GST Updates 11.02.2021
🦚 Namaskar!
*GST Updates 11.02.2021*
Today is the due date of filing GSTR-1 for the month of Jan-2021.(Turnover exceeding Rs. 1.5 cr or opted to file monthly return).
CBIC issues Instructions on Procedures to be followed during Search Operation.
E-Way Bill is mandatory where value of each Invoice individually is lower than ₹ 50k but in aggregate it exceeds ₹ 50k, says Kerala High Court.
DGGI Gurugram arrests man for fraudulently availing Input Tax Credit of Rs 376 cr through 7 Fake Firms.
18% GST applicable on Fabricating Tanks: UP AAR.
ICAI wants FM to withdraw Budget proposal on doing away with GST audit: Source Business Standard.
..We have clarified that thousands of crores of rupees collected in tax (GST) happened because of the chartered accountants...It was not self declaration, but because the CA conducted the audit and asked the firm to pay the tax in the Form 9,” Respected Atul Kumar Gupta, President, ICAI said.
Regards
*CA. Praveen Sharma*
+91 9871530610
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