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Manner of Calculation of Interest Liability under GST

Even after completion of five years of GST laws implementation in India, still, things getting evolved. And, this evolution is in such manner that after five years, it is being imposed/applied with retrospective effect from very first day…

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3B CALENDAR AND LATE FEE CALCULATION FY 2022-23

For the financial year 2022-23, due date of filing of GSTR-3B depends on various parameters. So, it is necessary to check all those parameters to decide the due date of filing the GSTR-3B for any tax period, failing…

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GST Amnesty Scheme 2021- Applicable till 30/11/2021

Likewise in earlier years, the Government through CBIC, brought up a Scheme for non-filers under GST. The core purpose behind the scheme is to provide financial assistance to non-filers and to bring them back in the GST system…

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3B Calendar and Late Fee Calculation FY 2021-22

For the financial year 2021-22, due date of filing of GSTR-3B depends on various parameters. So, it is necessary to check all those parameters which decides the due date of filing the GSTR-3B for any tax period, failing…

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2021 – Relief Measures under GST due to COVID-19 Pandemic

During the first wave of Corona pandemic in India in the year 2020, the government comes out with various relaxations in relation to due date for payment of taxes, filing of returns, lower interest rates, etc. Again in…

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Interest on Late Payment of GST including relaxations of COVID-19

Section 50 of CGST Act 2017 provides for levy of Interest on delayed payment of Tax under said act. As per sub-section (1), Every person who is liable to pay tax in accordance with the provisions of the…

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Relaxations and Fee Waivers for GSTR-3B during COVID-19 Pandemic

As per latest developments, government has brought up major relaxations for filing of FORM GSTR-3B for the period from July 2017 to July 2020. Late Fee Waiver in full for nil returns or levy upto maximum of Rs…

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Relief Measures under GST due to COVID-19 Pandemic – updated till 05/05/2020

Coronavirus occurred at the times when India was at the verge of closing its financial year, many of the events/things likely to change with the closing of one financial year and opening of new financial year. Under GST…

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Waiver of fee for late filing GSTR-3B due to technical issues of TRAN-1

In December 2017, at the last moment of filing of form TRAN-1 on 27th day of said month, so many people faced technical issues in filing such form after successful submission. Due to non-filing of such form, GSTN…

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