As per newly inserted sub section (6A) & 6(B) of section 25 (Procedure of Registration) of the Act, all the existing registered persons/application submitted for new GST Registration will have to undergo mandatory Aadhaar authentication w.e.f. 1st April, 2020. (refer notification no. 18/2020 dated 23.03.2020 notifying 1st April, 2020 for verification of Aadhaar) Through Notification […]
Author: Expert Advisorz
GST Update:-Deferment of Annual Return in Form GSTR-9
Notification :- 15/2020– Central Tax (Date of Application – 23.03.2020) Old Provision New Provision As per Section 44(1) of the CGST Act, 2017, due date of filing of Annual Return in form GSTR 9 for financial year 2018-19 was 31st December 2019. However, due date was extended up to 31.03.2020 for financial year 2018-19 vide […]
GST Updates:-Deferment of Provisions of Dynamic Quick Response code on B2C Invoices
Notification :- 14/2020-Central Tax (Date of Application-01.10.2020) Old Provision New Provision Dynamic Quick Response (QR) Code is mandatory from 1st April, 2020 (Refer Notification No. 72/2019 Central Tax dated 13.12.2019) Dynamic QR Code is applicable for:- Registered person whose aggregate turnover in a financial year exceeds 500 crore rupees In respect of supply of Goods […]
GST Updates :- Classes of registered persons exempted from issuing e-invoices and Extension of date of implementation of e-invoicing.
Notification :- 13/2020-Central Tax (Date of Application-01.10.2020) Old Provision New Provision E-Invoicing is mandatory from 1st April, 2020 (Refer Notification No. 71/2019 Central Tax dated 13.12.2019) E-Invoicing was applicable for:- Registered person whose aggregate turnover in a FY exceeds Rs 100 Cr. in respect of supply of Goods/Services to Registered Person (B2B). Implementation of E-Invoicing […]
GST Update:- Waiver form furnishing FORM GSTR-1 for 2019-20 for taxpayers who could not opt for ‘Special Composition Scheme’
Notification :- 12/2020-Central Tax (Date of Application-21.03.2020) Old Provision New Provision Composition dealers are required to file Quarterly return in Form GST CMP-08 and Annual Return in Form GSTR-4 under GST Act. The Composition dealer who instead of furnishing Form GST CMP-08 have instead furnished a return in Form GSTR-3B are not required to furnish […]