Home » Archive by category "GST" (Page 4)

National Anti-profiteering Authority (NAA) under GST

  The Government approves in cabinet meeting the establishment of the National Anti-profiteering Authority (NAA) under GST, after sharp reduction in the GST rates of many of items of mass consumption on 15th November, 2017. This paves the way for the immediate establishment of this...

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Snippet of 23rd meeting of GST Council at Guwahati

GST Council

  Great relief to taxpayer given by GSTC in 23rd meeting of GST Council held at Guwahati, Assam on 10th November 2017. Relaxation given in filing of GSTR by extending due dates as well reduced late fee amount, also out of 227 items in 28% GST...

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Due date of GSTR-2A, GSTR-1A and Procurement of goods from DTA by EOU

CBEC issues Circular No. 14/14/2017-GST : Procedure regarding procurement of supplies of goods from DTA by (EOU)/(EHTP Unit /STP Unit/BTP Unit, and Circular No. 15/15/2017-GST : Due date for generation of FORM GSTR-2A and FORM GSTR-1A in accordance with the extension of due date for...

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Unregistered Taxpayer and Composition Scheme : GST

Unregistered Taxpayer and Composition Scheme – GST : Section 10 of the CGST Act 2017 provides option to any registered taxable person having turnover up to Rs 75 lacs per annum to pay tax at lower rates subject to the condition that he should not...

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Refund of Unutilized ITC under GST

The GST Law provide for refund of unutilized ITC, where credit accumulation is on account of inverted duty structure, subject to certain riders. Time lines have been set for processing of refund claims and claims not settled within 60 days will be paid with interest...

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GSTR-2 and GSTR-3 filing date extended

Press Release Great relief to GST taxpayer given by the Government by extending last date of filing of GSTR-2 for July, 2017 to 30th November, 2017 The last date for filing of GSTR-3 for the month of July, 2017 extended to 11th December, 2017 The...

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New functionalities made accessible 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 taxpayers to export data of GSTR-2 from Tool to Excel. This will be...

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New Notifications and Orders on GST issued by CBEC on 28th October, 2017

Orders Issued by CBEC on 28th October, 2017 Order No. 05/2017-GST : Extension of time limit for intimation of details of stock held on the date preceding the date from which the option for composition levy is exercised in FORM GST CMP-03 Order No. 06/2017-GST...

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Evidence for claim of refund for deemed export

CBEC issues notification for claiming refund by the supplier of deemed export supplies needs to provide evidence. GOVERNMENT OF INDIA MINISTRY OF FINANCE Department of Revenue Central Board of Excise and Customs Notification No. 49/2017-Central Tax New Delhi, the 18th October, 2017   G.S.R. (E).-...

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List of Goods treated as Deemed Exports

Central Government, on the recommendations of the Council, hereby notifies the supplies of goods listed in column (2) of the Table below as deemed exports. GOVERNMENT OF INDIA MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No. 48/2017-Central Tax New...

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