Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form GSTR 3B with AATO of up to Rs 5 Cr. in the previous financial year is eligible. If AATO crosses Rs 5 Cr. […]
Month: November 2020
E – Invoicing mandatory for taxpayers with aggregate turnover exceeding Rs. 100 Cr. from 1st January 2021
From 1-1-2021, Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 100 Cr. (in any preceding financial year from 2017-18 onwards). Updates on e-invoice – enablement, testing, help options & resources Updates on e-invoicing Certain set of taxpayers had started e-invoicing from 1st October, 2020. In the month of October, 2020, about […]
COMPLIANCE CALENDAR NOVEMBER 2020
Nature of Compliance Act Due Date/Extended Due Date Depositing of TDS/ TCS for October 2020 Income Tax 07.11.2020 Depositing of equalization levy for the month of October 2020 Income Tax 07.11.2020 Filing of GSTR-7 (TDS Deductor) for the month of October 2020 GST 10.11.2020 Filing of GSTR-8 (TCS Collector) for the month of October 2020 […]