Since the implementation of GST E-waybill one question which was frequently asked by majority dealer about how to deal with the cases where delivery are made under “Bill to Ship To” arrangement i.e. delivery is made to different person at the instruction of other person by a dealer. As per Read more…
After announcement of all India Inter-state waybill from 1st April today as planned in phased manner additional 6 states Ewaybill timeline has been issued today. Below are the list of State announced for Intra-state waybill from 20th April 2018: Himachal Pradesh Uttaranchal Jharkhand Bihar Tripura Haryana Refer previous list of Read more…
CBEC issued clarification regarding recovery of taxes excess claimed, and also announced procedure for reversal of inadmissible input tax credit. Please refer circular text below for details.
All India centralize E waybill requirement has been made compulsory from 1st April 2018. But it seems still there are some dealer who are not generating waybill for the movement and government sees red in this so as an attempt to conceal the transaction, hence Maharashtra government today issued warning Read more…
Circular No. 40/14/2018-GST, April 6, 2018; Central Board of Indirect Taxes and Customs Various communications have been received from the field formations and exporters that the LUTs being submitted online in FORM GST RFD-11 on the common portal are not visible to the jurisdictional officers of Central Board of Indirect Read more…
Reference circular Number 39/13/2018-GST IT-Grievance Redressal Mechanism Today GST decided to put in place an IT-Grievance Redressal Mechanism to address the difficulties faced by a section of taxpayers owing to technical glitches on the GST portal and the relief that needs to be given to them. The relief could be in Read more…
GSTR 1 is the statement of outward supply to be uploaded on GSTN portal by tax payers monthly/quarterly depend upon turnover. GSTR one filled by tax payers become the base for his customer to avail credit and it helps to identify Invoice level supply made by tax payer to his Read more…
The CBEC issued notification nos. 17-20/2018-Central tax and Order No. 1/2018 – Central Tax, dated 28 March, 2018. The notifications and order extend the due dates for some of the returns and prescribe the due dates for other GST returns. due dates for gst returns,gst return filing dates in india,GST Read more…
GST is principally “Destination based tax” which means tax will charged based on ultimate destination of Goods. Section 10 of IGST Act also confirm the same in Sec-10(1)(a), which says. “where the supply involves movement of goods, whether by the supplier or the recipient or by any other person, the place of supply of such goods shall be the location of the goods at the time at which the movement of goods terminates for delivery to the recipient;” But Sec-10(1)(b), has the different provision from stated above and this provision says the Place of supply will the location of Third party where the Goods move from one place other under instruction of third person, in such situation it is possible that Destination location of the Goods may not be the location of the Third person who has facilitated or instructed for the transaction.
GST 23rd Meeting Highlights “Goods and Service Tax” Changes in GST return filling • The time period for filing GSTR-2 and GSTR-3 for the months of July, 2017 to March 2018 would be finalized by a Committee of Officers. Till then, filing of GSTR-1 will continue for the entire period Read more…
Some of the key decisions taken by the GST Council in today’s meeting is stated below: Pruning of GST rates: S. No. Items Number of products recommended for rate shift Earlier GST rates Recommended GST Rate Consumer goods, personal care goods and other articles like detergents, perfumes, shampoo, hair Read more…
Press Release: Recommendations made by the GST Council in the 23rd meeting at Guwahati on 10th November, 2017 Press Release: Changes in Composition Scheme
The government of India waived penalty on delayed filing of initial GST returns for the months of August and September. “To facilitate taxpayers, late fee on filing of GSTR-3B for August and September has been has been waived,” Finance Minister Arun Jaitley said on tweeted. From the GST Tweets: from Read more…
Finance Minister @ColumbiaSIPA: The world can look forward to a bigger & cleaner Indian Economy in the coming years. @FinMinIndia pic.twitter.com/XAOrou2gOT — India in New York (@IndiainNewYork) October 10, 2017 IGST refund Scroll for 271 Shipping Bills amounting ₹10.5 Crs generated . IGST refund will be credited soon in exporters Read more…
Today is the last date for filing GSTR-1 for July !!! #GoodAndSimpleTax pic.twitter.com/qaBD8BSmtT — GST@GoI (@askGST_GoI) October 10, 2017 Taxpayers pls note 10th Oct is the last date for filing your GSTR 1. After 10th Oct, GSTR 1 will not be possible to be filed till 30th Oct. pic.twitter.com/unPZEPyFR6 — Read more…