GST

YEAR ENDING TASKS IN GST FOR FY 2020-21

Deadlines Ended to 31st March 2021 Annual Return The due date to furnish GSTR-9 and GSTR-9C (whose turnover during a financial year exceeds INR 5 crores)  for FY 2019- 20 has been extended till 31-03-2021 vide notification number 04/2021-central tax dated 28-02-2021. Option for composition scheme The functionality to opt for composition has been made […]

GST

E-Invoice under GST for turnover above 500 crore & SEZ excluded

As per Notification no. 61/2020 dated 30.07.2020 E-Invoice is applicable for assessee’s having turnover above 500 crores with effect from 01.10.2020 and SEZ are excluded from e-invoicing. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION No. 61/2020- Central Tax New Delhi, the 30th July, 2020 G.S.R. 481(E).—In exercise of […]