Articles by Lekhraj sood

Auto population of E-invoice in GSTR 1

Lekhraj sood 04 January 2021 at 10:03

In this article, we discuss the important points and updates that are to be noted by taxpayers who had started e-invoicing from 1-10-2020 and whose auto-population of e-invoice data into GSTR-1 had started from 3rd December 2020.

Welcome 2021 - Welcome Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme

Lekhraj sood 02 January 2021 at 10:11

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme Launched and has come into effect from 1st January 2021. This scheme will replace the existing MEIS scheme.

Recent Changes in GST Rules - Impact and Actions needed

Lekhraj sood 24 December 2020 at 10:18

In this article, an attempt is made to discuss the recent changes in the GST Rules, and their impact on the taxpayers along with actions that taxpayers would need to take, to comply with the said changes.

Recent changes in GST Returns and Payments

Lekhraj sood 16 November 2020 at 10:25

CBIC has introduced a new scheme known as ‘Quarterly Return and monthly payment" for the small taxpayers whose aggregate turnover does not exceed Rs. 5.00 cr.

How to Report TCS under Income Tax in GSTR1?

Lekhraj sood 16 November 2020 at 10:25

TCS u/s 206C(1H) has been implemented from 1.10.2020. However, a question is arising as to how this TCS in the Tax invoice should be reported in GSTR1 under GST.

FAQs on - Manufacture and Other Operations in Customs Warehouse

Lekhraj sood 30 October 2020 at 15:43

CBIC has launched a revamped and streamlined program to attract investments into India and strengthen Make in India. CBIC has gathered certain queries through trade consultations which have been consolidated and answered in this article.

CBIC notifies due dates for GSTR 1 and GSTR 3B from Oct 2020 till March 2021

Lekhraj sood 19 October 2020 at 08:46

Consequent to the recommendations made by the GST Council in its 42nd meeting held on 5.10.2020, the govt. has issued a number of notifications giving effect to the recommendations.

GST Alert- Eway bill blocking from 15th October,2020

Lekhraj sood 12 October 2020 at 10:03

The E-waybill facility will be blocked for taxpayers having AAT of Rs. 5 Crores or more from 15th October 2020 if they have not filed their GSTR-3B returns for 2 successive tax periods.