News and Events
CSR Amendments: All you need to know
22 May, 2021
Recent Changes in GST Return Filing process
21 Jan, 2021
Under the GST Regime, the QRMP Scheme of filing Returns has been introduced for all Returns which will be filed for the period January 2020 and onwards.
Further, the input tax credit available to the recipient taxpayer (for the period January 2020 and onwards) shall be restricted to 105% of the amount of credit as reflected in GSTR 2A (which is a summary of the outward supplies furnished by suppliers).
A new Rule 86B has also been introduced effective January 2020 and onwards requiring certain taxpayers to pay minimum 1% of their tax liability through the cash ledger even if input tax credit balance is available.
We have published a newsletter summarising the salient features of the new return filing processes and procedures which can be accessed at https://garvca.com/newsLetter.php.
For any query on the same, please mail to info@garvca.com
GST: Revised Laws released
26 Nov, 2016
Revised GST Model Laws and State Compensation law draft released. To download the same visit http://www.cbec.gov.in/htdocs-cbec/gst/revised-gst-laws