Mandatory Bank Account Details Submission as per law.
AMENDMENTS for Promoting timely payments to Micro and Small Enterprises
Major relief to small taxpayer
Due dates for Normal Tax Payers
Extension of dates for Composition dealers
GST Rate rationalised to remove inverted tax structure
Provisional ITC claim in GSTR-3B further restricted
Due dates extended for GSTR-9 and GSTR-9C for FY 2017-18 till 31 January 2020
GST Council sets up 2 sub-groups to examine legal, technical aspects of e-invoice for B2B sales
Finance Ministry brings in changes in e-way bill system to check GST evasion !
E-invoicing may begin under GST !
Businesses can use IGST credit to settle centre, state tax dues: CBIC !
Composition scheme biz to now file simplified 'self-assessed' GST return quarterly !
Non-filers of GST returns for 2 months to be barred from generating e-way bills from June 21 !
No input tax credit if GST returns not filed, says Telangana HC !
Govt extends deadline for GST sales return for March until Apr 23
Taxpayers can compare tax liability declared in final, summary GST returns forms!
Companies stare at cash flow problems due to new credit utilisation rules!
10% reservation for economically weak in general category comes into force.
GST exemption limit doubled to give relief to small businesses
