AUGUST 2023 TAX COMPLIANCE CALENDAR
GST: PARTICULARS NATURE TAX PERIOD DUE DATE GSTR-7 TDS DEDUCTORS UNDER GST JULY 2023 10 AUGUST 2023 GSTR-8 TCS COLLECTERS …
GST
Not akin to residential units, hostel accommodation to attract 12% GST: AAR
Students will have to shell out more for hostel accommodation as a 12 per cent GST would be applicable on …
Reverse Charge (RCM) under GST
Meaning of Reverse Charge Mechanism As per Section 2(98) of the Central Goods and Services Tax Act, 2017 (‘CGST Act’). …
GST Rule 86B, Restriction on use of electronic cash ledger
Rule 86B. Restrictions on use of amount available in electronic credit ledger.- Inserted (w.e.f. 01.01.2021) vide Notification No. 94/2020 – CT dated 22.12.2020. Notwithstanding …
GTA Annexure V and Annexure VI, GTA GST Rates
Under the GST regime in India, transportation of goods by road is considered a taxable service, and businesses providing such …
GST Notifications for Rates changes announced in 50th GST council meeting applicable from 27 July 2023
In 50th GST council meeting changes in GST Rates are announced related to Goods & Services for which notifications are …
The math: Save on GST by not buying that popcorn and movie combo together
OTT platforms worked on a cost-plus model offering production houses margins that were 30-40 per cent over the cost of …
Insurers gave fake invoices when quizzed on tax credit claims: Officials
Tax officials had interviewed vendors and brokers to gather information about the invoices (Representational) Insurance firms submitted hurriedly made invoices …
e-Invoice Exemption Declaration for Taxpayers exempt to make e invoice
GSTN is pleased to inform you that the e-Invoice Exemption Declaration functionality is now live on the e-Invoice portal. This …
GST ASMT-10 Notice and Reply
Form GST ASMT-10 is a notice issued under section 61 of the Central Goods and Service Tax Act, 2017 (CGST …
