Established in the year 2016, we are an emerging chartered accountancy firm based in Bengaluru rendering comprehensive professional services which include audit, management consultancy, tax consultancy, accounting services and secretarial services.

Quote of the Day: "Greatness comes by doing a few small and smart things each and every day... it comes from taking little steps, consistently"

Sunday, 10 September 2017

Key Takeaways from 21st GST Council Meet


Due date for GSTR 1 extended
The due date for GSTR 1 filing has been extended to 10th October 2017 from the existing 10th September 2017. However for a registered person with an aggregate turnover of more than Rs.100 crores, the due date for filing is 3rd October 2017.
Due date for GSTR 2 & 3 extended
The due date for GSTR 2 filing has been extended to 31st October 2017 and GSTR 3 to 10th November 2017.
GST TRANS 1 Revision
The government has also allowed the one-time revision of GST TRANS 1 and also extended the filing due date to 31st October 2017.
GST – 3B to continue till December
The government has also decided to continue the filing of GSTR – 3B till December 2017.
Avail composition scheme till 30th September
For those who could not avail the composition scheme can avail the scheme till 30th September 2017 and such person can avail the benefit of composition scheme with effect from 1st October 2017.
Special exemption to Handicraft
The government has decided to allow the handicraft business to enjoy the threshold exemption for registration even in case of interstate supplies if the total turnover is within 20 lakh limit. Further goods can move under the cover of e-way bill, irrespective of the value of the consignment.
Special exemption to Job worker
The government has decided to allow the to exempt job worker from obtaining registration who are making interstate taxable supplies of Job work service to a registered person as long as goods move under the cover of an e-way bill, irrespective of the consignment value.
Requirement of TDS and TCS 
The registration requirement for person liable for deducting TDS and TCS will commence from 18thSeptember 2017.
Setting up committee
The government has decided to set up a committee consisting of officers from both center and state under the chairmanship of the revenue secretary to examine related to exports.
Group of ministers to examine issues  
The GST Council has also decided to constitute a group of ministers to monitor and resolve the IT challenges faced during the GST implementation.
By at
Labels:

2 comments:

  1. Ankit Manawat8 January 2021 at 21:33

    Great share!

    Loved all that you shared, and you are right, one cannot deny the power of Google. I simply love it and am part of a number of
    communities too. The point you mention in your post sand blasting machine manufacturer in India that are very useful for me. I understand the way of the attractive to the customer with the products.

    Keep it works and share with us your latest information. For more Information or any help then visit now at Sand Blasting Machine, Shot Blasting Machine, Sand Blasting Machine for Sale, Sand Blasting Machine Manufacturer, and Small Sand Blasting Machine.

    They are similar to small communities that you own - check them out if you haven't already.It's all got a lot better than before!t.

    Thanks for sharing. Have a nice week ahead.

    Visit at : www.blaster.co.in

    Also Check
    Portable Sand Blasting Machine
    Portable Shot Blasting Machine
    Shot Blasting Machine
    Portable Grit Blasting Machine
    Grit Blasting Machine


    Regards,
    Purnima Sharma.

    ReplyDelete
  2. Ankit Manawat18 January 2021 at 03:58

    Great share!

    I love this bucket list and you know you're right. sand blasting machine manufacturer. We all have the same amount of hours in a day so put them to good use. We all have to start somewhere and your plan is perfect. I understand the way of the attractive to the customer with the products sand blasting machine.

    Sand blasting machines like shot blasting machine, sand blasting machine, and grit blasting machines, Wood Working Machinery Dust Extraction unit, Abrasive Blasting Media and various others. Keep it works and share with us your latest information. My time will come but I know I'm on the right path.

    They are similar to small communities that you own - check them out if you haven't already. It's all got a lot better than before!t. Value that list of thousands but I'll get there.

    Thanks for sharing. Have a nice week ahead.
    Visit at : www.gritblast.co.in

    Also check
    portable shot blasting machine
    portable sand blasting machine
    sand blasting cabinet
    grit blasting cabinet
    shot blasting cabinet

    Regards,
    Ankit Manawat.

    ReplyDelete

Subscribe to: Post Comments (Atom)