Maximum Time to Conclude the Proceeding under Section 73 of CGST Act : 3 Years from the due date of filing of Annual Return for the Relevant Period, and notice has to be issued 3 months prior to the concluding date.
Mandatory Bank Account Details Submission as per law: All Registered Taxpayers are required under the provisions of CGST Act, 2017 and the corresponding Rules framed thereunder to furnish details of their bank account/s within 30 days of the grant of registration or before the due date of filing GSTR-1/IFF, whichever …
Our Discussion will be based on following Points : Revenue Recognition : This term Include all type of Income which is received by that Individual/firm. GST will be charged on all type of income excluding financial Interest and financial credit Note. If individual has taken the GSTN then GST will …
Due Date Calendar for Jan. 2024 Month : 07-01-2024 – Due date for payment of TDS/TCS for December 2023 Month. 11-01-2024 – Due date for Filing of GSTR -1 For December 2023 Month. 13-01-2024 – Due date for filing GSTR -1 under IFF Facility for Oct. 2023 – December 2023 …
Definition of Residential Real Estate : Residential Real Estate property means where the commercial property related carpet area is not more then 15% of total carpet area of the Property. Before moving to the rates of GST in case of Sales or Transfer of Property, I want to highlight two …
Are you struggling to navigate the complexities of GST Annual Return? Do you have burning questions about compliance, reporting, or any GST-related challenges? 📅 Save the Date: 21-12-2023 (6:00 PM – 7:30 PM) 🖥️ Virtual Venue: YouTube Live 🚀 What to Expect: ✨ Comprehensive Insights: Gain a deep understanding of …
GSTN is introducing two-factor authentication (2FA) for taxpayers to strengthen the login security in GST portal. The pilot rollout has been done for a state of Haryana and working seamlessly. Currently, 2FA will be rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi in 1st phase. In 2nd phase, it …
Role of DRC – 01C : Basically this is the intimation form which will be received by the taxpayer when there will be any difference in Input tax Credit as per GSTR-3B and GSTR – 2B (i.e. Taxpayer has claimed excess input tax credit in GSTR -3B in comparison to …
As we all know that currently Department is working on many Business/Departmental Audits for Various Previous Financial Years. And we all know this fact that Financial Statements are plying a very important role in GST Audit. Rather one can say that GST Audit Must be started with the Analysis of …
As we all know that GSTR-9/9C Plays a very important and crucial role while initiating the business Audit. One can say that GSTR 9/9C are the complete Insights of All GST Returns for the relevant period. This webinar will completely based on Technical Analysis of GSTR -9/9C with Department Perspective. …
