GST: GSTR-9 return filing is more than consolidating the monthly returns filed during a financial year. Businesses must collate the Goods and Services Tax (GST) data, including sales register, purchase register, returns filed, taxes paid, demands, and refunds. Further, one must file GSTR-9 if they were registered at least for a single day in a […]
Many a times, in the cases when the Input Tax Credit claimed in GSTR-3B and GSTR-2A are inconsistent, a certificate is necessary to demonstrate the validity of the supply made. The Central Board of Indirect Taxes and Customs (CBIC) had made it clear that the GST department can request a certificate from a Chartered Accountant or a
GST Cir No. 183/15/2022: Mismatch in Claimed ITC in GSTR-3B & 2A Read More »
Articles, Circulars/Notifications
GST | Case Laws: Restoration of GST registration was to be allowed on filing of returns for period prior to cancellation of registration together with tax dues along with interest thereon and fee fixed for belated filing of returns within a period of forty-five days from date of receipt of order [2024] 159 taxmann.com 518
On 10 January 2024, the Karnataka Government published the Karnataka Compulsory Gratuity Insurance Rules, 2024 (‘Rules’) (No: LD 397 LET 2023) to prescribe the requirement for employers to obtain a valid insurance policy for the employer’s liability towards payment of gratuity to eligible employees as per the Payment of Gratuity Act 1972 (‘Gratuity Act’). With
Karnataka Compulsory Gratuity Insurance Rules, 2024 notified effective 10 January 2024 Read More »
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