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Hasmukh Adhia designated as Finance Secretary
Ministry of Finance has announced on its twitter handle on 06th October that Shri Hasmukh Adhia, IAS (GJ:1981), Secretary, Department of Revenue, Ministry of Finance has been designated as the Finance...
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Recent Important Services available on GST Portal
52 Important Services available on GST Portal52 Important Services available on GST PortalImportant Services presently available on GST PortalForm/ApplicationSectionRuleDescription1GST REG-0122,248New...
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Functionality of Table 6A of Form GSTR 1 is now available on GST Portal
The functionality of Table 6A of Form GSTR 1 is now available on GST Portal. Taxpayers can file their export data from the month of August 2017 onwards. This will enable the exporters to get IGST refu...
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Hand Book on GST for Service Providers by ICAI
Gaps in erstwhile indirect taxes law are sought to be overcome by Goods and Services (GST) law which provides utilization of cross credit across goods vs services or vice versa, ambiguity of analysing...
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Available Functionality for Tax Payers in GST Portal as on 31.10.2017
Available functionality includes recently introduced facility for Creation and submission of Form GSTR 2 using Offline Utility (without xls download from tool) and faility for Creation and submission...
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Check GSTR-2A & GSTR-2 for difference between amounts & count
The invoices uploaded from your suppliers might have the difference between amounts and count between GSTR-2A and GSTR-2, make sure to checkInvoices under GSTR-2 will start showing up on summary scree...
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Last date for filing GSTR-2 & GSTR-3 for July 2017 extended
To facilitate trade, last date for filing GSTR-2 & GSTR-3 for July 2017 extended to 30th Nov & 11th Dec 2017 respectively.Last date for filing of GSTR-2 for the month of July, 2017 extended to 30th No...
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6 New functionalities made available on GST Portal
Following new functionalities have been made available to taxpayer on GST Portal:1. GSTR-2 Offline Version 2.1 – New version of GSTR-2 offline tool is available on portal now. This will enable taxpaye...
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GSTS releases Offline Tool for creation & submission of GSTR-2
Offline Tool V2.1 with option to export data in Excel feature is now available on GST Portal for creation and submission of GSTR-2.Feature to export data in Excel made available in Offline Tool V2.’ f...
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Form GST PMT 07 is now available to taxpayers
to inform about payment related discrepancy on GST Portal. This form is to report about discrepancy where amount has been debited from account of taxpayer, but Electronic Credit Ledger is not updated....
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FORM GST TRAN – 1 due date extended to 30th November 2017
Learning from its mistake in extension of due date of filing form ITC-04 at last moment i.e. just 3 hours before the expiry of time to file the same CBEC has announced on its twitter handle that FORM...
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Reformative measures like introduction of GST will improve economy: Vice President
Press Information BureauGovernment of IndiaVice President’s Secretariat17-October-2017Reformative measures like introduction of GST will improve economy: Vice PresidentAddresses 90th Anniversary Celeb...
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Available Functionality for Tax Payers in GST Portal as on 15.10.2017
#Module /AreaFORMFORM Components/Details1RegistrationGST REG-14Amendments of Core fields2RegistrationGST REG-12Suo Moto Registration and Payment option by Govt. department1) ID creationOnline GST Cert...
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Slowdown effect of demonetisation & GST has now more or less played out: FM
The Finance Minister, Shri Arun Jaitley: Indian economy is poised for strong, sustainable and balanced growth backed by the Government of India’s strong focus on implementing structural reforms;There...
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GST on Leasing of vehicles purchased and leased prior to 1st July, 2017
Leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the applicable GST rate (including Compensation Cess).In order to provide relief to old/exi...
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GST rate structure for Petroleum and Oil Sector
To reduce the cascading of taxes arising on account of non-inclusion of petrol, diesel, ATF, natural gas and crude oil in GST and to incentivise investments in the E&P (exploration and production) sec...
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GST rate structure for Petroleum and Oil Sector
To reduce the cascading of taxes arising on account of non-inclusion of petrol, diesel, ATF, natural gas and crude oil in GST and to incentivise investments in the E&P (exploration and production) sec...
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No extension of last date for filing GSTR-1 for July, 2017
The last date for filing GSTR-1 for the month of July, 2017 is 10th October, 2017. An extension of two months has already been given. There will be no further extension given to taxpayers for filing t...
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Change in GST Rate on Services / Job Work approved by GST Council
Decisions taken by the GST Council in the 22″meeting held on 6th October 2017 The following decisions were taken by the GST Council at its 22nd meeting held in Vigyan Bhavan on 6th October, 2017. The...
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Relief Measure approved for exporters by GST Council
8 Relief Measure approved for exporters by GST CouncilEXPORT PACKAGE GSTThe GST Council under Chairmanship of Union Finance Minister Shri Arun Jaitley has in its 22nd Meeting held at Delhi today appro...