The 2023 G20 summit was held in New Delhi, India, on September 9-10, 2023. The main venue was the Pragati Maidan, a large exhibition complex in central Delhi. The summit was also held at other venues in New Delhi, including the Hyderabad House, the Prime Minister's residence, and the India International Centre. The 2023 G20 summit was attended by the leaders of the 20 member countries of the G20, as well as the leaders of several invited countries, including Argentina, Indonesia, Senegal, South Africa, and Turkey. The summit was also attended by the heads of international organizations, such as the United Nations, the World Bank, and the International Monetary Fund. The G20 Delhi Declaration was the outcome document of the 2023 G20 summit. It was a 38-paragraph document that covered a wide range of issues, including: The global economy and finance: The declaration called for continued efforts to strengthen the global economy and financial system. It also emphasized the importance
Myth 1) Every taxpayer has to file invoice wise details in the return 2) There are 3 returns to be filed every month Reality 1) Only suppliers to re-sellers (i.e. B2B suppliers) not under composition scheme have to file invoice wise details. 2) There is only one return to be filed by the taxpayer with other components getting auto-populated. Category of Taxpayers Details to be Given Form to be used Periodicity / Last date Aggregate Turnover less than Rs. 20 lakh Nil Nil Nil Aggregate Turnover up to Rs. 75 lakh and availing the composition Scheme Ø Consolidated details of outward supplies made by you during the quarter including that if advance received Ø Details of supplies received ( Auto-populated from the GSTR-1 of the supplier) Form GSTR-4 Quarterly or 18 th of the month following the quarter Aggregate Turnover more than Rs. 20 lakhs and not availing Composition Scheme but