Friday, December 29, 2017

Govt. extends deadline for furnishing GSTR-1 to January 10

Central Govt. extends the deadline for furnishing Form GSTR-1; Accordingly, registered persons having aggregate turnover of upto Rs. 1.5 Cr can furnish return by January 10th for the period ‘July to September’, by February 15th for ‘October to December’, and by April 30th for ‘January to March’ period; On the other hand, registered persons having aggregate turnover of more than Rs. 1.5 Cr shall furnish returns as follows – by January 10th for ‘July to November’, by February 10th for ‘December’, by March 10th for ‘January’, by April 10th for ‘February’, and by May 10th for ‘March’ : Finance Ministry Notifications 

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Delhi HC holds 10% pre-deposit requirement for penalty-only appeals inapplicable where SCN was issued before amendment

  This Tax Alert summarizes a recent ruling of the Delhi High Court (HC) [1] on whether the newly introduced pre-deposit requirement for fi...