GOODS & SERVICES TAX UPDATE-175 1. Reduction/waiver of late fee if Forms GSTR-4, GSTR-9 & GSTR-10 of earlier periods are filed within April-June 2023 Default Reduced late fee Condition Non-filing of Form GSTR-4 (Return for composition supplier) for quarters falling between the period July 2017 to March 2019 or the financial years from 2019-20 to 2021-22, by… Read More »
No Restriction on issuing GST Number to Professionals doing Work From Home The Minister of State, Shri Pankaj Chaudhary in the Ministry of Finance in a written reply to a raised in Rajaya Sabha stated, “GST Number provided to Professional Working from Home.” The question that was raised by Shri Naranbhai J. Rathwa and Shri… Read More »
LAST DATE for GSTR 4 FY 2022-23 and LATE FEES I CA Satbir Singh gstr-4,gst annual return,annual return of composition,gstr-4 last date,what is gstr-4,gstr-4 late fee,gstr-4 nil filing,gstr-4 filing,gstr-4 filing 2022-23,how to file gstr4,composition annual return,composition annual return filing,2022-23 annual return GSTR 4,gstr4,GSTR 4 LATE FEES FY 2022-23
GST Officer not allowed to summon customers of assessee to stop further payments to assessee u/s 70 : High Court HIGH COURT OF ANDHRA PRADESH Sri Sai Balaji Associates v. State of Andhra Pradesh U. DURGA PRASAD RAO AND V. GOPALAKRISHNA RAO, JJ. WRIT PETITION NO.4663 OF 2023 MARCH 7, 2023 ORDER Udpr, J. – The challenge in… Read More »
Non-submission of reply to show cause cannot be ground for cancellation GST registration : High Court HIGH COURT OF ALLAHABAD Agarwal Construction Company v. Commissioner of State Tax VIVEK CHAUDHARY, J. WRIT TAX NO. 43 OF 2023 FEBRUARY 23, 2023 Somesh Tripathi and Anuj Dubey for the Petitioner. C.S.C. for the Respondent. ORDER 1. Heard learned counsel for the petitioner and… Read More »
Members & Students Services (Grievances Handling and e-Sahaayataa) The Institute of Chartered Accountants of India 1st April, 2023Announcement Updation of Member’s Profile at Self Service Portal with GSTIN The tax invoices for the membership fee and the fee for certificate of practice payable for the financial year 2023-24, is to be issued to members in… Read More »
ITC not allowed if supplier failed to deposit GST : High Court HIGH COURT OF MADRAS Pinstar Automotive India (P.) Ltd. v. Additional Commissioner DR. ANITA SUMANTH, J. W.P. NO. 8493 OF 2023 W.M.P. NO. 8686 OF 2023 MARCH 20, 2023 V. Veeraraghavan for the Petitioner. Ramesh Kutty for the Respondent. ORDER 1. M r.Ramesh Kutty, learned Senior Panel… Read More »
₹1,60,122 crore gross GST revenue collected for March 2023 Second highest collection ever, next only to the collection in April 2022 Monthly GST revenues more than ₹1.4 lakh crore for 12 months in a row, with ₹1.6 lakh crore crossed for the 2nd time since inception of GST GST revenues clock 13% growth Year-on-Year Total… Read More »
Notification No 2/ 2023-Compensation Cess (Rate) w.e.f 01.04.2023 Download MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 31st March, 2023 No. 2/ 2023-Compensation Cess (Rate) G.S.R. 253(E).—In exercise of the powers conferred by sub-section (2) of section 8 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017), the… Read More »
GST Notifications issued on 31st March 2023 : Download No. 02/2023–CENTRAL TAX No. 03/2023–CENTRAL TAX No. 04/2023–CENTRAL TAX No. 05/2023–CENTRAL TAX No. 06/2023–CENTRAL TAX No. 07/2023–CENTRAL TAX Download above Notifications Click here No. 08/2023–CENTRAL TAX No. 09/2023–CENTRAL TAX Download above Notifications Click here Notification No 2/ 2023-Compensation Cess (Rate) w.e.f 01.04.2023 Download