Online Information Data Base
Access and Retrieval (OIDAR)
GST
(Goods & Services Tax)
What is OIDAR?Online Information Database Access and Retrieval services(hereinafter referred to as OIDAR) is a category of servicesprovided through the medium of internet and received by therecipient online without having any physical interface with thesupplier of such services. E.g. downloading of an e-book onlinefor a…
CBIC Latest Issues 12 Important GST Notifications Related to 43rd GST Council Meeting.
Date of Effect of Section 112 of the Finance Act 2021Vide Notification No. 16/2021 – Central Tax, CBIC has appointed 1st June 2021 as the date on which Section 112 of the Finance Act 2021 shall come into force. This section seeks to amend Section…
Recommendation of 43 GST council meeting
Full meeting press release provided in below link https://www.pib.gov.in/PressReleseDetailm.aspx?PRID=1722578
BUDGET HIGHLIGHTS 2021
DIRECT TAX Exemption from filing tax returns for senior citizens over 75 years of age and having only pension and interest income; tax to be deducted by paying bank Time limit for re-opening cases reduced to 3 years from 6 years Serious tax evasion cases, with evidence of concealment…
PERSON WHO ARE NOT REQUIRED TO REGISTER UNGER GST
Person not liable to pay GST need not register – any person engaged exclusively in the business of supplying goods or services or both that are not liable to tax or are wholly exempt from tax under CGST Act. or IGST Act. Agriculturist need not…
GST cash ladger balance can be transfer from one head to another head
File FORM GST PMT 09, to transfer/shift the money available in Electronic Cash ledger, between various major and minor heads of GST.For details, please visit: www.gst.gov.in