News
CBIC clarifies on due-date for furnishing annual return for taxpayers in UP
CBIC clarifies that due-date for furnishing annual return for FY 17-18 for Uttar Pradesh is February 07, 2020; Issues corrigendum.....
CBIC notifies staggered due-dates for taxpayers with turnover upto 5 cr. for Jan-March
CBIC notifies due-dates for staggered filing of GSTR-3B returns for the months of January, February and March 2020 for taxpayers.....
Govt. issues FAQs on Verification of Vehicle Number in EWB Portal
Govt. releases FAQs on Verification of Vehicle number in E-way Bill (EWB) Portal; Explains that the e-way bill system has been integrated.....
Twin due-dates notified by CBIC for filing GST annual return for FY 17-18
CBIC extends due dates for GSTR-9 and 9C for FY 2017-18 in a staggered manner for different group of States.....
Budget 2020 proposes making fraudulent ITC availment a cognizable/non-bailable offence
Budget 2020 proposes making the offence of fraudulent availment of ITC without an invoice or bill a cognizable and non-bailable.....
GST collections for Jan second highest since introduction, crosses 1.1 lakh crore
GST revenue collection for the month of January 2020 stand at Rs. 1,10,828 crore comprising of CGST Rs. 20,944 crore,.....
CBIC extends due date for GST audit/annual returns till Feb. 3/5/7
Considering difficulties faced by taxpayers in filing annual return and audit report, CBIC extends due date for filing the same.....
Economic Survey Analysis: Future tax collection improvement depends upon GST revenue buoyancy
Economic Survey 2019-20 highlights that ‘Indirect taxes’ contributed 46% to Gross Tax Revenue (GTR) in 2019-20, attributes said growth to.....
CBIC debunks fake news, says no extension of due dates
CBIC communicates that a fake tweet is being circulated regarding extension in due dates for FORM GSTR-9 and 9C for.....
Clarification provided on GST related points raised by SGJMA
Govt. provides for clarifications in respect of GST on the points raised by SGJMA (SEEPZ Gems and Jewellery Manufacturers’ Association).....
Eye Share: Union Budget 2020 Countdown
Mr. Srinivas Hande K (Manager, Mazars India LLP) and Ms. Priyal Malpani (Consultant) further suggest ushering in a mechanism to.....
CBIC issues SOPs for exporters, explains stringent verification process adopted
CBIC informs that it has taken measures to apply stringent risk parameters-based checks driven by rigorous data analytics and Artificial.....
Cabinet approves amendments in Acts considering merger of Dadra & Nagar Haveli and Daman & Diu
The Union Cabinet approves amendments/extension/repeal in various Acts and Regulations dealing with Goods and Services Tax (GST), Value Added Tax.....
Finance Ministry announces 3 dates for 'staggered' GST payment, acknowledges return filing difficulties
Acknowledging difficulties faced by Trade & Businessmen in filing monthly GSTR-3B returns, Finance Ministry announces new due dates based on.....
CBIC Chairman directs investigation into pending IGST refunds where NOCs have been issued
CBIC Chairman (Dr. John Joseph) highlights key concern for exporters who have pending IGST refunds; Inter-alia points out that IGST.....
Copy of CGST Rules 2017 amended upto January 01, 2020
CBIC releases the copy of Central Goods & Services Tax Rules 2017 along with Forms as updated upto January 01, 2020......
CBIC notifies appointment of 'Revisional Authority' under CGST Act
CBIC notifies the appointment of Revisional Authority u/s 108 of Central Goods and Services Tax Act, 2017; Authorises, (a) the Principal.....
FinMin extends amnesty scheme for late fee waiver of GSTR-1 upto January 17
Finance Ministry extends the time limit for filing of GSTR-1 in order to avail late fee waiver for the period.....
CBIC issues instruction on compilation & dissemination of favourable High Court orders
CBIC (Legal Cell) issues instruction pertaining to compilation and dissemination of favourable orders passed by the various Courts pertaining to.....
National GST Conference deliberates on streamlining GST system, strengthening enforcement & disseminating inter-departmental data
The 2 National GST Conference of Commissioners of State Tax and Chief Commissioners of Central Tax was held today under.....