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GST Council – Journey so far
The GST Council was constituted on 15th September 2016 under Article 279A of the Constitution. It consists of the Union Finance Minister (Chairperson), Union Minister of State in charge of the Revenue...
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Management of Manpasapd Beverages arrested in fake invoice GST fraud
Top Management of M/s. Manpasapd Beverages Ltd. Savli, Vadodara arrested in fake invoice GST fraud.Multi locational searches were conducted on various premises of M/s Manpasand Beverages ltd. on 23/05...
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New GSTR Offline Tool Prototype Released on GST Portal
Web based Prototype of Offline Tool of New GST Return is an interactive demo or mock-up of the ‘Offline Tools of New Return’ to give stakeholders a feel of what the Tool will look like and to get thei...
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CBI Arrests An Inspector of Central GST In Bribery Case
CBI Arrests An Inspector of Central GST, Chief Vigilance Inspector of RDSO And An Assistant of FCI In Separate Cases of BriberyThe Central Bureau of Investigation has arrested an Inspector, E-way Bill...
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GST on Real Estate- Exercise of Option- Date extended to 20.05.2019
The date for exercising the option for residential real estate project to either stay at old GST rate (8% or 12% with ITC) or to avail new GST rate (1% or 5% without ITC) is being extended to 20.05.20...
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Recent System Related Changes in GST
Businesses with an annual turnover of over ₹ 2 crore can now start filing GST audit reports for fiscal 2017-18 as GST Network (GSTN) has made its format available on its portal.> The audit report for...
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GST collection for April 2019 recorded highest collection since GST implementation
GST Revenue collection for April, 2019 recorded highest collection since GST implementationThe total gross GST revenue collected in the month of April, 2019 is Rs 1,13,865 crore of which CGST is Rs. 2...
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Update on Annual Return Form GSTR-9A / GSTR-9C as on 30/04/2019
Subject: Information to Taxpayers on new releases on GST Portal, as on 30/04/2019Here is an update on new functionalities deployed at GST portal recently for your reference.2 Recently, offline utility...
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Updated Central Goods and Services Tax Rules, 2017 till 23.04.2019
This article have updated Central Goods and Services Tax Rules, 2017 which were initially released on 19th June 2017 and amended by various notifications issued from time to time. CGST Rules are updat...
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New enhancements in e-Way Bill System w.e.f. 23-Apr-19
1. Auto calculation of distance based on PIN Codes of Source & Destinationa. Users are allowed to increase it by maximum of 10%b. If both the PINs are same, he can put maximum of 100KMc. If PIN entere...
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CBIC issues 6 New Notifications / Circulars / Orders on 23.04.2019
On 23rd April 2019 CBIC issued 3 CGST Notifications, 2 Circulars and 1 Removal of Difficulty Order.CBIC added proviso to Rule 23, Amended Rule 62 to provide rule for payment and return filing by Speci...
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e-Way Bill System Enhancements in e-Way Bill System (April-2019)
This document will explain the new enhancements introduced to the e- Way Bill (EWB) generation form. The purpose of this document is to communicate the tax payers and transporters, details of the late...
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New Functionalities & Return filing Utility of Form GSTR-9C /GSTR-9
A. New Functionalities available in CBIC-GST Application:i. Tax officers can block/unblock ITC credit in Credit ledger at GSTii. Tax officers can see annual return GSTR 9 return filed on GSTiii. Tax o...
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Available Functionality for Tax Payers in GST Portal as on 18.04.2019
Available functionality includes the following-1. Return- Offline Utility for filing of Form GSTR-9AOffline utility of Form GSTR-9A is made available in the download section of GST Portal for the comp...
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GST Exemption on outward transportation of goods by air & sea till 30.09.2019
Exemption granted on outward transportation of all goods by air and sea by another one year i.e. upto 30th September 2019GST Council in its 28th GST Council meeting held at New Delhi on 21.07.2018 has...
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5 New Functionality on GST Portal introduced after 15.03.2019
are Form GSTR-9, Annual Return for 2017-18 to be filed by normal taxpayer, Form GSTR-9A, Annual Return for 2017-18 for composition taxpayer, Preparation of Form GST REG-21 by GSTP, on behalf of NRTP/T...
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5 New Functionality on GST Portal introduced after 15.03.2019
are Form GSTR-9, Annual Return for 2017-18 to be filed by normal taxpayer, Form GSTR-9A, Annual Return for 2017-18 for composition taxpayer, Preparation of Form GST REG-21 by GSTP, on behalf of NRTP/T...
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ICAI’s contribution in GST recognized by GSTN
ICAI Press ReleaseICAI’s contribution in GST recognized by GSTNThe Goods and Services Tax Network (GSTN) on the occasion of its foundation day on 5th April, 2019 felicitated The Institute of Chartered...
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Advisory to GST Taxpayers on Invoice Series to be used wef 1st April, 2019
Attention of all taxpayers is invited to Rule 46 (b) of the CGST Rules 2017, which specifies that the tax invoice issued by a registered person should have a consecutive serial number, not exceeding s...
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Record GST collection of ₹1,06,577 crore in March, 2019
GST Revenue collection for March, 2019 crossed Rupees One Lakh Crore and recorded Highest Collections in the FY 2018-19Total Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 cro...