Pre-filled GST return form soon: GSTN CEO Prakash Kumar
GST-registered businesses will soon get pre-filled Return form, GSTR-3B, GST Network Chief Executive Officer Prakash Kumar said on Monday. “We…
Key Highlights of Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill 2020
The Finance Minister of India introduced the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 in…
GSTN enables Reconciliation Tool for matching GSTR-2B with Purchase Register
The Goods and Services Tax Network ( GSTN ) has enabled the Reconciliation Tool for matching GSTR-2B (Auto-Drafted ITC Statement)…
Good news for Taxpayers: Delinking of Credit Note/Debit Note with Original Invoice has been implemented on the GSTN portal
The De-linking of original invoices and credit and debit notes are incorporated on the GSTN portal. The same was amended…
Covid Flow Management During Covid 19
The pandemic has put almost every business in a difficult cash flow situation, starting from long-delayed payments from debtors to…
GST Network issues FAQs on einvoicing scheme ahead of Oct 1 launch
E-invoicing will not be applicable for business-to-consumer supplies or import bills of entries, while special economic zone units, banking companies,…
GST Council meeting postponed to October 5
The GST Council meeting slated for September 19 has been postponed to October 5, sources said on Friday. The 42nd…
Note on Faceless Assessment
The Hon’ble Prime Minister of India, Sh. Narendra Modi on 13th August 2020 while inaugurating National E-Assessment Centre (‘NeAC’) announced…
Helpful Guide to Auto-Drafted GSTR 2B with GSTR 2A Comparison
The government has decided to continue the existing GST (Goods and Services Tax) return filing system for the time being.…
Weekly Updates [22 – 28 August, 2020 – 165th Week of GST]
The CG has issued the following notification in this week: Notfn. No. Subject Effective from (the earliest date…) 63/2020 –…