FAQs > Furnishing Documents in Invoice Furnishing Facility (IFF) under QRMP Scheme Overview 1. What is Invoice Furnishing Facility (IFF)? Invoice Furnishing Facility (IFF) is a facility provided to quarterly taxpayers to file their details of outward supplies in first two months of the quarter (M1 and M2). The facility will be similar to FORM… Read More »
Invoice Furnishing Facility (IFF) for Taxpayers under QRMP Scheme 06/01/2021 An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017. Taxpayers who have opted for quarterly filing frequency under the scheme… Read More »
GSTR 1 New Due Date from 1.1.2021 onwards I CA Satbir Singh
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 4th January, 2021 No. 01/2021–Customs (N.T.) G.S.R. 4(E).—In exercise of the powers conferred by section 157 read with sub-section (1) of section 28H, sub-section (1) of section 28KA and sub-section (1) of section 28M of the Customs Act, 1962 (52 of 1962) and in supersession… Read More »
Ministry of Finance GST Revenue collection for December 2020 recorded all time high since implementation of GST ₹ 1,15,174 crore gross GST revenue collected in December Revenues for December 2020 are 12% higher than the GST revenues in the same month last year Posted On: 01 JAN 2021 1:21PM by PIB Delhi The gross GST… Read More »
Ministry of Finance CGST Delhi West Commissionerate arrests one for duty evasion of around Rs 831.72 crore Posted On: 03 JAN 2021 The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan masala/tobacco products without any registration and payment of duty. On basis of the… Read More »
New GST Notification 2021 I GSTR 1 Filing Blocked if GSTR 3B not filed I CA Satbir singh
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 01/2021 – Central Tax New Delhi, the 1st January, 2021 G.S.R……(E). – In exercise of the powers conferred by section 164 of… Read More »
ITR AY 2020-21 update Late Fees UDIN 01/01/2021 CBDT has extended the due date for filing Income Tax Returns for the Assessment Year 2020-21. Accordingly the ITRs are modified to update the 234A interest & 234F Fee calculation and the same is available for download. 01/01/2021 Timeline before which UDIN are to updated with respect… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 30th December, 2020 No. 95/2020-Central Tax G.S.R. 809(E).—In exercise of the powers conferred by sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as… Read More »