Summary of Economic Survey-2020-21 V-Shaped Economic Recovery Due to Mega Vaccination Drive, Robust Recovery in the Services Sector and Robust Growth in Consumption and Investment V-Shaped Recovery is Due to Resurgence in High Frequency Indicators Such as Power Demand, Rail Freight, E-Way Bills, GST Collection, Steel Consumption, Etc India to Become the Fastest Growing Economy… Read More »
Punjab GST Act DRAFT OF THE notice TO BE WRITTEN BY THE AUDITEE UNDER SECTION 73(6) OF THE PGST ACT, 2017, To, The Assistant Commissioner GST Audit wing Sir, Subject: notice given for waiver of show cause notice in terms of Section 73(5) of the PGST Act, 2017– reg. I/We M/s , address Falling under… Read More »
CHECKLIST FOR COMPOSITE DEALER Sr No Source Documents Manner of Ratio Calculation/ Study Utilization of the Ratios/Study in Audit 1 GSTR 9 A as well as Profit & Loss account Reconciliation To check whether turnover is under the specified limit as per the Act 2 GSTR 9 A & Profit & Loss Account/ Income &… Read More »
CHECK LIST FOR AUDIT OF TRADERS 1. INVOICINGPATTERN: a) Whether the invoice issued contains all the information prescribed in Rule 46 of PGST Rules and is being numbered accordingly b) Whether invoice has been prepared in triplicate in the case of supply of goods as per Rule 48(1) of PGST Rules. c) Whether the receipt… Read More »
How to claim ITC in GST from 01 01 2021 I GSTR 2B or GSTR 2A or books I CA Satbir singh
GST Notices started for interest recovery on delayed payment I Reply in ASMT 11 I CA Satbir Singh
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 25th January, 2021 G.S.R. 44(E).—In exercise of the powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies… Read More »
Penalty if GST Notice not replied by Taxpayer I CA Satbir Singh
GST Notices started for Mismatch in GST Returns I GSTR3B GSTR2A CA Satbir Singh
Ministry of Finance Final stage of Union Budget 2021-22 commences with Halwa Ceremony Finance Minister launches “Union Budget Mobile App” to provide easy and quick access to Union Budget information to all stakeholders Posted On: 23 JAN 2021 4:16PM by PIB Delhi The Halwa ceremony, marking the final stage of the Budget making process for… Read More »