TDS payment for the month of March 2020 Payment of tax deducted at source (TDS) for the month of March 2020 into the Govt. treasury: · No change in time for payment which is 30 April 2020 · However, reduced interest rate @ 0.75% per month or part thereof would be [...]

What is GST PMT 09? Earlier launched by CBIC via notification no. 31/2019 CT on 28th June 2019, PMT 09 is the prescribed challan for relocating the falsely or erroneously paid ITC. For example, if you have paid CGST instead of SGST, you can rectify it by using this challan which […]

Corona Relief provided to taxpayers by non-application of Rule 36(4) for seven tax period/months (Feb to August 2020)Recently vide Notification No. 30/2020 – CT dated 03-04-2020 the following proviso has been inserted in Rule 36(4) which reads as under:“Provided that the said condition shall apply cumulatively for the period February, March, [...]

Filing Dates extended for providing relief to taxpayers in view of COVID-19 pandemic- Part 1 07/04/2020 Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings. These are notified in Notifications 30/2020 to 36/2020 dated 03.04.2020. Circular No. 136/06/2020-GST dated 3rd April, 2020 has been issued. 1. Normal Taxpayers […]