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Invoices reported in Form GSTR 1 of FY 2017-18 cannot be amended
Amending Invoices reported in Form GSTR 1, pertaining to financial year 2017-181. Some taxpayers have reported that they are not able to amend the invoices reported in their Form GSTR 1, pertaining to...
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GST collection shows consistent growth trend over last two years
GST CollectionsThe Tax Collection in April, 2019 has been the highest ever in a particular month i.e. Rs. 1,13,865 crore since GST implementation. It is usually noticed that there will be a jump in th...
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GST Council has to decide on levy of GST on Petroleum Products
Article 279A (5) of the Constitution provides that Goods and Services Tax Council shall recommend the date on which goods and services tax shall be levied on petroleum crude, high speed diesel, motor...
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Registration process under GST linked with SPICe-AGILE Form of MCA
1. Normal and Composition taxpayer can now apply for GST registration, while applying for incorporation of company on MCA Portal. Thus, once a new company applies for its incorporation/ registration w...
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Steps taken by Govt for smooth Implementation of GST
The implementation of GST has led to the removal of cascading effect of taxes in the economy as well as promoting free movement of goods across States, thereby creating “one nation, one market”. A sim...
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CBIC extends due date of FORM GSTR-9, GSTR-9A & GSTR 9C
35th GST Council Meeting, New DelhiMinistry of FinanceGST Council decision relating to changes in law and procedurePosted On: 21 JUN 2019The GST Council, in its 35th meeting held today at New Delhi, r...
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35th GST Council Meeting- GST rate related change
35th GST Council Meeting, New DelhiMinistry of FinanceGST Council decisions on rate changes on supply of good and services Posted On: 21 JUN 2019 7:52PM by PIB DelhiIn the meeting held today, that is...
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NAA tenure extended for 2 Years; Phased electronic invoicing system introduction; Decision on GSTAT
AA tenure extended for 2 Years; Phased electronic invoicing system introduction; Decision on GSTAT 35th GST Council Meeting, New DelhiMinistry of FinanceFM chairs 35th GST Council meeting in Delhi; de...
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Extend due date of GSTR 9, GSTR 9A, GSTR 9C to 31.10.2019: ICAI
ICAI has made a Request for extension of Last Date for filing of Annual returns in Form GSTR 9 and GSTR 9A alongwith GST Audit Certificate in GSTR 9C from June 30, 2019 to October 31, 2019 to Smt. Nir...
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Fraudulent GST ITC of more than ₹ 16 Crore- DGGI arrests one person
Fraudulent GST ITC of more than Rs.16 Crore- DGGI arrests one person Ministry of FinanceThe Directorate General of GST Intelligence Hqrs. arrests one person in connection with the taking by two firms...
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Genuine exporters would continue to get their IGST refunds: CBIC
Ministry of FinanceIntroduction of manual checks in IGST refunds aimed at preventing unscrupulous exporters from defrauding the exchequerCBIC would assure all genuine exporters that they would continu...
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8 Defects Fixed for Taxpayer by GSTN
1. Refunds – Refund amount entered, while filing refund application for excess payment of tax, will get rounded off now. – Correct financial period will now be displayed in ARN receipt & Track ARN Sta...
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CBIC releases Transition plan to new GST Return
Press ReleaseTransition plan to the new GST ReturnThe GST Council in its 31st meeting decided that a new GST return system will be introduced to facilitate taxpayers. In order to ease transition to th...
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Extend due date of Annual GST Return/ GST Audit in Form GSTR-9, 9A, 9B-9C
Gujarat Sales Tax Bar Association has made a Representation on Extension of Due Date For Filing of Annual Return In Form GSTR-9, 9A, 9B And Audit Report In Form GSTR-9C to Smt. Nirmala Sitharaman, Uni...
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File Annual Return Form GSTR-9 for FY 2017-18 by 30.06.2019
Filing of Annual Return, Form GSTR-9 for financial year 2017-18, by 30th June, 2019(1) This is in reference to filing of Annual Return, Form GSTR-9, by a normal taxpayer for financial year 2017-18, wh...
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Handbook on GST Annual Return- Analysis of GSTR 9 / GSTR 9A
The submission and processing of return is an important link between the taxpayers and tax administration. Section 44 of the Central Goods & Services Tax (CGST) Act, 2017 stipulates that every registe...
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GST Grievance Redressal Mechanism- Contact Details
A multi-layered mechanism on grievance redressal exist to taxpayers, as below:–Pan-India Helpdesk: (24 x 7 Helpdesk – CBECMITRA): For all queries related to law and procedure under GST and related IT...
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GST Revenue collection for May 2019 shows Growth of 6.67%
Ministry of FinanceGST Revenue collection for May, 2019Rs 1,00,289 crore total gross GST revenue collected ; A growth of 6.67% over the revenue in the same month last yearPosted On: 01 JUN 2019 4:36PM...
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NAA passes 60 orders against complaints of profiteering
Anti-Profiteering Measures The National Anti-Profiteering Authority (NAA) was constituted on 28th November, 2017 under Section 171 of the CGST Act, 2017 to ensure that the reduction in rate of tax or...
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GST Authorities of Advance/Appellate Rulings-Status Upto April 2019
Authority for Advance Ruling (AAR) constituted under the provisions of a SGST/ UTGST Act, in terms of the provisions of Section 96 of the CGST Act, 2017 to render ruling on issues specified under Sect...