GST

Press Information BureauGovernment of IndiaMinistry of FinanceDated: 01-March-2019The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley releases a Compendium of Instructions on GST Re...

Recommendations of the 33rd GST Council meeting 1. Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity to large numbers of people. “Housing fo...

1. GST shall be levied at effective GST rate of 5% without ITC on residential properties outside affordable segment.2. GST shall be levied at effective GST of 1% without ITC on affordable housing prop...

a. Functionalltles available on GST portal♥ Tax payers can furnish details of security/ surety in prescribed form ASMT-05. After submitting the form online, they are required to furnish hard copy of o...

Ministry of FinanceThe Central Board of Indirect Taxes and Customs (CBIC) constitutes three Working Groups to study and recommend measures to facilitate trade, promote exports and improve compliance.T...

1. Extension of Due Date for filling GSTR-3B for January 2019 For all states except Jammu & Kashmir -22nd February 2019 For Jammu and Kashmir – 28th Feb 20192. Recommendation of GST rate On under-cons...

(Read Notification) As per GST portal Due date of filing GSTR-3B for the tax period January, 2019 has been extended up to 22nd February, 2019. Only for J&K it is extended up to 28th Feb 2019.Today’s G...

Population of Data from EWB System into Form GSTR-1At the time of generating E-Way Bill for outward supply, taxpayer enters the detail of outward supplies such as Invoice number, Date, Value Tax etc.T...

Download CGST Act 2017, IGST Act, 2017, UTGST Act 2017 & GST (Compensation To State) Act, 2017 updated till 01st February 2019 in PDF Fromat.The Central Goods And Services Tax Act, 2017The Goods And S...

Registration- For TaxpayerSuo-moto cancelled taxpayers were not able to file revocation of cancelled registration application, as they were asked to file return after the month (also), in which cancel...

GST is levied on goods and services on supplies for a consideration in the course of business wherein in definition of business includes that any activity or transactions undertaken by the Central/Sta...

Direct and Indirect TaxesThe details of Net Direct Tax Collections during the Financial Year (FY) 2017-18 and FY 2018-19 (up to January, 2019) are as under: (Rs. in Crore)Financial YearTotal Direct Ta...

New Return Filing System of GSTNGSTN will focus, amongst others, on the development of new return filing, further improving the user interface, and Business Intelligence and Analytics. Improvement in...

GSTN has made following updates to GST Portal in last week which includes- Portal will show list of Preferred Bankst while making Payment, restriction for applying refund on quarterly basis for quarte...

Press Information Bureau Government of IndiaMinistry of Consumer Affairs, Food & Public Distribution05 FEB 2019 4:46PM by PIB DelhiLevying of Service Charges despite GSTCharging of Service Tax is not...

GST Revenue Collections for the month of January 2019 crosses Rupees One Lakh Crore MarkThe total gross GST revenue collected in the month of January, 2019 is Rs 1,02,503 crore of which CGST is Rs 17,...

GST, the biggest taxation reform, led to increase in tax base, higher collections and ease of trade Rates continuously reduced providing relief of about r. 80,000 crore annually to consumers Most item...

GST is a biggest transformation reform in the Indirect Taxation system in India, the likes of which has not been seen in India post-independence. New system has improved the collection of taxes as wel...

CBIC issues 13 Notifications on 29th January 2018 which includes the following-1. notifications to specify that Reverse Charge Mechanism on Procurement from Unregistered Dealers which was deferred til...

A writ petition has been listed before the Division Bench of the Principal Seat of the Hon’ble Rajasthan High Court at Jodhpur on Tuesday, 29.1.2019. The petition preferred by one Lakhani Metal and Ca...