Chartered accountant in Chennai

Extension of time for conduct of AGM by Companies extended

Every company registered under the Companies Act, 2013 has to conduct its AGM every year. The due date for the same normally falls on or before 30th September for most of the Companies. Due to various representations received from the stakeholders, the Ministry of Corporate affairs has extended the time of holding Annual General Meetings …

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gst return filing and gst registration services

Input Tax Credit (ITC) Reversal for Non Payment to your suppliers

As per Section 16(2) Second & Third Proviso of CGST Act,2017 , if a Tax payer fails to pay the supplier of goods or services or both, within 180 days from the date of Invoice, the amount equivalent to the Input tax Credit (ITC) availed by the recipient shall be added to the output liability …

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