Mridul Associates

16/08/2024

Sare tabeej pahen k dekh liye galib
Sukoon do peg lagane k bad hi ata hai

15/05/2020

Mridul Associates
Contact Details
7011380248
8800843272

29/01/2020

Penalty for Non – Filling of GSTR-9C within due date the taxpayer has to pay Rs. 25000/- as no specific clause for it. thus general penalty RS 50000/- 9C and Gstr-9( 100+100=200) per day max. Upto 0.25% of total turnover of that year including amendment made by dealer(Gstr-9 penalty)

Central Board of Indirect Taxes and Customs (CBIC) has frozen tax credits of around Rs 40,000 crore as the returns did not match, exposing alleged fraud by close to 2,000 entities, apart from cases where returns were not filed.

Gujrat High Court in the case of Mohit Mineral Pvt. Ltd. v. UOI has declared levy of IGST on ocean freight & corresponding notifications as ultra-vires the IGST Act, 2017 for lacking legislative competence and also declared these notifications as unconstitutional. It is concluded that no IGST is leviable on the ocean freight for the services provided by a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India.

MCA is expected to take a major step to revamp the auditor’s report that accompanies company balance-sheets, placing more onus on statutory auditors to fulfill their professional responsibilities. The move is expected in February. Besides overhauling the Companies Auditors Report Order (CARO), the government is also likely to ma mandated under the company law.



Regards
Vinayak Singh

22/01/2020

wherein they has proposed to changed GSTR 3B dates for different tax payer.



As per Press release taxpayer has been devided into two broad categories which was further divided in to two categories. The last date of filing GSTR-3B returns for every taxpayer is 20th of every month.
Category -1
From now on, the last date for filing of GSTR-3B for the taxpayers having annual turnover of Rs 5 crore and above in the previous financial year would be 20th of the month.

Category -2
The taxpayers having annual turnover below Rs 5 crore in previous financial year will be divided further in two categories. The tax filers from 15 States/ UTs, i.e., Chhattisgarh, Madhya Pradesh, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh will now be having the last date of filing GSTR-3B returns as 22nd of the month without late fees. This category would have around 49 lakh GSTR-3B filers who would now have 22nd of every month as their last date for filing GSTR-3B returns.
For the remaining 46 lakh taxpayers from the 22 States/UTs of Jammu and Kashmir, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha having annual turnover below Rs 5 crore in previous financial year will now be having last date of filing the GSTR-3B as 24th of the month without late fees.
The Finance Ministry said that the necessary notification in this regard would be issued later by the competent authority.

22/01/2020

Please contact for
1. GST REGISTRATION
2. GST RETURN
3. IEC CODE
Any work related for Gst and income tax please contact in messenger.

16/12/2019

Today, 16/12/2019-Hon’ble Delhi High Court has issued Notice to UOI & ors in the writ petition filed by Sales Tax Bar Association challenging the CGST Rule 36(4) & Circular No. 123 dt. 11/11/19. Matter was argued by Mr Sujit Ghosh, Adv. who represented TEAM STBA.

11/12/2019

As the Citizenship Amendment Bill 2019 passes in the Parliament, the dreams of crores of deprived & victimised people has come true today.

Grateful to PM Narendra Modi ji for his resolve to ensure dignity and safety for these affected people.

I thank everyone for their support.

10/12/2019

27/10/2019

Happy Diwali