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Highlights of 39th gst council meeting

WebMar 18, 2024 · The 39th GST Council meeting was held on Saturday, 14th March 2024 at New Delhi. The Union Finance Minister Nirmala Sitharaman preceded the meeting. The … WebMay 19, 2024 · Highlights of 40th GST Council Meeting dated 12th June 2024 1. Reduction in the late fees for past Returns: 2. Relief for small taxpayers for late filing of returns for February, March & April 2024 Tax periods as follows: 3. Relief for small taxpayers for subsequent tax periods (May, June &July 2024) as follows: 4.

What To Expect From Upcoming GST Council Meeting

WebMar 26, 2024 · Key Highlights of 35th GST Council Meeting Following decisions were taken in this 35th GST Council Meeting 1. Annual GST Return due date extended GSTR-9, GSTR-9B and GSTR-9C due date have been extended from 30th June 2024 to 31 August 2024 for the financial year 2024. The taxpayer will get this notification in the coming weeks. 2. WebMar 16, 2024 · Highlights of the 39th GST Council Meeting Changes in GST Rates GST on mobile phones, specified parts increased to 18% from 12%. GST on Maintenance, Repair … dhruv rathee cold war https://shinestoreofficial.com

Highlights of the 39th GST Council Meeting - Avalara

WebFeb 18, 2024 · Union Finance Minister Nirmala Sitaraman chaired the 49th meeting of the GST Council today, at Vigyan Bhawan, New Delhi. The matter of discussion of the meeting held was focused on the following: Late Fee for Annual Return Up to 5 Crore Rs. 25/day subject to maximum of 0.02% of turnover. For Taxpayers having TO of 5 cr to 20 cr, Late … WebMar 16, 2024 · On 14th March 2024, 39th GST Council Meeting was held, in which certain important recommendations were made, to provide relief to the taxpayers registered … WebMar 16, 2024 · On 14th March 2024, 39th GST Council Meeting was held, in which certain important recommendations were made, to provide relief to the taxpayers registered under the GST Act on some major aspects. Here are the important recommendations made in the meeting: 1. GST system-related issues cincinnati bearcats football urban meyer

GST Council 39th Meeting - Press Release 14th March 2024

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Highlights of 39th gst council meeting

40th GST Council Meeting: Overall Updates Corpbiz

Web39th GST Council Meeting Highlights E-invoicing and the QR code was deferred to 1st October 2024. Certain class of registered persons (insurance company, banking company, … WebMar 28, 2024 · The crux of 39th GST Council Meeting. Here are some crucial decisions that were taken in the Meeting: Implementation of e-invoicing and new GST Return System has been postponed- E-invoicing, new GST Return System and the QR code shall be implemented from 1 st October 2024. While, the present Return system (GSTR-1, GSTR-2A & GSTR-3B) …

Highlights of 39th gst council meeting

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WebMar 16, 2024 · 39th GST Council Meeting Highlights Major Decisions By GST CouncilFor more detailed GST related videos subscribe to our channel: http://bit.ly/37B4oMA39th ...... WebMar 21, 2024 · Highlights of the 39th GST Council Meeting explains decisions related to Interest on delayed payments, Deferment of the new GST return system and e-invoicing, Changes in the GST rates, Deadline of GSTR-9 and 9C, Know your supplier, Waiver and Extension of due dates and Amendment to revocation of cancellation of GST. Page …

WebFeb 23, 2024 · with the authors The foremost agenda of the 49th GST Council meeting was to discuss the setting up of the Appellate Tribunal and mechanism to curb tax evasion in pan masala, chewing tobacco, and gutkha industry, among other matters for trade facilitation and streamlining GST compliances. WebJun 3, 2024 · Highlights of 39th GST Council Meeting ‘Know your supplier’ scheme got approval. Aircraft MRO tax fell from 18% to 5%. Match sticks GST rates now set at 12% in the case of both machine and handmade ones. Interest payment to be levied with every upcoming cash liability under Section 50, to be applicable starting from July 2024. ...

WebMar 14, 2024 · 39th GST council meeting was held on 14.03.2024. Major highlights of above meeting as per the sources are as follows: GSTR 9/ 9C due date for F.Y. 2024-19 has been extended to 30.06.2024. Turnover Limit for GSTR 9C has been increased to Rs. 5 crore. WebThe 39th GST Council meeting was conducted on Saturday, 14th March 2024 in New Delhi. The Union FM Nirmala Sitharaman chaired this meeting. The GST Council took various important decisions on crucial issues under GST. Highlights of the 39th GST Council Meeting: Postponement of the new GST return framework and e-Invoicing Changes in the …

WebMar 19, 2024 · Below are the key highlights from the 39 th GST council meeting. Deferment of the new GST return system and e-invoicing The implementation of the new GST return system has been postponed to 1st October 2024. Also, the implementation of e-invoicing and the QR code has been deferred to 1st October 2024.

WebMar 14, 2024 · Highlights of 39 th GST Council Meeting. The GST Council, in its 39lh meeting held on 14.03.2024, has made the following recommendations: Interest for delay … cincinnati bearcats football wallpaperWebMar 19, 2024 · 1. Deferment of the new GST return system and e-invoicing to 1st October 2024. The present return system (GSTR-1, GSTR-2A & GSTR-3B) will be continued until … dhruv rathee earningsWebMar 19, 2024 · 39th GST counting meeting highlights conducted on 14th March. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works … cincinnati bearcats football tv schedule 2022WebJan 21, 2024 · In this 39th GST Council Meeting, the implementation of the New GST Returns as well as e-invoicing and QR Code has been postponed to 1st October 2024. In … dhruv rathee course free downloadWebSep 17, 2024 · GST Council Meeting 2024: A big meet today of the Goods and Services Tax (GST) Council, which includes the Centre and states, is expected to decide on bringing petrol and diesel within the ambit ... cincinnati bearcats football vs tulsaWebMar 25, 2024 · Here are the key highlights of the 49th GST Council Meeting: GST Compensation: The Council decided to clear all GST compensation dues since June 2024 which amounts to Rs. 16,982 crore. The amount will be released from the Centre’s own resources and will be recounted. GST Appellate Tribunal: The Council discussed the … dhruv rathee facebookWebJun 13, 2024 · What are the major Highlights of the 40th GST Council Meeting? Waiver from/Reduction in the Prior Period Late Fee Late fee waiver and Interest Relief for periods February-July 2024: Taxpayers MSME Analysis Relief for the small taxpayer for subsequent tax periods in the filing of GSTR-3B cincinnati bearcats football vs georgia