GST

1. A taxpayer may now file NIL Form GSTR-3B, through an SMS, apart from filing it through online mode, on GST Portal.2. To file NIL Form GSTR-3B through SMS, the taxpayer must fulfill following condit...

Ministry of FinanceCentre Releases Rs. 36,400 Crore as GST Compensation to StatesPosted On: 04 JUN 2020 8:28PM by PIB DelhiTaking stock of the current situation due to COVID-19 where State Governments...

Press Note – Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting.Press Note 1. In the recent past tweets have been noticed by the go...

Ministry of FinanceEffective use of technology enables Goa Central GST Commissionerate to administer Taxation remotelyPosted On: 09 MAY 2020 by PIB MumbaiCOVID-19 Pandemic saw business transitioning t...

On 23 March 2020 the CBIC issued some clarifications regarding the Goods and Services Tax (GST) compliances needed to be adhered to by the corporate debtors (CD) undergoing Corporate Insolvency Resolu...

New FunctionalityReturn- Filing Form GSTR-3B, through EVC♣ The taxpayers who are required to mandatorily use DSC to file Form GSTR-3B, now have an option to file it using EVC.♣ This is applicable to f...

Hope all are doing well!!I want to bring your attention on the GST Refund Scam which is going on!!!Yes, some fraudsters are taking the advantage of Lockdown & Cash Crunch position and started their lo...

The Chairman,GST Council,NEW DELHI.Date : 17.04.2020Respected Madam,The unprecedented damage done by the Covid 19 pandemic world over has left the already suffering Indian Economy in a grave situation...

Taxpayers deposit money using challan and the paid amount gets credited in the particular head in the Electronic Cash ledger and the same can be utilized in settling liabilities of that head only. In...

File FORM GST PMT 09, to transfer/shift the money available in Electronic Cash ledger, between various major and minor heads of GSTTaxpayers deposit money using challan and the paid amount gets credit...

Alert for taxpayers about non-eligibility of certain Commodities, for opting for composition, while filing Form GST REG 01 & Form GST CMP 02 or filing any non-core amendment related to option for comp...

Registration for TCS taxpayers: Registration in a State/ UT with address of Head Office – changes in Form GST REG-07The GST law requires an entity to obtain registration for TCS in each State /UT, whe...

Extension for submission of LUT for 2020-21Notification No. 37/2017-Central Tax, dated 04.10.2017, requires LUT to be furnished for a financial year. However, in terms of notification No. 35/2020-Cent...

The Central Board of Indirect Taxes and Customs (CBIC) said that it is fully committed to help the GST taxpayers in the present COVID-19 situation.Since 30th March 2020, CBIC has processed 12,923 refu...

Section 35 and Section 36 of Central Goods and Services Tax Act, 2017 related to Maintaining Accounts and Other Records and Period of retention of accounts – Accounts And RecordsSection 35 of CGST Act...

Announcement for Attention of the MembersUse of Electronic Signature for Signing Audit Reports and CertificatesAttention of the members is invited to paragraph 46 (Signature of the Auditor) of SA 700...

Effects of the Notifications 30/2020-CT to 36/2020-CT all dated 3rd April, 2020 issued by the CBIC due to COVID-19 PandemicFor Tax Payers having Turnover more than 5 CroresReturnTax PeriodOriginal Due...

Alert for Input Service Distributors (ISDs), for data in SAVE stage in their Form GSTR 6Changes are being made in the credit utilization criteria in Form GSTR-6, filed by Input Service Distributors (I...

Details of Initial and Subsequent Notifications is as follows :- S. No. Notification No. and DateTitle1Notification No. 3/2017-Central Tax (Dated 19th June 2017) Central Goods and Services Tax Rules,...

Users of EWB Portal may note that, they can exercise following options in such a scenario:Cancel the EWB: Supplier of goods can cancel the EWB, within 24 hours of its generation, subject to the condit...