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Showing posts from August, 2019

GST UPDATEs

   GSTN on its portal has enabled facility for taxpayers to view notices and orders issued.   GSTN, in partnership with ICAI, has introduced e-invoice standard template, (referring and considering the PEPPOL standard, which is based on UBL standard) which also takes into account the requirement under tax laws and has features, which are required for international trade.   Punjab Tax Bar Association writes to Chief Minister to resolve GST refund matter soon.   Liberty to increase prices as per the business cycle after transferring GST cuts may come as a relief to Companies. lakh to Rs 40 lakh. GST Registration,  GST Notifications,  GST Announcements, GST Return, Goods and Services Tax,

GSTN has enabled following new functionalities on its portal

Normal / Composition / SEZ Developer / SEZ Unit / Casual Taxable Person / ISD / NRTP users can now select a GST Practitioner for filing of Application for Cancellation of Registration;  UN Body / Embassy can now select a GST Practitioner for filing clarifications on issues raised by a tax official on their registration application;  The GSTP can save draft of the application.  The taxpayer users and GSTP would be able to work on the drafts of the application, saved by either of them. GST Registration,  GST Notifications,  GST Announcements, GST Return, Goods and Services Tax,