News

Eye Share: Exporters claim-verification by GST Refund-Sanctioning Officer – a redundancy in law
On November 18, 2019, CBIC issued a Refund Master Circular i.e. Circular No. 125/44/2019-GST specifying a list of documents required to be.....

FAQs on e-invoicing released, inconsistencies to be addressed by Notifications/rule changes
Govt. issues FAQs on E-invoice rollout, explains that, inconsistencies between content requirements of the published invoice template and the GST.....

CBIC notifies amendment to CGST Act/Rules, transition plan for UTs of J&K & Ladakh
Govt. notifies January 01, 2020 as the date on which provisions of sections 92 to 112 (except section 92, section.....

GST collections exceed Rs. 1 lac crore for second consecutive month in a row
GST revenue collection for the month of December, 2019 stand at Rs. 1,03,184 crore comprising of CGST Rs.19,962 crore, SGST.....

CBIC notifies exemption on upfront amount for industrial-plot lease pursuant to Council's announcement
CBIC amends Notification No. 12/2017- CT (Rate) dated June 28, 2017 to give effect to GST Council's proposal, exempts upfront amount.....

CBIC clarifies on applicability of Reverse Charge Mechanism on motor vehicle renting
CBIC issues clarification on applicability of Reverse Charge Mechanism (RCM) on renting of motor vehicles w.r.t. entry inserted in RCM.....

CBIC notifies rate revision on woven/non-woven bag & flexible intermediate bulk containers
CBIC notifies rate of 18% on (i) woven and non-woven bags and sacks of polythene or polypropylene strips or the.....

CBIC issues notifications, order to implement 38th GST Council Meeting decisions
CBIC issues notifications pursuant to the recommendation made by the GST Council during its 38th Meeting held on December 18, 2019;.....

CBIC issues instruction specifying constitution, term and functions of 'Grievance Redressal Committee'
GST Council approves the constitution of ‘Grievance Redressal Committee’ (GRC) at Zonal/State level consisting of both Central Tax and State.....

CBIC issues Standard Operating Procedure for return defaulters
CBIC issues Standard Operating Procedure (SoP) to be followed in case of non-filers of returns in pursuance of GST Council’s 38th meeting;.....

DIN to be quoted on all communications including e-mails to taxpayers, clarifies CBIC
CBIC directs that electronic generation and quoting of Document Identification Number (DIN) shall be done in respect of all the.....

CBIC notifies due date extension for filing GSTR- 3B for November 19
CBIC notifies due date extension for furnishing of GSTR-3B for the month of November 2019 to December 23 : CBIC.....

CBIC extends due date for filing GSTR-3B for November '19
CBIC extends due date for furnishing of GSTR 3B for the month of November 2019 to December 23: GSTN .....

Delhi HC issues notice in writ challenging Rule 36(4), Circular on restriction of credit
Delhi HC issues notice in writ challenging Rule 36(4) of the CGST Rules for being manifestly arbitrary and ultra vires.....

HC: Imposition of restriction to avail 20% ITC prescribed under Rule 36(4) challenged before Gujarat HC
Gujarat HC issues notice in writ challenging sub-rule (4) inserted in Rule 36 which restricts ITC upto 20% of value.....

Council announces certain law & procedure changes, rationalizes rate-structure
38th Meeting of GST Council concludes today with a constructive discussion on wide range of issues such as measures for.....
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Due date for filing GSTR-9 extended upto Jan 31
GST Council decides to extend the deadline for filing of GSTR-9 for FY 17-18 upto January 31, 2020; Waives late.....

GST Council decides single rate of 28% for all lotteries
GST Council decides to levy 28% GST on all lotteries; Opts for voting for the first time to finalise a.....

CBIC releases the copy of CGST Rules, 2017 as updated upto November 14, 2019
CBIC releases the copy of Central Goods & Services Tax Rules, 2017 as updated upto November 14, 2019. .....

GST Council likely to bring in one time amnesty scheme to waive late fees/ penalty for filing of GSTR 1 due from July 2017 till Nov 2019
GST Council likely to bring in one time amnesty scheme to waive late fees/ penalty for filing of GSTR 1.....