UPADHYAY SURAJ AND CO.

Absolutely honored to have met the legendary GST Guru Bimal Jain Sir - A man of wisdom, vision, and humility.
Some meetings don’t need hours — a few minutes with a legend like Bimal Jain Sir are enough to inspire a lifetime.

Rs 1,55,922 crore gross GST revenue collected in the month of January 2023; 2nd highest collection ever

GST registration should be made one day process in the upcoming budget. Harassment in gst registration is at its peak.
Here neither proper reason for rejection is given nor correct spelling of English is used. Undersigned is AC

Amendment in definition of small company

MCA amended Companies (Specification of definition details) Rules amending definition of small company w.e.f. 15.09.2022, limit of paid up capital & turnover has been increased to Rs. 4 crore from 2 Crs & Rs. 40 Cr from 20 Cr

ESIC Return and Challan payment date extended from 15th September 2022 to 22nd September 2022. (for the contribution payment of Aug2022)

*GSTN introduces a new option to file NIL GSTR-1 by selecting the check box*

E-Invoicing limit reduced to 10 Cr. from existing limit of 20 Cr w.e.f 1st Oct 22 vide NNo. 17/2022

IMP NOTE - If Aggregate Turnover has exceeded 10 Crs in ANY PRECEDING FY i.e. 17-18,18-19,19-20,20-21 or 21-22, then E-Invoicing would be applicable from 1st Oct 2022!!

Reduction of time limit for verification of ITR from within 120 days to 30 days of uploading of ITR electronically

For ITR Filed upto 31/07/22 earlier time limit of 120 days would continue to apply

For ITR Filed from 01/08/22 reduced time limit of 30 days would be applicable

GST Compensation Cess collection extended till 31.03.2026 even before GST Council meeting and yet they say every substantial decision is taken by GST council. The irony