Mysore/Mysuru: The Central Board of Indirect Taxes and Customs, in its Notification dated 1st August, 2022, has made it compulsory to issue e-Invoice with effect from 1.10.2022, by those whose turnover exceeds Rs.10 crore. To understand the system, following tips are provided to the GST registrants: 1. Who are covered? a. Taxpayers whose aggregate turnover…
S. Venkatesh, Superintendent of Central Tax & Customs, Mysuru, receiving GST Appreciation Certificate from Finance Minister Nirmala Sitharaman at New Delhi recently on the occasion of 5th GST Day celebrations as others look on. He was awarded for rendering dedicated and meritorious service and promoting excellence in administration of GST.
Finance Minister Nirmala Sitharaman honours him with Presidential Award Kollegal: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman conferred the Presidential Awards in the form of Appreciation Certificates and Medals for “Exceptionally Meritorious Service at Risk to Life” and “Specially Distinguished Record of Service” to the officers and staff of Central Board of Indirect…
GSTN or Goods and Sales Tax Number is now necessary for business or individual service providers in India. The Government of India issues the GST number to businesses, individuals, and organizations. Especially MSMEs and SMEs. One can get their own GST number or a GST number for their businesses after registering on the government portal. …
From Jan.1, 2021, many rules are going to change, that includes implementation of Positive Pay system to curb cheque frauds, mandatory FASTags for all four-wheelers across India and new mode of GST return filing facility for small businesses. So, before the new rules roll out, here is a lowdown on the new rules / systems:…
CII holds seminar on “Legacy Dispute Resolution Scheme, GST New Returns and Budget 2019” Mysuru: The new monthly GST return filing system will be rolled out from October, said P.M. Prabhakaran, Partner & Advocate, Lakshmikumaran and Sridharan, Attorneys. Speaking during the one-day seminar on ‘Legacy Dispute Resolution Scheme, GST New Returns and Budget 2019’ organised…
Addresses GST and I-T officials Mysuru: Union Finance Minister Nirmala Sitharaman, who had visited Kodagu to assess the flood situation recently, arrived in city this morning. She will be addressing the GST and Income Tax officials in an internal meeting organised by GST Commissionerate, Mysuru, at Hotel Radisson Blu here. Nirmala, who arrived on road…
Mysuru: A city-based industrialist has been arrested by the GST (Goods & Services Tax) authorities on charges of tax fraud this morning. Anil Mehra, 59, proprietor of Spectra Pipes in Hootagalli Industrial Area, is the one who is arrested. Anil Mehra is said to have earned an Input Tax Credit of Rs. 7.5 crore, by…
Mysuru: The Mysore Division Tax Practitioners Association will hold a seminar on “Technicality of GST Annual Return: Form GSTR 9, 9A and 9C Filing, Format, Eligibility & Rules” and “Recent Amendments & Taxability on Real Estate Sector Under GST Act” on May 25 (Saturday) from 10 am to 4.45 pm, at Ground Floor, Devegowda Hall,…
Mysuru: “GST is not merely tax reform, it is business reform as well,” opined D.P. Nagendra Kumar, Principal Chief Commissioner, Central Tax, Bengaluru. He was speaking during an interaction session on GST organised by CII Mysuru – Finance and Taxation Panel at Hotel Southern Star here recently. “Earlier, apart from multiple taxes we had huge…
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