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"

Saturday, 20 January 2018

Key Highlights of 25th GST Council Meet


The GST Council met on 18th Jan to discuss GST Returns consolidation, rate cuts and more. While a few changes were announced, the council has decided to meet again in 10 days to come to consensus on various matters. Here is a summary of the:
1. Late fee reduction:
a. GSTR-1, GSTR-5, GSTR-5A and GSTR-6 - late fee is reduced to Rs. 50 per day
b. Nil return filed for GSTR-1, GSTR-5, GSTR-5A – late fee is reduced to Rs. 20 per day
2. Cancellation of registration by voluntary registrants can be applied before expiry of 1 year from the date of registration.
3. Cancellation of registration (REG - 29) by migrated taxpayers extended till 31st March 2018
4. After successful implementation of e-Way Bills, the e-Way Bill portal to be shifted to ewaybillgst.gov.in
5. Certain modifications to e-Way Bill rules to be notified soon.
6. Recommendations made by Handicraft Committee has been accepted by the Council. The rates are to be worked out later.
7. GST rates for 29 Goods and 53 Services have been reduced. These rates are going to come into effect from 25th January 2018.
For any assistance with GST, call us on 9900397777 or write to us at info@preethamandco.com

By at
Labels: ,

2 comments:

  1. Purnima8 January 2021 at 04:58

    Great share!

    Loved all that you shared, and you are right, one cannot deny the power of Google. 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.

    Keep it works and share with us your latest information. 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.

    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 Manawat10 January 2021 at 23:16

    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)