CBIC for Review of Existing Customs Duty Exemption Notifications/Customs Laws & Procedures on 21st August 2020

Inline with the circular number 13/2020, e-Verification of Return data of AY 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20 has been re-enabled upto 30-September-2020 for taxpayers who could not verify the Return data within the stipulated timelines.

Prime Minister Shri Narendra Modi has launched the platform for “Transparent Taxation – Honoring the Honest

Functionality to file Revocation Application under Removal of Difficulty

Using Offline Tool to prepare Form GSTR-4 Annual Return by Composition Taxpayers

Format/Schema for E-Invoice notified by CBIC

Notification No. 61/2020-Central Tax dt. 30th July 2020 in respect of E-Invoicing

Extension in due date for I.T Return for F.Y 2018-19 till 30th September 2020

Representation submitted to CBIC-For issuance of GST Notification within a Timeframe

Instruction Number 14/2020-Customs dated 21st July 2020 by CBIC

CBIC & CBDT sign MoU to facilitate smoother bilateral exchange of data