jigar rawal

GST Practitioner #OnlyGST#Taxation

[Awanish Sharan 🇮🇳 @AwanishSharan]

This 16 seconds video gives us many lessons:

1. Don’t celebrate too early.
2. Don’t lose hope before the end result.
3. Always wait for your time.
4. Every second of your life is important.

[GST Insights 🇮🇳 @InGSTPortal]

Supreme Court's ruling directs opening the window for taxpayers to claim transitional credits

✅ 60-day window to be opened to claim transitional credits.

✅ The decision of Delhi HC allowing the benefit to all the taxpayers has become part of the Supreme Court's order.

[Tansu Yegen @TansuYegen]

Wowww…

[CNBC-TV18 @CNBCTV18Live]

#GSTC allows for money in E-credit & E-cash ledgers to be used to pay output tax dues in returns. #GSTC told that solicitor general to defend #NAA in cases where its constitutional validity is challenged, say sources to @TimsyJaipuria

Here's more on #GSTCouncilMeet

[CA Harshil sheth @CA_HarshilSHETH]

When Client ask "Sir which items, we cannot claim ITC in GST?"
I reply FMCG PE

Small Trick to remember 17(5)

F-FOOD & BEVERAGE
M-MOTOR CAR IF less THAN 13 PERSON
C-Construction Or Works Contract
G-Goods Destroy/lost/Dispose
P-Paid tax in 74/129/130 i.e fraud case
E-(read below)

[CA Chirag Chauhan @CAChirag]

High time you need to extend due dates Today and Notify

RT if agree

[Income Tax India @IncomeTaxIndia]

On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961, CBDT further extends due dates for filing of Audit reports & ITRs for AY 21-22. Circular No. 01/2022 dated 11.01.2022 issued.

[Peyush Bansal @peyushbansal]

A message from the heart...

[Timsy Jaipuria @TimsyJaipuria]

. @theicai submits representation to @IncomeTaxIndia to consider waiver of penalty & other consequences for late submission of TAR for FY21 till 31st March due to current #COVID19 spread. Current due date is 15 Jan
@CNBCTV18News @CNBCTV18Live @ShereenBhan @FinMinIndia @icsi_cs

[CNBC-TV18 @CNBCTV18Live]

Finance Minister says decided to defer the correction of inverted duties for #textiles.

#Textiles will again be referred to the 'rate rationalisation panel'.

[CNBC-TV18 @CNBCTV18Live]

GoM will submit the report by Feb for circulation to all ministers; #GST Council could meet in Feb-end or early March after the report of the GoM on rate rationalisation: FM

[CBIC @cbic_india]

✅ Recommendations of 46th GST Council Meeting

✅ Existing GST rates in textile sector to continue beyond 1st January, 2022

Read more ➡️ https://t.co/oCYehlNozu

@FinMinIndia @nsitharaman @mppchaudhary @nsitharamanoffc

[Ministry of Finance @FinMinIndia]

✅ Recommendations of 46th GST Council Meeting

✅ Existing GST rates in textile sector to continue beyond 1st January, 2022

Read more ➡️ https://t.co/gi4ewvwk7d

[Ministry of Finance @FinMinIndia]

FM Smt. @nsitharaman to address a media briefing on the outcomes of 46th GST Council meeting at 3:00 PM (tentative) in New Delhi today.

Watch LIVE here👇
YouTube➡️https://t.co/MtFGPz6lIu

Facebook➡️https://t.co/0yaSWpqaBK

Follow for LIVE updates
Twitter➡️https://t.co/XaIRg3fn5f

[Ministry of Finance @FinMinIndia]

FM Smt. @nsitharaman will chair the 46th meeting of the GST Council in New Delhi, today. The meeting will be attended by MoS for Finance Shri @mppchaudhary & Shri @DrBhagwatKarad, besides Finance Ministers of States & UTs and Senior officers from Union Government & States.

[Ministry of Finance @FinMinIndia]

FM Smt. @nsitharaman will chair the 46th meeting of the GST Council in New Delhi, tomorrow. The meeting will be attended by MoS for Finance Shri @mppchaudhary & Shri @DrBhagwatKarad, besides Finance Ministers of States & UTs and Senior officers from Union Government & States.

[CBIC @cbic_india]

The due date for furnishing annual return in FORM GSTR-9 & self-certified reconciliation statement in FORM GSTR-9C for the financial year 2020-21 has been extended from 31.12.2021 to 28.02.2022. Notification No.40/2021-Central Tax dated 29.12.2021 to this effect has been issued.

[Income Tax India @IncomeTaxIndia]

CBDT issues Notification No. 139/2021 dated 28th December, 2021 in S.O. 5429(E) notifying the Faceless Appeal Scheme, 2021 in supersession of the earlier Faceless Appeal Scheme, 2020 of Government of India.
Notification is available on:
https://t.co/Wo019K8Zj9

[CNBC-TV18 @CNBCTV18Live]

Sources to CNBC-TV18: #GST Council to meet on 31st Dec at 11am

@GST_Council to meet physically at Delhi