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…
Mysuru: The Central Board of Indirect Taxes and Customs, The Ministry of Finance, Government of India, New Delhi, through a notification has provided an opportunity to update and file the necessary GST returns waiving the LATE FEE if filed on or before 31.3.2019. Those coming under GST may update the following before Mar.31 and avoid…
GST Consultant K. Vijayrajesh addressing the members of various Contractors Association at an interaction session held at Rotary auditorium on JLB Road in city yesterday. Mysuru: Goods and Services Tax (GST) Consultant K. Vijayrajesh has advised the contractors of Mysuru City Corporation (MCC) and Mysuru Urban Development Authority (MUDA) to sort out their tax-related issues…
Mysuru: The Mysore Division Tax Practitioners Association (MDTPA) has organised a seminar on GST on Thursday (Nov. 22) at 10 am at the Ground Floor, F K Irani Hall, Rotary School, JLB Road here. CA B. D. Chandrashekar FCA and CA B. L. Subramanya ACA [M/s. Shekar & Yathish, Chartered Accountants, Bengaluru], will hold clause…
Mysuru: “Inflation may be due to demonetisation but luckily we never had any inflation due to implementation of GST (Goods and Service Tax) across the country,” said Ravi Kiran Edara, Joint Commissioner, Mysuru GST, Commissionerate. He was speaking after inaugurating a one-day seminar on “One year of GST – Success and Challenges under the GST…
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