GST Updates 17.02.2021

 ðŸ¦š Namaskar!


*GST Updates 17.02.2021*


NIC issues list of GSTINs on whom E-Invoicing is Mandatory. Total 73308 GSTNs.


GSTN enables a feature to furnish LUT for FY 2021-2022.


Major TRAN-1 – Issues and Controversies seen Across India till now.


Bitcoin trade may attract I-T, GST; taxes to be paid in this fiscal year.


Regards

*CA. Praveen Sharma*

+91 9871530610


Save my Mob. No. for more GST updates.


*Join our Telegram Channel:* https://t.me/praveengst

Comments

Post a Comment

Popular posts from this blog

Income Tax Recruitment 2022 : 24 vacancies of MTS and other posts on offer.

Image
  Income Tax department has invited applications from meritorious sports persons for MTS and other posts. Candidates can check the notification on the official website of Income tax department at www.incometaxindia.gov.in and submit the same in the prescribed format. The last date of the submission of the application form through the offline mode is April 18. “The willing and eligible candidates can send their application in prescribed format given in Annexure-II, to the Additional Commissioner of Income Tax, Headquarters (Personnel & Establishment), pI Floor, Room No. 14, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata700069 by postlhand so as to reach the office of the undersigned on or before 18.04.2022 (upto 6 p.m.),” reads the official notification. Income Tax Recruitment 2022 vacancy details: This recruitment drive is being conducted to fill 24 vacancies out of which 18 vacancies are for the post of Multi-Tasking Staff, 5 vacancies are for the post of Tax Assistant, and ...
Read more

Textile traders of Aligarh stages protest against GST hike from 5% to 12%

Image
  The textile traders of Aligarh staged a protest against the Central government following the decision to hike the Goods and Services Tax (GST) on textile fabrics from 5 percent to 12 percent. Staging a protest against the rise in goods and services tax (GST) from 5 per cent to 12 per cent, the Aligarh Cloth Merchant Association (ACMA) said that hike in GST rates would adversely impact the textile industries, which is already reeling from COVID-19 blow. In November, the Centre had decided to increase the GST on textile products from 5 per cent to 12 per cent from January 1. Speaking to ANI, Rajiv Agarwal, President of ACMA, "Cloth is one of the basic needs for humans. The hike in GST would affect the manufacturing and sale of textile goods. COVID-19-induced pandemic has adversely impacted the sale of textiles in India and affected our income. Source: https://www.business-standard.com/article/current-affairs/textile-traders-of-aligarh-stages-protest-against-gst-hike-from-5-to-12-1...
Read more

Haryana first state to reimburse GST on Covid-related donations

Image
  Haryana on Tuesday became the first state in the country to allow reimbursement of goods and services tax (GST) paid on Covid-related donations made to the state and state-run facilities. This will be applicable till June 30. The move is aimed at encouraging efforts by corporations, non-government organisations (NGOs) and individuals and facilitating donations of items such as oxygen concentrators, Covid-19 vaccines, Remdesivir injections, etc. as the country battles the intense second Covid-19 wave. Haryana will reimburse GST already paid on such Covid-19 related items, subject to conditions. “Haryana is facing an acute shortage of liquid medical oxygen and other health equipment such as ventilator, medicines etc… in order to encourage efforts by corporates, NGOs and individuals coming forward to help the state government … by way of donations, it is necessary in the public interest to facilitate donation of such items,” the state government said in a notification on Tuesday. Re...
Read more