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GST Revenue collection for August 2018 close to 94000 crore rupees
GST Revenue collection for August 2018 close to ninety-four thousand crore rupees The total gross GST revenue collected in the month of August, 2018 is Rs. 93,960crore of which CGST is Rs. 15,303crore...
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Representation on proposals for Simplification of GST Return
Institute of Cost Accountants of India has made a Representation letter on the proposals made by the GST Council for Simplification of GST Return and submitted the same to Shri Arun Jaitley, Hon’ble U...
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Advisory to taxpayers for filing refund application under GST-RFD-01A
1. Refund application can be filed using refund application form GST-RFD-01A.2. Refund application filing for multiple tax period is available for the below ground of refunds:– Export of Goods and Ser...
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Advisory for Taxpayers to file Refund for Multiple Tax period
1. Refund application filing for multiple tax period is available for below grounds of refund:a. Export of Goods & Services-Without payment of Taxb. Supplies made to SEZ Unit/ SEZ Developer- Without p...
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Advisory to taxpayers for filing refund application under GST-RFD-01A
1. Refund application can be filed using refund application form GST-RFD-01A.2. Refund application filing for multiple tax period is available for the below ground of refunds:– Export of Goods and Ser...
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Advisory for Taxpayers to file Refund for Multiple Tax period
1. Refund application filing for multiple tax period is available for below grounds of refund:a. Export of Goods & Services-Without payment of Taxb. Supplies made to SEZ Unit/ SEZ Developer- Without p...
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Due date to file GST returns by taxpayers in Kerala, Mahe & Kodagu extended
Extension of last date for filing GST returns by taxpayers in Kerala, Mahe and Kodagu extended In view of the disruption caused due to severe floods in Kerala, Mahe (Puducherry) and Kodagu (Karnataka)...
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Extend time limit to file GST return 3B due to Non Working of GST Website
Gujarat Sales Tax Bar Association has Request to extend time limit to file GST return 3B due to Non Working of GST Website by its representation dated 20th August, 2018 to GST Council. Text of the Rep...
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GST collection shown upward trend since April, 2018
Anti-Profiteering Mechanism under GSTThe month-wise details of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess collected b...
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GST Compensation to States
Government has compensated to the States/UTs for the reported revenue deficit on account of implementation of Goods and Services Tax (GST). As per provisions in Section 7 of the GST (Compensation to S...
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Impact and Awareness of GST
Steps taken by the Government to increase awareness about the features of Goods and Services Tax (GST) are as follows:i. conducting workshops and seminars regularly across the country,ii. posting of l...
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CBIC compare data in FORM GSTR-1 and FORM GSTR-3B
Filings of GST ReturnsThe Goods and Services Tax Council has simplified the return filing process for small businesses. The GST Council, in its 28th meeting held on 21st July, 2018 in New Delhi, in pr...
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CBI arrests 19, including customs officials for bribery & smuggling
CBI ARRESTS 19 ACCUSED INCLUDING ASSISTANT COMMISSIONER OF CUSTOMS AND PRIVATE PERSONS IN A CASE RELATING TO ALLEGED BRIBERY AND SMUGGLING OF GOODSThe Central Bureau of Investigation has arrested 19 a...
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Govt. introduces 4 GST Amendment bills in Lok Sabha
Govt. introduces in Lok Sabha today Central Goods and Services Tax (Amendment) Act, 2018, Integrated Goods and Services Tax (Amendment) Act, 2018 , Union Territory Goods and Services Tax (Amendment) A...
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Suggestions by FICCI related to MSMEs submitted to GST council
FICCI welcomes setting up of the GST council’s panel for addressing MSME concernsThe group of state finance ministers headed by MoS Finance Mr. Shiv Pratap Shukla will help provide speedy solutions to...
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20% GST cashback on BHIM, Rupay transactions approved by GST Council
GST Council approves 20% GST cashback on BHIM, Rupay transactionsGST Council in its 29th meeting on Saturday (4th July 2018) decided to start a pilot project to give 20 per cent cashback of the GST pa...
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Minimise impact of GST on private security industry: FICCI
Govt. considers FICCI’s plea to minimise impact of GST on private security industryWe will do whatever is possible to reduce the 18% GST levied on the industry: MoS Finance, Shiv Pratap ShuklaNEW DELH...
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Amendments to the Goods and Services Tax (GST) Laws
The Government has proposed around 46 Amendments to the Goods and Services Tax (GST) laws viz., the Central Goods and Services Tax Act, 2017 along with the respective State Goods and Services Tax Act,...
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Month-wise Goods & Services Tax (GST) collections
Goods & Services Tax collectionsThe Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.The accounting of G...
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E-way Bill System- Statement by Government
he E-way Bill System has been introduced nation-wide for inter-State movement of goods with effect from 1st April, 2018 while the States were given the option to choose any date till 3rd June, 2018 fo...