Update- Section 35(5) is omitted from 1st August 2021. It contained the provisions related to the GST audit. Now there is no need for a certificate from an auditor. Taxpayers can self-certify their own data. Section 35 of CGST Act Section 35 of CGST Act
New in – Two sections of the Finance Act 2021 are notified from 1st August 2021. Section 110 and 111 of FA 2021 are notified by CBIC. These two sections belong to GST. It contains the removal of section 35(5) of the CGST Act and
Food, clothing, and shelter are three basic needs of any human being. Construction activity not only provides homes by virtue of building houses but also provides food and clothing by giving them employment. It was the construction activity only, which turned out to be
Table of Contents IntroductionReturn FilingBenefits, Features & FAQsComparison: 2A vs 2B Introduction There’s a new (static) monthly statement out, known as the ‘GSTR-2B’. Launched back in August this year, effective from 12th September, this is designed for regular users (taxpayers). This is on the common
Registered Persons having “Aggregate Turnover” up to Rs. 2 Crore are exempted from filing of Annual Return- Notification No. 31/2021 – Central Tax dated 30th July 2021 Registered Persons having “Aggregate Turnover” above Rs. 2 Crore required to file Annual Return (GSTR 9) with
Section 44 of CGST Act Section 44 of CGST Act provide for the filing of Annual return in GST. This section is amended from 1st August 2021 via Finance Act 2021. Notification no. 29/2021 notified sections 110 and 111 of FA 2021. The following text
• 2017 (8) TMI 938 – Supreme Court in Justice K.S. Puttaswamy (Retd.), and Another Versus Union Of India And Others • Right to life and personal liberty under Article 21, privacy is not an absolute right. • Privacy has both positive and negative
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 31/2021 – Central Tax New Delhi, the 30th July 2021 G.S.R……(E).— In
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 30/2021 – Central Tax New Delhi, the 30th July 2021 G.S.R……(E).- In
This notification has notified two important sections of FA 2021. Section 110 and 111 of FA 2021 are applicable from 1st August 2021. Section 110 of Finance Act 2021 omitted section 35(5) of the CGST Act. This section was about the GST audit. From now
