EAP LLP

  43rd GST Council Meeting Held on 28th May, 2021- Key Highlights To combat the difficulties faced by the taxpayers in the light of the second wave of COVID 19 pandemic accompanied with the gradual increase in the Black, white and yellow fungus cases, the 43 rd GST Council Meeting was held on 28 th May, 2021. A series of recommendations were issued through the Video meet chaired by Nirmala Sitharaman. The same are in the nature of recommendation and not effective as yet.  We have divided the same into parts for the ease of understanding and referral:   1.      Relaxations in various due dates   2.      Rationalization in late fees for filing GSTR1 and GSTR3B   3.      Cumulative availing credit as per GSTR2A for April, May and June-2021   4.     S implification in furnishing the mandatory requirement of Annual return and Reconciliation statement for 2020-21   5.      Retrospective effect for charging interest on net cash liability   6.      Relief in GST rates in

  Team Composition The firm has a large number of employees consisting of Chartered Accountants, students pursuing Chartered Accountancy course and Company Secretary, MBA and Graduate in accounting. Our services covers compliances and assurance as per the provisions of the Company Law, Income Tax Law and other laws which influence financials directly. Team Training EAP takes various initiatives for the training of employees which are relevant to the execution of assignments including wide areas such as recent amendments/changes in the Acts relating to direct and indirect tax, new methods/processes for execution of works, advance excel skills.M Our training also covers guidance on handling of Val