Easy Office
Easy Office

GST News


8th Instalment of Rs. 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   21 December 2020 at 18:05

A total amount of Rs. 48,000 crore released so far to all States and UTs with legislation. This is in addition to additional borrowing permission of Rs. 1,06,830 crore granted to the States

Posted in GST |   1533 Views


GST Taxpayers | Late Fees and Interest applicable on the QRMP Scheme

   21 December 2020 at 11:00

The Quarterly Return and Monthly Payment Scheme (QRMP Scheme) has been a welcome gift to the small and medium level GST registered taxpayers. Know about the Late Fees and Interest applicable on the QRMP Scheme here.

Posted in GST |   3405 Views


GST Portal - Ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d)

   21 December 2020 at 11:00

Taxpayers may kindly continue to declare their correct liability in Table-3.1(d) pertaining to liability on inward supplies attracting reverse charge and proceed to file GSTR-3B

Posted in GST |   2094 Views


Due dates for filing of Form GSTR-3B for the Tax Periods from October 2020 till March 2021

   18 December 2020 at 11:26

The GST Portal has notified the due dates for filing of Form GSTR-3B for the Tax Periods from October 2020 till March 2021.

Posted in GST  1 comments |   5946 Views


Generation of E-way Bills by Transporters for e-invoices

   17 December 2020 at 16:21

The NIC system is geared up to take the load of the taxpayers, with an annual turnover of more than Rs 100 Crores, to generate the IRNs from 01.01.2021, as notified by the government.

Posted in GST  1 comments |   2628 Views


FM attends the 70th Passing Out Ceremony of IRS (C&CE) officers who will be at the helm of administering GST

   17 December 2020 at 10:07

The ceremony was presided over by the Chairman CBIC, Shri. M. Ajit Kumar. The Chairman received the Guard of Honour and inspected the parade.

Posted in GST |   2529 Views


Extension of IT, GST Audit & Return Filing Dates requested by five leading CA Associations

   16 December 2020 at 13:37

Request generated by the Bombay Chartered Accountants' Society, Chartered Accountants Association Ahmedabad, Chartered Accountants Society Surat, Karnataka State Chartered Accountants Association, and Lucknow Chartered Accountants Society.

Posted in GST  13 comments |   26148 Views


GST Portal releases guidelines for auto population of details in Form GSTR-3B from Form GSTR 1 & GSTR 2B

   16 December 2020 at 10:27

Auto-population of system computed details in Form GSTR-3B, has been enabled for taxpayers (filing their Form GSTR-1 on monthly basis), from November 2020 Tax Period onwards.

Posted in GST |   7485 Views


Know about QRMP for GST Taxpayers

   14 December 2020 at 21:12

Know about Quarterly Return and Monthly Payment Scheme (QRMP) for GST Taxpayers.

Posted in GST |   3102 Views


7th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   14 December 2020 at 21:12

7th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

Posted in GST |   1611 Views