Exemption Series - 1Charitable & Religious Trusts are those institutions which work with the objective of providing Social benefits to all or some groups of the society without having any profit earning motive. There is no definition under GST Act which describes the meaning of these ...
Notification No. 12/2017 Central Tax (Rate) dated 28-06-2017 (As Amended from Time to Time) provides exemptions to Goods Transport Agency by way of following entries:- ENTRY NO. 18 Services by way of transportation of goods—
Various Notifications are issued on 15 th October’2020 and their summary is as follows:- 1. Notification No. 74/2020-Central Tax dated 15.10.2020 Seeks to prescribe the due date for furnishing FORM GSTR-1 for the quarters October, 2020 to December, 2020 and January, 2021 to March, 2021 f...
In the recent World Bank's ease of doing business 2020 report, the country jumped to 63rd position, among 190 nations. India also figured among the top 10 performers on the list for the third time in a row. On the same path, GOI time to time ease the compliance, lesser paperwork, transparency and
Following points should be kept in mind while filing the GSTR 3B return for the m/o Sep’20 in Oct’20 1. Take care of ITC pertaining to FY 2019-20. If any Invoice of ITC is left is to be claimed in GSTR-3B from April’19 to March’20, then the same can be claimed ti...
Section 14 of CGST Act, 2017 states the provisions about Change in rate of tax in respect of supply of goods or services. 1. What aspects are to be looked upon in case of Change in rate of tax in respect of supply of goods or services?Not with standing anything contained in section 12 or sec...
